Linklaters has hired KPMG global Islamic finance head Neil Miller as its new global Islamic finance head, based in Dubai. Miller joins the magic circle firm from accountancy firm KPMG. He joined KPMG two years ago from Norton Rose, having developed a leading Islamic finance practice at the firm over around 20 years. Norton Rose moved Miller out to Dubai from London in 2009 in a bid to strengthen its Middle East practice. He previously headed Norton Rose’s Bahrain office from 1997 to 2000.
According to Neil Miller - Global Head of Islamic Finance at KPMG - despite the global financial crisis, Islamic banking has demonstrated rapid development and lossless operation reaching an average growth rate of 10%. He further adds that the most significant development is observed in Malaysia. Azerbaijan should learn from Malaysia as well as from Kazakhstan. Azerbaijan should first take care of the lack of legislation in the area of Islamic finance in order to work on development in the spheres of Islamic banking and Islamic insurance.
Neil Miller is the new global head of Islamic finance. He was hired by KPMG.
It seems that Miller is a specialist in Islamic finance since he moved to Bahrain in 1995. In a statement Miller said that the fact that KPMG’s global reach, vast client relationships and deep industry insights will provide him with an opportunity to identify services and products tailored to the Islamic Finance Industry added with the commitment of the senior partners in the firm to the development of Islamic finance helped him decide to join KPMG.