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← Labuan Islamic Financial Services and Securities Act 2010

Labuan Islamic Financial Services and Securities Act 2010 s 106

Labuan Islamic Financial Services and Securities Act 2010 s 106

s 106 Assets of Labuan Islamic trusts

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 Shariah principles, and that the assets are managed and invested in a manner that is not in contravention of Shariah principles.

Malay text (authoritative)

Aset amanah Islam Labuan

Pemegang amanah Islam Labuan hendaklah memastikan bahawa aset amanah Islam Labuan tidak termasuk apa-apa harta yang tidak dibenarkan berdasarkan prinsip-prinsip Shariah, dan bahawa aset itu diuruskan dan dilaburkan mengikut cara yang tidak melanggar prinsip-prinsip Shariah.

Read this section in the full act → · Open Part VIII →

Find Act 705 on lom.agc.gov.my ↗

Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).

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