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.