Labuan International Financial Exchange (LFX)
Labuan, Malaysia, was designated as an international financial centre in 1990. As part of its development, an international financial exchange, LFX, was launched on 23 November 2000.
Financial Instruments
- LFX's liberal rules and regulations facilitate the listing of a multitude of financial instruments on the Exchange.
- Instruments will include but not limited to equities, investment funds, debt instruments and insurance related instruments.
- These instruments can be based on either conventional or Islamic principles.
- Financial instruments based on Islamic principles will require endorsement by the Syariah Council of their country of origin or from any internationally accepted Syariah Council.
- Financial instruments regardless of its nature may be denominated in any currency except for Malaysian Ringgit.