1 Labuan IBFC Incorporated Sdn Bhd, Kuala Lumpur, Malaysia

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Labuan IBFC Incorporated Sdn Bhd, Kuala Lumpur, Malaysia

Transcript of 1 Labuan IBFC Incorporated Sdn Bhd, Kuala Lumpur, Malaysia

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Labuan IBFC Incorporated Sdn Bhd,

Kuala Lumpur, Malaysia

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The Islamic finance sector continues to

grow at a rapid rate, with little sign of

deceleration. The ultra high net worth

(UHNW) segment is expected to adopt

Islamic banking at a rate of 8% per year

over the next five years with a collective

wealth that is expected to grow by 9%

annually over the same period to reach

US$265 billion in Islamic UHNW assets.*

Today’s challenging global economic

environment and the growth of the

Muslim population has led to an increasing

interest in wealth management tools

that are designed to ensure family

wealth is acquired ethically, preserved

wisely, and will remain available for the

benefit of future generations. A Shariah-

compliant trust can be instrumental to

holistic Islamic estate planning.

Labuan IBFC Incorporated Sdn Bhd

would like to thank the Tuanku Mizan

Zainal Abidin Mosque management

team and Putrajaya Corporation for

their kind permission to reproduce

images of the mosque in this publication.

The building’s Islamic architecture is a

picture of refined elegance that uniquely

marries traditional cultural elements

with contemporary craftsmanship. With

its ideal location next to the breathtaking

sights of the Putrajaya Lake, it reflects

the eternal beauty, grace and spirit of

the Islamic civilisation, making it one

of the most photographed spots in

Malaysia.

INTRODUCTION ACKNOWLEDGEMENT

*Source: UHNW Islamic Banking Clients: A Growing Community, Wealth-X, 2012

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INSIDE

FAQs

LABUAN IBFC TRUST COMPANIES

ISLAMIC TRUSTS

ISLAMIC TRUSTS: THE KEY ADVANTAGES

WHY LABUAN ISLAMIC TRUSTS?

FORMATION OF A LABUAN ISLAMIC TRUST

ABOUT LABUAN IBFC

LABUAN FINANCIAL SERVICES AUTHORITY

LABUAN IBFC INCORPORATED SDN BHD

0608 1022

2829303235

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When it comes to dynastic succession, estate

management or wealth preservation, investors look for

financial structures that can help preserve their assets

while ensuring its proper management. An Islamic trust

helps provide that comfort.

An Islamic trust is a highly effective vehicle for asset

preservation, protection and income distribution, making

it one of the primary vehicles used to pass wealth from

one generation to the next, in accordance with Shariah

principles. It provides unparalleled financial control with

exceptional fiscal advantages.

Assets in an Islamic trust are held in the trustee’s name

and dealt with according to the trust deed. The trustee has

a fiduciary duty to ensure the trust assets are managed

in the best interests of the beneficiaries. Additionally, the

management and investment of assets in an Islamic trust,

as well as the assets themselves, must be in accordance

with Shariah principles.

ISLAMIC TRUSTS

An Islamic trust is an exceptional wealth management and dynasticsuccession vehicle.

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Wealthy individuals, families as well as corporations

and non-profit organisations will find trusts a

versatile solution for their varied objectives. An

Islamic trust is ideal for those who wish to assume

control over their assets and businesses in a

Shariah-compliant manner while being accorded

premium legal protection.

An Islamic trust can provide:

• Wide reserved powers to a settlor

• Protection of a trust’s assets against certain

third-party claims

• Compliance with Islamic rules, principles and

codes of practices

ISLAMIC TRUSTSThe Key Advantages

An Islamic trust is an effective vehicle for managing your wealth in accordance with Shariah principles.

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WHY LABUAN ISLAMIC TRUSTS ?

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Tax efficient, flexible and user-friendly, a Labuan

Islamic trust, if structured properly, can adhere to

Shariah principles, fulfil religious obligations and at

the same time facilitate flexible succession planning

and Shariah-compliant distributions. An ironclad

way to secure your assets, it is an unsurpassed

vehicle for wealth and estate management.

WEALTH PRESERVATION

A Labuan Islamic trust addresses family succession planning inherent under the Islamic law.

