Bank Islam Trust

News & Insights

Recognition earned, relationships built.

A record of the awards we have received and the international forums, masterclasses and business missions where Bank Islam Trust Ltd. has represented Labuan IBFC.

Highlights

Awards & Events

Every milestone below is presented with its official photographs and full event summary.

Joint Global Business Conference 2025
Event

Joint Global Business Conference 2025

14 – 16 July 2025
Sunway Resort Hotel, Malaysia

Bank Islam Trust Ltd. was honoured to play a key role at the Joint Global Business Conference 2025, held from 14 to 16 July at Sunway Resort Hotel and organised by the Malaysian Law Institution.

More than just a date on the calendar, the conference served as a valuable platform for high-level discourse, cross-sector collaboration and forward-thinking engagement. Bank Islam Trust Ltd. (BTL) and Bank Islam Labuan Offshore Branch (BILOB) participated as Bank Islam Labuan Offshore Business, in collaboration with Labuan IBFC Inc., to strengthen the connection between Labuan's offshore offerings and the legal, financial and trust sectors at both national and international levels. The conference was further elevated by the presence of esteemed members of the World Independent Lawyers League (WILL) from around the world.

At the centre of the participation was the Director, Puan Masdayana Md Setamam, who delivered an impactful session on "The Role of Labuan Foundation in Wealth & Estate Management", addressing legacy planning, asset protection, intergenerational wealth transfer and the strategic application of Labuan structures in long-term wealth preservation.

A dedicated booth offered attendees the opportunity to engage directly, gain insights into Labuan structures and explore tailored solutions. Puan Masdayana was also featured in media interviews with New Straits Times and Berita Harian, sharing perspectives on the growing importance of Labuan structures and inclusive, Shariah-aligned estate planning solutions.

The conference reinforced Labuan Offshore Business's role as a thought leader and underscored Labuan IBFC's positioning as a dynamic international business and financial centre equipped to support the evolving needs of high-net-worth individuals and families across borders.

Gallery

Photo gallery — Joint Global Business Conference 2025
Masterclass in Dubai 2025
Event

Masterclass in Dubai 2025

25 February 2025
Sheraton Creek Hotel & Towers, Dubai

The Dubai Masterclass with Bank Islam Trust Ltd., held on 25 February 2025 at the Sheraton Creek Dubai Hotel and Towers, convened high-profile investors, business leaders and financial professionals for in-depth discussions on wealth management, tax frameworks, investment opportunities and the strategic advantages of Labuan IBFC.

A key highlight was the keynote address by Masdayana Md Setamam, Director of Labuan Offshore Business, who shared perspectives on offshore investment strategies and the positioning of Labuan IBFC as a competitive international financial centre.

Attendees engaged in productive networking sessions, forging connections with like-minded peers and potential partners. The event's success was further elevated by the collaboration with Alliott Management Consultancy.

The masterclass showcased Bank Islam Trust Ltd.'s expertise in wealth management and succession planning, and generated promising business leads — including interest from investors, corporate representatives and the Sharjah authority — strengthening the company's presence in the Dubai financial landscape.

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Photo gallery — Masterclass in Dubai 2025
Strengthening Relationships with Labuan IBFC in Dubai
Event

Strengthening Relationships with Labuan IBFC in Dubai

2024
Fairmont Hotel, Dubai

Bank Islam Trust and Labuan IBFC jointly arranged a Masterclass at the Fairmont Hotel, Dubai, to enhance their engagement and network in the Middle East market and to explore the advantages of the Labuan jurisdiction — with a focus on Wealth Management and Legacy Preservation.

The speech and panel session allowed participants to gain insights into leveraging Labuan's unique attributes for business expansion strategies, particularly through the Islamic Digital Asset Centre (IDAC) in Labuan IBFC. Participants explored Labuan Foundation's specialised features, including business structuring with IDAC elements, and connected with industry experts during dynamic Q&A and networking sessions.

Bank Islam Trust, together with LFSA, explained the wealth management products and opportunities available within Labuan IBFC, while DR Partners from DIFC shared insights on DIFC as an offshore jurisdiction. Collaboration with the Malaysia Business Council in the UAE further supports market growth through networking and product innovation, especially in digital assets.

Overall, the Masterclass enhanced Bank Islam Trust's Middle East network and positioned it as a key player in wealth management and legacy preservation.

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Photo gallery — Strengthening Relationships with Labuan IBFC in Dubai
Labuan IBFC China Desk — Fuzhou, Quanzhou & Xiamen
Event

Labuan IBFC China Desk — Fuzhou, Quanzhou & Xiamen

22 – 24 July 2024
Fujian Province, China

Bank Islam Trust Ltd. has been a key strategic partner in the three-year Labuan IBFC China Desk project. The collaboration was highlighted during a successful three-day trip to Fuzhou, Quanzhou and Xiamen from 22 to 24 July 2024, with the company represented by Chairman Mr. Nik Azmir Nik Anis, CEO Ms. Masdayana Md Setamam and Head of Marketing and Business Strategy Ms. Nurhafizan Abdul Nasir. The project is supported by Fidelity Law Firm China, a prestigious legal firm in Fujian Province.

