Karma means action, work or deed; it also refers to the spiritual principle of cause and effect where intent and actions of an individual (cause) influence the future of that individual (effect). Good intent and good deeds contribute to good karma and happier rebirths, while bad intent and bad deeds contribute to bad karma and bad rebirths. The philosophy of karma is closely associated with the idea of rebirth in many schools of Indian religions (particularly Hinduism, Buddhism, Jainism and Sikhism) as well as Taoism.
as salam alaikum
Islam does not agree with the belief in reincarnation. Therefore if karma is used in that sense, it is refused according to Islamic perspective.
If the doctrine of karma is used to simply indicate the relation of cause and effect among some actions and reactions, or similar issues, it may have some similarities with an Islamic point of view but we should consider also that it may not apply to all cases. For example Allah may increase His blessings to a person at His will: "...bestowed from your Lord by way of gift by reckoning" (78:36).
With prayers for your success.