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A Labuan Islamic trust provides you with the ability

to choose and create a trust that is compatible

with your purpose. As a settlor, you have control

over how you want your trust structured, the types

of assets held, your trustees and the duration of

your trust’s life.

The law allows the settlor to:

• Add or remove trustees, beneficiaries,

protectors and advisers. The settlor also has

powers of revocation

• Vary or amend the terms of a trust

• Re-domicile the trust to another country or

jurisdiction

• Pledge trust property

A trust structured out of Labuan may be used for

all lawful purposes, be it as a family legacy or for

the management of assets and funds by individuals

or corporations. It can be set up without restriction

by individuals and corporations who are residents

and non-residents of Malaysia.

A Labuan Islamic trust can have either a fixed or

infinite lifespan. In addition, the term of the trust

may be lengthened or shortened during its lifetime.

FLEXIBILITY AND CONTROL

DURATION OF A TRUST

A structure built around your needs, a Labuan Islamic trust is flexible and nimble.

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A Labuan Islamic trust is governed by the Labuan

Islamic Financial Services and Securities Act 2010

and Labuan Trusts Act 1996 (Trusts Act). Robust

and cutting-edge, the Acts provide numerous

layers of asset protection. Some notable statutory

firewall protection measures include the following:

• The Trusts Act prevails without reference to the

laws of any other country or jurisdiction

• Appointment of protectors and their roles are

expressly recognised in the Trusts Act

• Lawful protection from certain third-party claims

PROTECTION

The protection of your privacy is our ultimate goal.

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As a reputable and recognised international

business and financial centre, we take confidentiality

very seriously. Strong confidentiality protection is

provided under the Trusts Act. Under Section 8A

of the Act, any person found to be in breach of

the secrecy provision, upon conviction, shall be

liable to a maximum fine of one million ringgit or

imprisonment for up to three years, or both.

CONFIDENTIALITY

Everything about how your Labuan Islamic trust is managed is kept under wraps, at all times.

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The trustees must ensure that the Labuan Islamic

trust is in accordance with and within the ambit of

Shariah principles, which includes:

• Appointment of a Shariah Adviser

• Investment of trust assets that is channeled to

Shariah-approved businesses or activities

• The concept of acceptance, administration and

distribution of trust assets that is in line with

Islamic principles

• The terms of the trust deed are written in a

Shariah-compliant manner

SHARIAH COMPLIANCE

A Labuan Islamic trust is internationally recognised for its exceptional record of providing Shariah-compliant wealth management and dynastic succession solutions.

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HIBAH

The transfer of assets into a Labuan Islamic trust

may be facilitated by way of hibah or hadiah as in

a gift.

SADAQAH

Sadaqah or voluntary charity is a concept that

encompasses any act of giving out of compassion,

love, friendship, religious duty or generosity.

WAQF

Waqf is the transfer of assets recognised by Islamic

law as pious, religious or charitable.

WASIYYAH

A wasiyyah or will is the instruction a person leaves

for tasks to be carried out after his or her demise.

FORMATION OF A LABUAN ISLAMIC TRUST

In Labuan International Business and Financial Centre (Labuan IBFC), the creation of an Islamic trust may be structured based on the Islamic concepts of hibah, sadaqah, waqf, wasiyyah and any other forms that are compliant with Shariah principles as advised by the appointed Shariah Adviser of the Islamic trust.

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SETTLOR

TRUSTDEED

KEY MANAGEMENT• TRUSTEE

• SHARIAH ADVISER

• PROTECTOR

• ENFORCER

LABUANISLAMICTRUST

BENEFICIARY

1

3

2

OPERATIONALMODEL

OTHER TYPES OF TRUSTS IN LABUAN IBFC

CHARITABLE TRUST

A Labuan charitable trust may be created to fulfil

a wide variety of philanthropic aims, including the

relief and eradication of poverty, advancement of

education, promotion of arts, science and religion,

protection of environment, advancement of human

rights and fundamental freedom.

PURPOSE TRUST

A Labuan purpose trust may be established to meet

a particular purpose, be it for charity or otherwise.

