1 Labuan IBFC Incorporated Sdn Bhd, Kuala Lumpur, Malaysia
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Transcript of 1 Labuan IBFC Incorporated Sdn Bhd, Kuala Lumpur, Malaysia
L A B U A N I S L A M I C T R U S T S L A B U A N I S L A M I C T R U S T S
3 2
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
L A B U A N I S L A M I C T R U S T S L A B U A N I S L A M I C T R U S T S
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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
L A B U A N I S L A M I C T R U S T S L A B U A N I S L A M I C T R U S T S
L A B U A N I S L A M I C T R U S T S L A B U A N I S L A M I C T R U S T S
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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.
L A B U A N I S L A M I C T R U S T S L A B U A N I S L A M I C T R U S T S
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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.
L A B U A N I S L A M I C T R U S T S L A B U A N I S L A M I C T R U S T S
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WHY LABUAN ISLAMIC TRUSTS ?
L A B U A N I S L A M I C T R U S T S L A B U A N I S L A M I C T R U S T S
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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.
L A B U A N I S L A M I C T R U S T S L A B U A N I S L A M I C T R U S T S
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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.
L A B U A N I S L A M I C T R U S T S L A B U A N I S L A M I C T R U S T S
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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.
L A B U A N I S L A M I C T R U S T S L A B U A N I S L A M I C T R U S T S
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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.
L A B U A N I S L A M I C T R U S T S L A B U A N I S L A M I C T R U S T S
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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
ALPADIS Trust (Labuan) Ltd. U0065, 3rd Floor, Jalan OKK Awang Besar 87007 Labuan, Malaysia Tel: +6087 595700
Amanah Raya (Labuan) Limited Lot 2(a), Level 4, Wisma Lazenda Jalan Kemajuan, P.O. Box 81479 87000 Labuan, Malaysia Tel: +6087 421663
AMS Trust Company Limited Unit Level 11(A), Main Office TowerFinancial Park Labuan, Jalan Merdeka 87000 Labuan, Malaysia Tel: +6087 451799
Asiatrust Limited Tiara Labuan, Jalan Tanjung Batu 87007 Labuan, Malaysia Tel: +6087 416518
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
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
CIMB Trust Limited Level 14A, Main Office Tower Financial Park Complex Jalan Merdeka, 87000 Labuan, Malaysia Tel: +6087 414252
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
Ernst & Young Trust Ltd. Lot 1,1st Floor Wisma Siamloh, Jalan Kemajuan 87007 Labuan, Malaysia Tel: +6087 413524
Hans Advisory & Trust Co Ltd. Lot A020, Level 1, Podium Level Financial Park Labuan Jalan Merdeka, 87000 Labuan, Malaysia Tel: +6087 427745
Integrated Agents Trust Ltd. Lot 1, 2nd Floor, Wisma Siamloh Jalan Kemajuan 87007 Labuan, Malaysia Tel: +6087 417810
IFS Trust Labuan Limited Unit 3( I ), Main Office Tower Financial Park Labuan Jalan Merdeka, 87000 Labuan, Malaysia Tel: +087 427408
ITMC Fiduciary Limited Tiara Labuan, Jalan Tanjung Batu 87007 Labuan, Malaysia Tel: +6087 416518
Kensington Trust Labuan Limited Kengsington Gardens, No. U1317,Lot 7616, Jalan Jumidar Buyong87000 Labuan F.T.Tel: +6087 411929
KPMG Labuan Trust Company Limited 2nd Floor, Wisma Kishan Singh No. U02290, Jalan Kemajuan 87007 Labuan, Malaysia Tel: +6087 415467
Labuan Borneo Trustees Limited U0065, 2nd Floor Jalan OKK Awang Besar 87007 Labuan, Malaysia Tel: +6087 417577
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
Law & Commerce Trust Limited 2nd Floor, Lot 19, Lazenda Commercial Centre Phase 3, 87007 Labuan, Malaysia Tel: +6087 421644
LABUAN IBFC TRUST COMPANIES
L A B U A N I S L A M I C T R U S T S
36
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
Noblehouse International Trust Ltd. Level 1, Lot 7, Block F Saguking Commercial Building Jalan Patau-Patau, 87000 Labuan, Malaysia Tel: +6087 410745
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
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
RHB International Trust (L) Ltd. Level 15(B), Main Office Tower Financial Park Complex Jalan Merdeka, 87000 Labuan, Malaysia Tel: +6087 417480
Sedgley Management Services Ltd. Lot 2(a), Level 4 Wisma Lazenda, Jalan Kemajuan P.O. Box 81840, 87000 Labuan, Malaysia Tel: +6087 421663
Shearn Skinner Trust Company Ltd. Lot 2 & 3, Wisma Lazenda Jalan Kemajuan, P. O. Box 81479 87024 Labuan, Malaysia Tel: +6087 414073
Signature Trust Ltd. IR8/30, 1st Floor Court Light Industrial Park, Jalan Pohon Batu 87000 Labuan, Malaysia Tel: +6087 461259
SITITRUST & Administrator Limited Lot 2(a), Level 4 Wisma Lazenda, Jalan Kemajuan P.O. Box 81840, 87000 Labuan, Malaysia Tel: +6087 421663
TMF Trust Labuan Limited Brumby Centre Lot 42, Jalan Muhibbah 87000 Labuan, Malaysia Tel: +6087 593828
Tricor Trustco (Labuan) Ltd. Level 15(A2), Main Office Tower Financial Park Labuan Jalan Merdeka, 87000 Labuan, Malaysia Tel: +6087 453288
Trust Labuan Tax Inc. Unit B, Lot 49, 1st Floor, Block F Lazenda Warehouse 3 Jalan Ranca Ranca, 87000 Labuan, Malaysia Tel: +6087 419100
VISTRA Trust (Labuan) Limited (F.K.A. CREDENCE TRUST (LABUAN) LIMITED)
Tiara Labuan, Jalan Tanjung Batu 87000 Labuan, Malaysia Tel: +6087 583688
Weld Asia Trust (Labuan) Ltd. 3rd Floor, Lot 20 Jalan Bunga Mawar87000 Labuan, MalaysiaTel: +6087 411132
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
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
LABUAN IBFC TRUST COMPANIES