Labuan Islamic Financial Services and Securities Act 2010 s 44
Labuan Islamic Financial Services and Securities Act 2010 s 44
s 44 Foreign Islamic public fund may be managed or administered in Labuan
An Islamic public fund lawfully registered under the laws of any recognized country or jurisdiction need not be registered as an Islamic public fund under section 38 so long as the Islamic
public fund is administered or managed in Labuan by a fund administrator, a custodian, a trustee or a fund manager, who is licensed, registered or eligible under this Part.
Malay text (authoritative)
Dana awam Islam asing boleh diuruskan atau ditadbirkan di Labuan
Sesuatu dana awam Islam yang didaftarkan dengan sah di bawah undang-undang mana-mana negara atau bidang kuasa diiktiraf lain tidak perlu didaftarkan sebagai dana awam Islam di bawah seksyen 38 asalkan dana awam Islam itu ditadbirkan atau diuruskan di Labuan oleh seorang pentadbir dana, penjaga, pemegang amanah atau pengurus dana, yang dilesenkan, didaftarkan atau berkelayakan di bawah Bahagian ini.
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).