Labuan Financial Services Authority released the text of a special address by Malaysia’s Deputy Minister of Finance Lim Hui Ying delivered at the Labuan Annual Industry Dinner 2025, marking the 35th anniversary of the Labuan International Business and Financial Centre (Labuan IBFC). The speech highlighted Labuan IBFC’s scale and innovation track record, and noted that Labuan FSA will confer an Anniversary Commemorative Recognition Award on 36 Labuan entities for long-standing contributions. The address described Labuan IBFC as hosting nearly 800 licensed financial institutions and more than 5,000 Labuan companies from 124 countries, with a community of more than 9,000 individuals. It cited key milestones including the 2010 Labuan omnibus laws that consolidated four legislations into the Labuan Financial Services and Securities Act alongside dedicated Shariah-related legislation, the introduction of Labuan Protective Cell Companies and Labuan International Waqaf structures, and Islamic Digital Asset Centres initiatives such as the issuance of a Shariah-compliant securities token (RAMZ), tokenisation of Islamic digital assets, a Shariah-compliant Blockchain Hub Masterplan and the debut of a climate sukuk. Looking ahead, the Deputy Minister framed the centre’s path around “Connectivity, Complementarity and Collaboration” as organising pillars for its international positioning.

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