| 15.07.2009 - Shariah-compliant captive insurance will be introduced in Labuan |
| From Investorsoffshore.com: The Labuan International Business and Financial Centre (IBFC) is developing guidelines on shariah-compliant captive insurance for completion in the next 6-9 months. Further Labuan initiatives include provision for protected cell companies and amendments to the 1996 Insurance Act to allow for marine and aviation captive insurance companies.......Full Article: Source |