SPENDTHRIFT OR PROTECTIVE TRUST

A Labuan spendthrift or protective trust is

particularly attractive as its benefits, which include

additional protection against spendthrift children

and protection for the heirs from other future

unforeseen creditors, may continue into the next

generation.

SPECIAL TRUST

The Labuan special trust is ideal for a settlor who

wants to establish a trust that disengages the

trustee from management responsibility.

The above diagram illustrates the operational model of a Labuan Islamic trust.

1. A settlor transfers property or assets to a Labuan Islamic trust.

2. A trust deed sets out the parameters within which a Labuan Islamic trust should be governed and

managed. Key management consists of the workforce that runs the trust, which may include the trustee,

Shariah Adviser, protector and enforcer of the trust.

3. Income derived from the management of the property by a Labuan Islamic trust, or the property itself,

will be distributed to the named beneficiary.

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LABUAN ISLAMIC FOUNDATIONSLABUAN ISLAMIC TRUSTSTRULY ONE OF ITS KIND IN ASIA

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ABOUT LABUAN IBFC

LABUAN FINANCIAL SERVICES AUTHORITY

Labuan Financial Services Authority (Labuan FSA), a statutory body established under provisions of

the Labuan Financial Services Authority Act 1996,

is a one-stop supervisory and regulatory body for

Labuan IBFC.

Labuan FSA subscribes to international standards

and best practices in financial services and

prudential regulation. Labuan FSA’s key role is to

license and regulate licensed entities operating

within Labuan IBFC and to ensure that all such

companies remain in compliance with the internal

and international best standards adopted by the

jurisdiction.

Labuan FSA is a member of several international

organisations that promote a high level of regulatory

standard amongst international financial centres,

such as the International Islamic Financial Market

(IIFM) and the Islamic Financial Services Board

(IFSB).

Labuan FSA also appoints the members of the

Shariah Supervisory Council (SSC). The SSC,

comprising of renowned Malaysian and international

Islamic finance scholars, reviews the compatibility

of proposed financial instruments with Shariah

requirements and advises Labuan FSA on the

development of Islamic jurisprudence principles. All

rulings made by the SSC may be used as reference

in the court of law.

Labuan FSA, in close collaboration with Labuan

IBFC Incorporated Sdn Bhd, is also responsible

for product research and market development,

aimed at further developing the jurisdiction via the

introduction of new products and services.

As Asia Pacific’s preferred international business and financial centre, Labuan International Business and Financial Centre (Labuan IBFC) presents investors with an ideal balance of fiscal neutrality and certainty.

Well supported by a comprehensive, modern and internationally recognised legal framework, Labuan IBFC provides clear legal provisions and industry guidelines enforced by its regulator, Labuan Financial Services Authority (Labuan FSA).

Labuan IBFC also has a wide range of business and investment structures for cross border transactions, business dealings and wealth management needs. These unique qualities offer sound options for regional businesses going global or global businesses looking at penetrating Asia’s burgeoning markets. Labuan IBFC offers global investors and financial services providers the advantage of being in a leading international financial centre as well as access to the majority of Malaysia’s extensive network of more than 70 double-taxation treaties.

The Labuan Islamic Financial Services and Securities Act 2010 is the world’s first omnibus legislation governing all Shariah-compliant businesses in an international business and financial centre.

Labuan IBFC, located in Malaysia, lies in the heart of the Asia Pacific region, sharing a common time zone with many major Asian cities, complementing the financial centres of Hong Kong, Singapore and Shanghai.

Malaysia is a member of the ASEAN trade bloc. As such, Labuan IBFC is the ideal midshore jurisdiction for companies looking to tap into one of the fastest growing regions in the world.

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LABUAN IBFC INCORPORATED SDN BHD

Labuan IBFC Incorporated Sdn Bhd (Labuan IBFC

Inc) is the official promotion and marketing agency

for Labuan IBFC. In addition, Labuan IBFC Inc acts as

the first point of reference for investors into Labuan

IBFC.

