KPMG takes top prize in the Islamic finance awards for an unprecedented 5th year in a row
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 a record 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 financial services at KPMG, commented: “I am absolutely delighted KPMG has received this award for what is now a record-breaking fifth year in a row. 2011 was a year of challenges and opportunities for all in the industry. Through intense focus on our clients’ objectives we have been able to help them find their way through these demanding times.”
Samer Hijazi, director in KPMG’s financial services practice, added: “Our team is committed to the growth and development of the Islamic finance industry and we look forward to continuing to 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 now has 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.
Notes to editors:
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KPMG LLP, a UK limited liability partnership, is a subsidiary of KPMG Europe LLP and operates from 22 offices across the UK with over 11,000 partners and staff. The UK firm recorded a turnover of £1.7 billion in the year ended September 2011. KPMG is a global network of professional firms providing Audit, Tax, and Advisory services. We operate in 150 countries and have 138,000 professionals working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. KPMG International provides no client services.