A number of Islamic financial activities are being developed to position Labuan as the regional Islamic financial centre in the Asia-Pacific region.
Labuan Offshore Financial Services Authority (Lofsa) chairman Tan Sri Dr Zeti Akhtar Aziz said that as part of the strategic focus to develop Labuan as an IOFC (International Offshore Financial Centre), an important area of focus had been the development of the Labuan Islamic capital market.
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