LABUAN IBFC’S LEGISLATIVE FRAMEWORK

Labuan IBFC is governed and regulated through

eight Acts of Parliament:

• Labuan Business Activity Tax Act 1990

• Labuan Companies Act 1990

• Labuan Trusts Act 1996

• Labuan Financial Services Authority Act 1996

• Labuan Financial Services and Securities Act

2010

• Labuan Islamic Financial Services and

Securities Act 2010

• Labuan Foundations Act 2010

• Labuan Limited Partnerships and Limited

Liability Partnerships Act 2010

Copies of the Acts are available for download at

www.LIBFC.com.

In addition, Labuan FSA also issues Guidelines and

Circulars to reinforce and bolster provisions within

the Acts to ensure Labuan IBFC remains responsive

to changes in the international financial landscape.

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WHAT IS A LABUAN ISLAMIC TRUST?

A trust is a relationship in which one or more

persons hold another person’s assets or property

for the benefit of others. The basic concept of a

trust involves the person who creates the trust

(called a settlor); the person who holds the

property for those who benefit (the trustee); and

those who ultimately receive the benefits of the

trust (the beneficiary).

A Labuan Islamic trust provides an alternative

for the settlor to establish a trust in accordance

with Shariah principles. It can be set up for a

wide range of purposes using structures based

on the Islamic concepts of hibah, sadaqah,

waqf, wasiyyah and any other forms that are in

compliance with Shariah principles as advised by

the appointed Shariah Adviser of the trust.

WHO CAN SET UP A LABUAN ISLAMIC TRUST?

Any person, resident or non-resident may do so.

The settlor need not be a Muslim.

WHY DO I NEED A LABUAN ISLAMIC TRUST?

A Labuan Islamic trust allows the settlor to create

and manage the trust in a Shariah-compliant

manner. The trust may be used for a variety of

purposes, including:

• Asset protection

• Estate and succession planning

• Enhanced confidentiality

• Anti-forced heirship planning

• Asset consolidation and management

• Pooled family investment planning

• Tax planning and mitigation

WHAT ARE THE EXCEPTIONS TO TRUST

PROPERTY WHICH CAN BE HELD IN TRUST?

Where a trust property includes Malaysian

property, prior approval must be obtained from

Labuan FSA.

HOW SECURE IS A LABUAN ISLAMIC TRUST?

A Labuan Islamic trust is subject to the Labuan

Islamic Financial Services and Securities Act 2010

and the Labuan Trusts Act 1996, in accordance

with the establishment of a wide diversity of trust

structures for the management of international

and approved Malaysian property.

Trust is a form of ownership with roots in the

English common law and has been recognised

and established for centuries. The common law

for trust has many similarities with the Islamic

concept of amanah (entrustment) in terms of the

duties and obligations of the trustee towards the

trust’s assets and beneficiaries.

HOW STRINGENT IS THE DISCLOSURE OF

INFORMATION FOR A LABUAN ISLAMIC TRUST?

The confidentiality provisions restrict the

trustee, protector or any person with access to

information from disclosing any information,

unless otherwise required or provided by the law

and Act. The penalty meted out to offenders is

three (3) years imprisonment and/or one million

ringgit (RM1 million) fine.

IS A LABUAN ISLAMIC TRUST REQUIRED TO BE

REGISTERED WITH THE AUTHORITY?

No, registration of a Labuan Islamic trust is not

mandatory.

FAQs WHO ARE THE PARTIES TO A LABUAN ISLAMIC

TRUST?

SETTLOR – The person who establishes a Labuan

Islamic trust and vests property into the trust.

The settlor need not be a Muslim.

TRUSTEE – The person or entity responsible to

hold the title to the property and administer the

running of a Labuan Islamic trust, but is obligated

to act in the interest of the beneficiaries. The

trust shall have at least one trustee and one of

which shall be a Labuan trust company.

SHARIAH ADVISER – The qualified person

appointed by the trustee of a Labuan Islamic trust

to advise the trustee on the management and

operations of the trust and ensure its compliance

with Shariah principles.

BENEFICIARY – The person entitled to benefit

under a Labuan Islamic trust or designated to

exercise discretion to distribute property held in

trust. It can include any person or class of people

that the settlor chooses. The beneficiary need

not be a Muslim.

