Malaysia legislation
Section 44
of LABUAN ISLAMIC FINANCIAL SERVICES AND SECURITIES ACT 2010
Section 44
Foreign Islamic public fund may be managed or administered in Labuan
An Islamic public fund lawfully registered under the laws of any recognized country or jurisdiction need not be registered as an Islamic public fund under section 38 so long as the Islamic public fund is administered or managed in Labuan by a fund administrator, a custodian, a trustee or a fund manager, who is licensed, registered or eligible under this Part.
Labuan Islamic Financial Services and Securities 63