Labuan Islamic Financial Services and Securities Act 2010 · Updated to 15 Oct 2022 · Part IX · Labuan Islamic Foundation
108. Object and purpose
Feedback & support(1)
The object and purpose of a Labuan Islamic foundation shall not include any object or purpose which are not in compliance with Syariah principles.
Labuan Islamic foundation
Defined · s 2
“Labuan Islamic foundation” means a foundation established under section 107;
(2)
A Labuan Islamic foundation shall not carry out any activity which is not in compliance with Syariah principles.