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The welcome address by Nik Mohamed Din Nik Musa, Director
General, Labuan Financial Services Authority, at the pre-Global
Islamic Finance Forum titled 'Unveiling Labuan as Asia's
Islamic Digital Asset Centres (IDAC) - Pioneering A New Asset
Class'.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
In the ever-evolving landscape of business transactions, partnerships, and collaborations, uncertainty and unexpected challenges can arise at any moment.
Owing to the mushrooming of passive funds in the past decade coupled with concerns regarding conflict of interest and governance of indices and the fact that market indices are often seen as the barometer of economic growth, it is prudent to govern index providers.
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