Legislation

Recent enactment of 8 new Acts brings with it positive changes in the way the jurisdiction operates whilst greatly enhancing its product and services offering. To better understand the implications of this legislative refresh, please download the Acts via the links below: Amended Acts Labuan Financial Services Authority Act 1996 Labuan Business Activity Tax Act 1990 Labuan Companies Act 1990 Labuan Trusts Act 1996 New Acts Labuan Financial Services And Securities Act 2010.. Read More

As the financial world churns with turbulence

As the financial world churns with turbulence, Islamic financial services are increasingly being regarded as a viable alternative to conventional finance. Indeed, these products are gaining popularity among both Muslims and non-Muslims. Islamic finance advocates real asset financing and investment, which departs from money lending and highly speculative financial activities. Importantly, Islamic finance detaches itself from the conventional interest-based pricing mechanism. The specific benefits of conducting Islamic finance activities in Labuan are many,.. Read More