Throughout the trip, Bank Islam Trust Ltd. played a prominent role in the "Business Exchange Meeting: Investment of Chinese Enterprises into Malaysia and Beyond" held in each city. Ms. Masdayana Md Setamam presented a comprehensive ecosystem designed to assist Chinese businesses expanding into Malaysia through Labuan IBFC — from initial enquiries via the Labuan IBFC China Desk, to the establishment of Labuan entities, offshore accounts with BILOB, work permit applications in Labuan and referrals to Bank Islam Malaysia Berhad for domestic banking.

The events in all three cities were highly successful and were covered by prominent media outlets including Xinhua Finance, reaching an audience of approximately 330,000 readers.

In conclusion, these events fostered stronger relationships between China and Malaysia and positioned Labuan as a key hub for Chinese clients investing in Malaysia.

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Photo gallery — Labuan IBFC China Desk — Fuzhou, Quanzhou & Xiamen
Estate Planning & Wealth Succession Asia Forum 2024
Event

Estate Planning & Wealth Succession Asia Forum 2024

5 September 2024
Marriott Ocean Park Hotel, Hong Kong

Bank Islam Trust Ltd. had the honour of speaking at the Estate Planning and Wealth Succession Asia Forum 2024, held on 5 September at the Marriott Ocean Park Hotel in Hong Kong. The forum brought together leading experts, industry leaders and practitioners in estate planning and wealth management, with approximately 200 attendees.

Bank Islam Trust Ltd. showcased its role as a comprehensive solution for High Net Worth Individuals looking to explore business opportunities in Malaysia, both offshore and domestic. CEO Ms. Masdayana Md Setamam highlighted the company's capabilities, supported by the financial ecosystem of Bank Islam Labuan Offshore Branch (BILOB) and Bank Islam Malaysia Berhad (BIMB).

Key topics included estate and succession planning, cross-border wealth management and generational wealth transfer, alongside Malaysia's competitive wealth management offerings, favourable tax regimes and investment incentives for foreign retirees and investors.

The forum reinforced Bank Islam Trust's position as a premier wealth management provider dedicated to supporting HNWIs in their business expansion initiatives.

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Photo gallery — Estate Planning & Wealth Succession Asia Forum 2024
Excellent Brand Award — 21st Asia Pacific Entrepreneur Nobel Records 2024
Award

Excellent Brand Award — 21st Asia Pacific Entrepreneur Nobel Records 2024

2024
Berjaya Times Square Hotel, Kuala Lumpur

Bank Islam Trust Company (Labuan) Ltd has been honoured with the Excellent Brand Award at the 21st Asia Pacific Entrepreneur Nobel Records 2024 and Awards Ceremony, held at Berjaya Times Square Hotel in Kuala Lumpur. The ceremony showcased the company's dedication to excellence in branding and innovation, drawing prominent business and political leaders from Malaysia, China, South Korea, Cambodia, Singapore, the Solomon Islands, Vanuatu, Papua New Guinea, Hong Kong and Taiwan.

The event provided a chance to discover new market prospects and forge business connections across the Asia-Pacific region, creating a commercial platform led by Asia-Pacific entrepreneurs and leveraging innovative corporate strategies, coaching, financing, brand media and seamless cross-border integration.

The recognition enhances the company's credibility and market position, solidifying its role as a key player in the financial services industry and reaffirming its commitment to delivering high-quality financial services.

In summary, the event not only acknowledged Bank Islam Trust's contributions but also served as a platform for exploring future growth and collaboration opportunities across the Asia-Pacific region.

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Photo gallery — Excellent Brand Award — 21st Asia Pacific Entrepreneur Nobel Records 2024
Best Trust Services for Islamic Asset Management in Malaysia 2024
Award

Best Trust Services for Islamic Asset Management in Malaysia 2024

2024
Cambridge Islamic Funds Forum & Awards, Jeddah, Saudi Arabia

The Cambridge Islamic Funds Awards and Forums 2024, established by Cambridge IFA, celebrate excellence in Islamic funds, asset management and wealth management on a global scale. Bank Islam Trust has been honoured with the Best Trust Services for Islamic Asset Management in Malaysia 2024, underscoring its achievements in Shari'a-compliant investments and its role in promoting industry growth and innovation.

The forums discussed the current state, challenges and future of the Islamic funds industry with over 300 attendees from Malaysia, Saudi Arabia, Oman, Brunei, Pakistan, Egypt, Australia, the USA, Nigeria and Luxembourg — offering significant networking and business opportunities and insights into sustainable and ethical investment practices.

The award enhances Bank Islam Trust's branding and prominence in the industry. The company facilitates wealth management and investments within the BIMB Group and acts as a key facilitator for clients opening bank accounts offshore with BILOB and domestically with BIMB, ensuring seamless processes and regulatory compliance.

As Bank Islam Trust continues to leverage these opportunities, it reinforces its role as a cornerstone of trust and excellence in the Islamic finance industry.

Gallery

Photo gallery — Best Trust Services for Islamic Asset Management in Malaysia 2024