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Section 110

Assets

of Labuan Islamic Financial Services and Securities Act 2010

ActIn forceProvision 110 of 161
Section 110

The officers of a Labuan Islamic foundation shall ensure that the assets of the Labuan Islamic foundation 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.