KPMG named best Islamic finance adviser by Euromoney

KPMG has been named “Best Islamic Assurance and Advisory Services Provider” in the 2012 Euromoney Islamic finance awards. This marks the fifth consecutive year KPMG has taken the top prize, which is unequalled in the advisory category.

Now in their tenth year, the awards are widely regarded as the benchmark awards for the global Islamic finance industry.  Euromoney highlighted KPMG’s active role in promoting and supporting the development of the Islamic finance industry around the world especially in new markets.

Jeremy Anderson, global head of KPMG’s Financial Services  practice, commented: “I am absolutely delighted KPMG has received this award for a fifth year in a row. Without a doubt, 2011 was a year of challenges and opportunities for the industry. Through intense focus on our firms’ clients’ objectives we have been able to help them find their way through these demanding times.”

Neil D. Miller, global head of Islamic finance, added: “KPMG firms are committed to the growth and development of the Islamic finance industry and we look forward to continuing our work in this exciting area.”

In 2011, KPMG established a Centre of Excellence in Islamic finance in the UAE, headed up by Neil Miller who joined as global head of Islamic finance in April. KPMG member firms now have a well established global Islamic finance and investment group, with a network of professionals in 37 countries including markets as diverse as Russia, Africa, the Maldives and Sri Lanka.