PROTECTOR – May be appointed to oversee the

operation of a Labuan Islamic trust, as well as

remove and appoint its trustee. Commonly, the

settlor appoints the settlor’s attorney or a family

member. However, the settlor or the beneficiary

may also be a protector.

WILL THE SETTLOR STILL HAVE ACCESS TO

THE PROPERTY ONCE PLACED IN A LABUAN

ISLAMIC TRUST?

Yes, the settlor has certain reserved powers after

establishing a Labuan Islamic trust and vesting

the legal title in the trust property to the trustee.

A settlor may also be a beneficiary of the trust,

provided he or she is not the sole trustee.

ARE THERE ANY RESTRICTIONS ON THE

APPOINTMENT OF A TRUSTEE?

There are no restrictions imposed on the number of

trustees, however, one (1) of the trustees must be a

Labuan trust company.

WHAT IS THE TAX PROFILE OF A LABUAN

ISLAMIC TRUST?

• Under the Labuan Business Activity Tax Act

1990 (LBATA), a Labuan Islamic trust pays 3%

tax on its audited net profits or RM20,000

(upon election) per annum, if it undertakes

any Labuan business trading activity. If it

undertakes only Labuan non-trading activity,

the tax rate is 0%.

• Any income derived from a Malaysian property

is subject to tax under the Malaysia Income

Tax Act 1967. Non-Malaysian property income

shall be subject to the LBATA.

• Distributions from a Labuan Islamic trust to

its beneficiaries are exempted from Malaysian

tax.

• Real property gains tax may apply on gains

from disposition of Malaysian real properties.

There is no other capital gains tax regime.

• Stamp duty is exempted on its constituent

documents and instruments in connection

with its Labuan business activity.

WHAT IS THE DURATION OF A LABUAN ISLAMIC

TRUST?

There is no rule against perpetuities of a Labuan

Islamic trust. The trust may continue in existence

for an unlimited period. Additional terms may be

specified in the terms to appoint a fixed duration

and thereafter the flexibility to alter, by limiting

or extending, the duration of the trust.

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CAN A FOREIGN COURT ORDER LAY CLAIM

TO THE PROPERTY HELD UNDER A LABUAN

ISLAMIC TRUST?

No, as long as a Labuan Islamic trust is validly

created, the foreign claim and/or judgment

would not be enforced.

CAN I RE-DOMICILE AN ISLAMIC TRUST FROM

ANOTHER JURISDICTION TO LABUAN IBFC?

Yes, as long as it is also authorised by the laws

of the other jurisdiction and in compliance with

Shariah principles. Similarly, a Labuan Islamic

trust may be transferred to and become a trust

under the laws of another jurisdiction.

WHAT IS THE CAPITAL REQUIREMENT FOR

ESTABLISHING A LABUAN ISLAMIC TRUST?

There is no capital requirement provided in the

Act.

WHAT IS THE APPLICABLE SHARIAH CONTRACT

FOR THE TRANSFER OF PROPERTY INTO A

LABUAN ISLAMIC TRUST BY THE SETTLOR TO

THE TRUSTEE?

The transfer of property into a Labuan Islamic

trust may be facilitated by way of hibah or hadiah.

DOES SHARIAH REQUIRE THAT THE TRANSFER

OF LEGAL OWNERSHIP BY THE SETTLOR TO

THE TRUSTEE BE DISCLOSED IN THE TRUST

DEED TO DETERMINE THE APPLICABILITY OF

FARAIDH?

In determining the applicability of faraidh in the

distribution of property, the transfer of legal

ownership must be clearly disclosed in the trust

deed.

UNDER WHAT CIRCUMSTANCES WOULD THE

REQUIREMENTS OF FARAIDH BE APPLICABLE

IN A LABUAN ISLAMIC TRUST?

Faraidh is applicable when the settlor is one of

the beneficiaries of the Labuan Islamic trust and

only relevant on the portion of the property that

the settlor is entitled to.

UNDER WHAT CONDITIONS DOES FARAIDH

BECOME INAPPLICABLE TO THE DISTRIBUTION

OF ASSETS UPON THE SETTLOR’S DEMISE?

