Labuan Islamic Financial Services and Securities Act 2010 · Updated to 15 Oct 2022 · Part VI · Labuan Islamic Banking
72. Offices and subsidiaries
Feedback & supportAn Islamic bank licensee which is a Labuan company may, subject to the prior written consent of the Authority or in any other case as may be permitted by the Authority from time to time, open any office other than its principal place of business in Labuan, or acquire or establish any subsidiary.
Islamic bank licensee
Defined · s 2
“Islamic bank licensee” means a Labuan Islamic bank and a Labuan Islamic investment bank;
Labuan Islamic Financial Services and Securities 89