Islamic Development Bank (IsDB) Institute and Labuan Financial Services Authority Sign Memorandum of Understanding (MoU) to Explore Awqaf Free Zones Concept Implementation
BAKU, Azerbaijan, June 16, 2026/APO Group/ — The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) and Labuan Financial Services Authority of Malaysia (Labuan FSA) signed a Memorandum of Understanding (MoU) to explore collaboration on the potential implementation of the Awqaf Free Zones concept within the Labuan International Business and Financial Centre (Labuan IBFC). Dr. Sami Al-Suwailem,…
