KPMG wins Islamic finance award

News Article - 08 February 2008
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KPMG has been awarded the title of Best Islamic Assurance and Advisory Services Provider at the 2008 Euromoney Islamic Finance Awards.

The magazine claimed that KPMG was chosen due to its "impressive" spread and breadth of assignments, including work in the Middle East, Asia, Africa and Europe.

"Through intense focus on our clients' business objectives and a collaborative approach to implementation, we have been privileged to work alongside our clients as this fascinating market has expanded and matured," commented Jeremy Anderson, European head of financial services at the firm.

Brendan Nelson, global chairman of financial services, added that 2008 will be a successful year for Islamic finance as it seeks to expand with further global opportunities.

Mr Nelson was confident that the industry would continue to grow and that KPMG will remain committed to working within the sector.

The Islamic finance industry is growing at a rate of up to 20 per cent a year making it an "attractive niche" area, according to the Chartered Institute of Management Accountants.

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