"As a midshore IFC we hope to offer the best of both
worlds"
In this interview, International Investment's Pedro
Gonçalves talks with Labuan IBFC CEO Farah Jaafar-Crossby
about some of the unique solutions the financial centre offers,
particularly in the world Islamic finance, how it is attracting
fintech startups and how it is using its privileged location to act
as a conduit for entrepreneurs and investors across Asia and
beyond.
How does Labuan IBFC make use of its strategic location in the
heart of Asia to tap into what is one the fastest growing regions
in the world?
Being at the heart of Asia is ideal for an international
business and financial centre such as Labuan IBFC, due to it being
geographically close and within similar time zones with most Asian
countries. It is also easily accessible through flights. The
jurisdiction is further fuelled by robust business and tax
policies, in a currency and tax neutral as well as proportionate
regulatory