Section 106
Assets of Labuan Islamic trusts
of Labuan Islamic Financial Services and Securities Act 2010
ActIn forceProvision 106 of 161
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.