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Our Services

Formation of Trust & Foundation

  • Foundation
    • A foundation is an independent entity which consists
      the characteristics of both Company and Trust.
      • Flexible
      • Perpetual
      • Re-domicile

Financial & Wealth Management

  • Assist High Net worth Individuals in utilizing the right conduit in consolidating wealth and assets by way of establishing a Foundation, Offshore Company, Special Trusts and other structures to minimize exposure to risk.
  • Consolidate the assets that is scattered globally in the form of properties company shareholdings, bank accounts and other financial instruments.

Collective Investment Schemes Services

  • Fund Holding Services
  • Escrow Services
  • Project Finance Services

Crowdfunding Real Estate
Investment services

  • We work with real estate companies and agents to identify land and potential development projects with potentially good returns.
  • We also provide for additional protection for investors by channelling funds through a trustee for the collective investments, i.e. funds are held in escrow until target fund raising is met. Payments from the developers are also made to trustees to disperse.
  • We provide a proper legal structure and Shariah compliant method of project financing, either through the Mudharabah or an Istisna contract. Depending on the scale, more complex structures can also be used, such as the Commodity Murabahah or the Musyarakah Mutanaqisah. .

Family Business Wealth Solutions

  • Consolidation of assets
  • Management of lifestyle assets such as yachts, planes and art
  • Succession planning that minimizes business continuity costs
  • Discussing, facilitating and executing compliant international taxation planning with your tax and legal advisors
  • Estate planning for future generations
  • Portfolio performance monitoring through regular review and reporting
  • Philanthropy by facilitating the ability to donate money or goods to support a charitable cause
  • Risk management by limiting personal liability and taking advantage of favourable legislative regimes in various jurisdictions

Charitable Endowments using the
foundation for Waqfs

  • The endowment of the property into private waqf foundation is executed by way of waqf as defined by Shariah.
  • The private waqf foundation shall act as the Trustee (Nazir or Mutawalli) of the waqf. The waqf foundation shall have a clearly executed legal transfer of ownership of the property from the founder (waqif) to the waqf foundation.
  • The waqf property is preserved by the private waqf foundation while only the income or usufruct of that property is to be distributed to the beneficiaries.
  • The aims, operations and management of a private waqf shall be in compliance with Shariah principles including Shariah principles on waqf.
  • Any property endowed to private waqf foundation by way of waqf is owned legally and beneficially by the waqf foundation and is to be utilized solely for the purposes and objects stated in the charter (waqfiyyah) of the waqf foundation.
  • The duration of the private waqf foundation can be perpetual or for a specified period of time.

Differences between Trust, Foundation &
Incorporated Company

Trust

  • Settlor
  • Letter of Wishes
  • Trustee
  • Trust Deed
  • Trust Officer
  • Distribution/Beneficiaries
Foundation

  • Founder
  • Letter of Wishes
  • Reserve Rights
  • Council
  • Charter & Articles
  • Officer
  • Distribution/Beneficiaries
Company

  • Share subscribers
  • Memorandum
  • Board of Directors
  • Articles of Association
  • Management
  • Dividend/Shareholders

Types of Offshore Foundation

Private
Foundation
Charitable
Foundation
Corporate
Foundation

Formation of Trust & Foundation

Estate Planning Tools
Differences
Type
Will
A legal document
Trust
An arrangement between settlor and trustee
Foundation
A legal entity
ASSET PROTECTION
Reserved rights

Appeal by creditors?

Confidentiality

N/A

No creditor proof

No confidentiality

Transferred assets managed by Trustee

Claw back period of 5 years

Confidential

Founder/s reserve/s rights to manage assets

Claw back period of 2 years

Confidential

ASSET MANAGEMENT
Capital Transfer

Distribution

Global assets transfer

Probate required

Net of liabilities

N/A

Probate NOT required

Based on the trust deed

Hassle Free of transfer

Probate NOT required

Based on the charter & articles

Hassle Free of transfer

RETAINING COST & TAX BENEFITS
Reserved rights

Appeal by creditors

Confidentiality

N/A

No creditor proof

No confidentiality

Transferred assets managed by Trustee

Claw back period of 5 years

Confidential

Founder/s reserve/s rights to manage assets

Claw back period of 2 years

Confidential

Structure of a Labuan Foundation

Founder

  • Founder endow his assets to the foundation

Council

  • Appointed council members to oversee and manage the foundation assets according to the regulations as stated in the constituent documents

Officer

  • Administration of the foundation is run by independent party

Secretary

  • Labuan Trust Company

Foundation can solve “3-in-1” problems