Malaysia legislation
Section 6
Section 6
Any person—
(a)
proposing to make an offer of subscription or purchase, or issue an invitation to subscribe for or purchase, securities in or from within Labuan; or
Act 704
(b)
carrying on any business regulated under Parts III, IV,
VI, VII and X, which is expressly in conformity with Syariah principles shall comply with the relevant provisions of the Labuan Islamic
Financial Services and Securities Act 2010 and in so doing, shall be deemed to have complied with all relevant laws in Labuan relating to such matters.