Islamic finance is a growing issue in the world of accountancy, it has been suggested.
Daud Vicary Abdullah has just been appointed as global leader of Deloitte Touche Tohmatsu's Islamic Finance industry group.
He believes that the field should present new areas of growth for financial services firms for some time to come.
Commenting on the sector, he said: "The Islamic Finance industry is rapidly expanding, which presents opportunities for companies in various businesses around the world."
Deloitte's member firms already provide Islamic institutions with advice on matters relating to sharia compliance, as well as audit and tax issues.
Link: http://www.gaapweb.com/news/2062-Islamic-finance-important-in-accountancy-.html
In his new role, Mr Vicary Abdullah will support the member firms to ensure they are offering the best possible service.
Recently, Dr Mohd Daud Bakar, an international sharia expert, warned that the Islamic Finance sector could face a talent shortage in the future.
He urged institutions to ensure they are committed to the training of staff so they develop the skills needed to thrive in the field.
Daud Vicary Abdullah has just been appointed as global leader of Deloitte Touche Tohmatsu's Islamic Finance industry group.
He believes that the field should present new areas of growth for financial services firms for some time to come.
Commenting on the sector, he said: "The Islamic Finance industry is rapidly expanding, which presents opportunities for companies in various businesses around the world."
Deloitte's member firms already provide Islamic institutions with advice on matters relating to sharia compliance, as well as audit and tax issues.
Link: http://www.gaapweb.com/news/2062-Islamic-finance-important-in-accountancy-.html
In his new role, Mr Vicary Abdullah will support the member firms to ensure they are offering the best possible service.
Recently, Dr Mohd Daud Bakar, an international sharia expert, warned that the Islamic Finance sector could face a talent shortage in the future.
He urged institutions to ensure they are committed to the training of staff so they develop the skills needed to thrive in the field.
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