World's first solution incorporating the concept of
Islamic charitable endowment such as the Waqf Private Client
Foundation ensures Labuan IBFC's pole position
With its complete suite of Islamic wealth management structures
and solutions, effective regulatory standards, a Shariah
Supervisory Council (SSC) and facilitative business environment,
Labuan IBFC is well-placed to cater to the needs of the global
Islamic wealth management industry.
Solutions such as private foundations, waqf foundations, Islamic
trusts and private trust companies as well as an entire raft of
Islamic fund management vehicles definitely facilitate wealth
management needs a growing Islamic ummah.
Underpinning these innovative structures is Labuan IBFC's
comprehensive infrastructure with dedicated legislations, Shariah
governance and fiscal incentives for Shariah-compliant financial
transactions providing a facilitative and flexible framework for
industry players.