The inheritance rights of the heirs of a demised

settlor through faraidh is non-exercisable on the

transferred assets in the Labuan Islamic trust if

the trust satisfies all the following conditions:

• The vesting has been made immediate and

irrevocable

• The vesting has been made without any

reserved powers of the settlor

• The vesting ownership of the property

through the trust instrument is absolute

Faraidh would also not apply if the settlor is one

of the trustees and the manager of the trust

property under the Labuan Islamic trust.

IS FARAIDH APPLICABLE TO CHILDREN WHO

ARE NOT MUSLIMS?

Faraidh is non-exercisable by non-Muslims.

However, a Labuan Islamic trust may incorporate

a term giving some amount to a non-Muslim

child, or even a total stranger/illegitimate child,

the way a wasiyyah (will) can include provision

for them. Principles governing the trust can be

implemented to supplement the existing Muslim’s

estate laws or faraidh.

Al-Aman Trust Services Limited Brumby Centre

Lot 42, Jalan Muhibbah 87000 Labuan, Malaysia Tel: +6087 593828

[email protected]

ALPADIS Trust (Labuan) Ltd. U0065, 3rd Floor, Jalan OKK Awang Besar 87007 Labuan, Malaysia Tel: +6087 595700

[email protected]

Amanah Raya (Labuan) Limited Lot 2(a), Level 4, Wisma Lazenda Jalan Kemajuan, P.O. Box 81479 87000 Labuan, Malaysia Tel: +6087 421663

[email protected]

AMS Trust Company Limited Unit Level 11(A), Main Office TowerFinancial Park Labuan, Jalan Merdeka 87000 Labuan, Malaysia Tel: +6087 451799

[email protected]

Asiatrust Limited Tiara Labuan, Jalan Tanjung Batu 87007 Labuan, Malaysia Tel: +6087 416518

[email protected]

Bank Islam Trust Company (Labuan) Ltd (F.K.A. BIMB Trust Limited)

Level 5 (I), Main Office Tower Financial Park Labuan Jalan Merdeka, 87000 Labuan, Malaysia Tel: +6087 451806

[email protected]

Cheng & Co Int’l Limited (F.K.A. Masterco Managed Trust Limited)

Unit Level 11(A), Main Office TowerFinancial Park Labuan, Jalan Merdeka87000 Labuan MalaysiaTel: +6087 451799

[email protected]

CIMB Trust Limited Level 14A, Main Office Tower Financial Park Complex Jalan Merdeka, 87000 Labuan, Malaysia Tel: +6087 414252

[email protected]

Corporate Services Trust Co Ltd. Unit B, Lot 49, 1st Floor, Block F Lazenda Warehouse 3 Jalan Ranca Ranca, 87000 Labuan, Malaysia Tel: +6087 419100

[email protected]

Ernst & Young Trust Ltd. Lot 1,1st Floor Wisma Siamloh, Jalan Kemajuan 87007 Labuan, Malaysia Tel: +6087 413524

[email protected]

Hans Advisory & Trust Co Ltd. Lot A020, Level 1, Podium Level Financial Park Labuan Jalan Merdeka, 87000 Labuan, Malaysia Tel: +6087 427745

[email protected]

Integrated Agents Trust Ltd. Lot 1, 2nd Floor, Wisma Siamloh Jalan Kemajuan 87007 Labuan, Malaysia Tel: +6087 417810

[email protected]

IFS Trust Labuan Limited Unit 3( I ), Main Office Tower Financial Park Labuan Jalan Merdeka, 87000 Labuan, Malaysia Tel: +087 427408

[email protected]

ITMC Fiduciary Limited Tiara Labuan, Jalan Tanjung Batu 87007 Labuan, Malaysia Tel: +6087 416518

[email protected]

Kensington Trust Labuan Limited Kengsington Gardens, No. U1317,Lot 7616, Jalan Jumidar Buyong87000 Labuan F.T.Tel: +6087 411929

[email protected]

KPMG Labuan Trust Company Limited 2nd Floor, Wisma Kishan Singh No. U02290, Jalan Kemajuan 87007 Labuan, Malaysia Tel: +6087 415467

[email protected]

Labuan Borneo Trustees Limited U0065, 2nd Floor Jalan OKK Awang Besar 87007 Labuan, Malaysia Tel: +6087 417577

