KPMG has formed a new global Islamic finance leadership team to support the continued growth and development of its international Islamic finance practice.

The team will comprise of senior Islamic finance practitioners from across KPMG’s global network of member firms and will be led by Samer Hijazi in the UK.

Additionally the new team will comprise of Muhammad Tariq in the UAE and Oman, Mahesh Balasubramanian in Bahrain, Kashif Jahangiri in Saudi Arabia and Kuwait, Ahmad Nasri Abdul Wahab in Malaysia, Ahmed Jaffer in South Africa and Omar Mahmood in Qatar.

KPMG said that the new leadership team will drive its market activity and ensure that the increasing global needs of clients in the Islamic finance industry are met.

Jeremy Anderson, global head of financial services at KPMG, said: "This leadership team will leverage KPMG’s insights and expertise in Islamic finance to give our clients access to an outstanding depth and breadth of knowledge wherever in the world they need it."

Samer Hijazi said: "As Islamic finance continues to grow at a faster rate than traditional banking around the world, it is a very exciting time to be working in this sector as many mainstream financial institutions look to enter this market."