44. Foreign Islamic public fund may be managed or administered in Labuan

Terms defined in s 2

• custodian

  custodian

  Defined · s 2

  “custodian” means a person who is entrusted by an Islamic mutual fund with custody of the property of the fund pursuant to an agreement to that effect;

  Open s 2
• fund administrator

  fund administrator

  Defined · s 2

  “fund administrator” means a person who, for valuable consideration, provides an Islamic mutual fund with administrative services or facilities alone or with accounting services;

  Open s 2
• fund manager

  fund manager

  Defined · s 2

  “fund manager” means a person who, for valuable consideration, provides management services alone or with investment advice or administrative services in respect of securities for the purposes of investment, including dealing in securities or such other activity as may be specified by the Authority;

  Open s 2
• Islamic public fund

  Islamic public fund

  Defined · s 2

  “Islamic public fund” means an Islamic mutual fund other than an Islamic private fund;

  Open s 2
• Labuan

  Labuan

  Defined · s 2

  “Labuan” means the Federal Territory of Labuan;

  Open s 2