November 25, 2009

Deloitte is pushing further into Islamic finance with the appointment of a global leader to manage the Shariah compliant division's operations.Daud Vicary Abdullah was appointed Deloitte Touche Tohmatsu global leader of the Islamic Finance Industry group, which means he will be responsible for the firm's overall strategy and provide consulting services to member firms.Vicary Abdullah previously worked in Asia, Europe, Latin America and the Middle East and has held a number of executive roles in Islamic and Asian banks.

The firm provides audit, internal audit, tax and consulting services for Islamic institutions. Deloitte also advises clients on strategy, mergers and acquisitions and assist in capital raising for Shariah compliant structures."The Islamic finance industry is rapidly expanding, which presents opportunities for companies in various businesses around the world," said Vicary Abdullah.

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