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← Labuan Islamic Financial Services and Securities Act 2010

Labuan Islamic Financial Services and Securities Act 2010 s 107

Labuan Islamic Financial Services and Securities Act 2010 s 107

s 107 Establishment of Labuan Islamic foundation

(1) A Labuan Islamic foundation shall be a foundation established under this section and in accordance with the Labuan Foundations Act 2010 whereby the establishment of such foundation is undertaken expressly with a view that its aims and operations shall be in compliance with Shariah principles. (2) Unless otherwise provided, the provisions of the Labuan Foundations Act 2010 shall apply to any Labuan Islamic foundation.

Malay text (authoritative)

Penubuhan yayasan Islam Labuan

(1) Suatu yayasan Islam Labuan hendaklah menjadi yayasan yang ditubuhkan di bawah seksyen ini dan mengikut Akta Yayasan Labuan 2010 yang menurutnya penubuhan yayasan itu diusahakan dengan nyata dengan tujuan bahawa matlamat dan pengoperasiannya mematuhi prinsip-prinsip Shariah. (2) Melainkan jika diperuntukkan selainnya, peruntukan Akta Yayasan Labuan 2010 hendaklah terpakai bagi mana-mana yayasan Islam Labuan.

Read this section in the full act β†’ Β· Open Part IX β†’

Find Act 705 on lom.agc.gov.my β†—

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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