Malaysia legislation

Section 106

of LABUAN ISLAMIC FINANCIAL SERVICES AND SECURITIES ACT 2010

Section 106

The trustee of a Labuan Islamic trust shall ensure that the assets of the Labuan Islamic trust do not include any property which is not permissible based on Syariah principles, and that the assets are managed and invested in a manner that is not in contravention of Syariah principles.

Section 106 — LABUAN ISLAMIC FINANCIAL SERVICES AND SECURITIES ACT 2010