Labuan Islamic Financial Services and Securities Act 2010 · Updated to 15 Oct 2022 · Part VIII · Labuan Islamic Trusts
105. Establishment of Labuan Islamic trusts
Feedback & support(1)
A Labuan Islamic trust shall be a trust established under this section and in accordance with the requirements set out in the Labuan Trusts Act 1996 [Act 554], whereby the establishment of such trust is undertaken expressly with a view that its aims and operations shall be in compliance with Syariah principles.
(2)
Unless otherwise provided, the provisions of the Labuan
Trusts Act 1996 shall apply to any Labuan Islamic trust.