[email protected]

Labuan Ins International Trust Ltd. Lot 19, Level 1, Suite A Lazenda Commercial Centre Phase 3 Jln OKK Abdullah, 87000 Labuan, Malaysia Tel: +6087 417807

[email protected]

Law & Commerce Trust Limited 2nd Floor, Lot 19, Lazenda Commercial Centre Phase 3, 87007 Labuan, Malaysia Tel: +6087 421644

[email protected]

LABUAN IBFC TRUST COMPANIES

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MAYBANK International Trust (L) Ltd. (F.K.A. MAYBAN INTERNATIONAL TRUST (L) LTD)

Level 16(B), Main Office Tower Financial Park Complex Jalan Merdeka, 87000 Labuan, Malaysia Tel: +6087 414406

[email protected]

Noblehouse International Trust Ltd. Level 1, Lot 7, Block F Saguking Commercial Building Jalan Patau-Patau, 87000 Labuan, Malaysia Tel: +6087 410745

[email protected]

OHAD Trust (Labuan) Bhd TBA TBA

PB Trust (L) Ltd. Level 8(B), Main Office Tower Financial Park Complex 87000 Labuan, Malaysia Tel: +6087 412336

[email protected]

Portcullis Trustnet (Labuan) Limited Level 6(D), Main Office Tower Financial Park Complex Jalan Merdeka, P.O. Box 80107 87011 Labuan, Malaysia Tel: +6087 439191

[email protected]

RHB International Trust (L) Ltd. Level 15(B), Main Office Tower Financial Park Complex Jalan Merdeka, 87000 Labuan, Malaysia Tel: +6087 417480

[email protected]

Sedgley Management Services Ltd. Lot 2(a), Level 4 Wisma Lazenda, Jalan Kemajuan P.O. Box 81840, 87000 Labuan, Malaysia Tel: +6087 421663

[email protected]

Shearn Skinner Trust Company Ltd. Lot 2 & 3, Wisma Lazenda Jalan Kemajuan, P. O. Box 81479 87024 Labuan, Malaysia Tel: +6087 414073

[email protected]

Signature Trust Ltd. IR8/30, 1st Floor Court Light Industrial Park, Jalan Pohon Batu 87000 Labuan, Malaysia Tel: +6087 461259

[email protected]

SITITRUST & Administrator Limited Lot 2(a), Level 4 Wisma Lazenda, Jalan Kemajuan P.O. Box 81840, 87000 Labuan, Malaysia Tel: +6087 421663

[email protected]

TMF Trust Labuan Limited Brumby Centre Lot 42, Jalan Muhibbah 87000 Labuan, Malaysia Tel: +6087 593828

[email protected]

Tricor Trustco (Labuan) Ltd. Level 15(A2), Main Office Tower Financial Park Labuan Jalan Merdeka, 87000 Labuan, Malaysia Tel: +6087 453288

[email protected]

Trust Labuan Tax Inc. Unit B, Lot 49, 1st Floor, Block F Lazenda Warehouse 3 Jalan Ranca Ranca, 87000 Labuan, Malaysia Tel: +6087 419100

[email protected]

VISTRA Trust (Labuan) Limited (F.K.A. CREDENCE TRUST (LABUAN) LIMITED)

Tiara Labuan, Jalan Tanjung Batu 87000 Labuan, Malaysia Tel: +6087 583688

[email protected]

Weld Asia Trust (Labuan) Ltd. 3rd Floor, Lot 20 Jalan Bunga Mawar87000 Labuan, MalaysiaTel: +6087 411132

[email protected]

ZICOlaw Trust Limited (F.K.A. ZI Labuan Trust Company Limited)

Unit Level 13(A), Main Office Tower Financial Park Labuan Jalan Merdeka, 87000 Labuan, Malaysia Tel: +6087 451688

[email protected]

ZRC International Trust Inc. (F.K.A. Al-Amin International Trust Inc.)

Lot No. 20, Level 1Lazenda Commercial Centre Phase 3Jalan OKK Abdullah87000 Labuan, MalaysiaTel: +6087 581022

[email protected]

LABUAN IBFC TRUST COMPANIES