As a wholly owned subsidiary of Bank Islam Malaysia Berhad, Bank Islam Trust Company (Labuan) Ltd (“BTL”) is the first and the only Trust Company that offers Shariah-related products especially the wealth management product of Labuan Islamic Trust and Labuan Islamic Foundation whereby the establishment of such Labuan entities are undertaken expressly with a view that its aims and operations shall be in compliance with Shariah Principles.
Incorporated on 20 November 2003, BTL is a Labuan company incorporated under the Labuan Companies Act 1990 and registered as a Trust Company under the Labuan Financial Services and Securities Act 2010.
The principal activity of the company is to carry on business as a Trust Company in Labuan International Business Financial Centre (Labuan IBFC) that offers various services including but not limited to formation and registration of Labuan entities including foreign company, corporate secretarial, provision of registered office, accounting services, corporate tax return, resident director, nominee shareholder, trustee & custodian services, Employment Pass, re-domiciliation exercise and advisory services for licensing applications including Islamic Banking, Islamic Trust and Islamic Foundation including Labuan International WAQF Foundation.