What is the overarching strategic focus of the 2027-2031 blueprint?

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The 2027-2031 blueprint will primarily focus on strengthening Islamic finance and the digital economy.

The Labuan Financial Services Authority (Labuan FSA) is developing a new five-year strategic blueprint for the period of 2027 to 2031. This forthcoming framework, which will succeed the current 2022-2026 plan, is designed to enhance the performance of the Labuan International Business and Financial Centre (Labuan IBFC). Both bottom-up and top-down strategies are being employed in its formulation.
Enhanced Global Rankings and Fintech Capabilities

Labuan IBFC has seen a notable improvement in its global standing, moving from 55th to 60th in the Global Financial Centres Index (GFCI 39). Furthermore, its capacity for innovation in financial technology has significantly strengthened, achieving a global ranking of 37th for fintech offerings. These advancements position Labuan IBFC favourably among regional financial centres.
Translating Financial Developments into Real Economy Benefits

A key objective for Labuan FSA is to ensure that the positive momentum and developments within the financial sector translate into concrete advantages for the real economy. This involves a concerted effort to leverage the infrastructure and capabilities present within the Labuan IBFC.
Collaboration for Local Economic Growth

To achieve the goal of benefiting the real economy, Labuan FSA will be working closely with Labuan Corporation. The aim is to utilise the resources and infrastructure of the Labuan IBFC to make a meaningful contribution to the overall economic growth of Labuan itself.

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What is the overarching strategic focus of the 2027-2031 blueprint?

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