WHAT WE DO
SitiTRUST is a trust company that functions as a custodian and trustee for customer assets, this includes movable and immovable properties, cash in bank accounts, stocks and shares.
SitiTRUST’s expertise includes advisory services on shariah-compliant products and services, having been involved among others, in work on Waqf and the establishment and operation of shariah-compliant investment fund across three jurisdictions namely, Geneva, Hong Kong and Labuan.
Through its legal associates, Siti & Co., SitiTRUST’ has also prepared legal documents on various types of shariah-compliant financing, such as Al-Bai Bithaman Ajil, Al-Istisna’, Qardhul Hassan, Al-Murabahah and Al-Kafalah.
SitiTRUST provides for the creation and administration of trusts. It is normally beneficial to hold the ownership of assets via a Labuan company and the assets may be located worldwide, subject to local restrictions.
Incorporation or registration of Labuan offshore companies
Provision of registered office and secretarial services
(including Digital Assets)
The application for offshore business licenses for leasing, banking, insurance, foundations, and all other activities as allowed under the Labuan Legislations
Registration of ships with the Malaysian International Ship Registry
Establishment of mutual fund and fund management companies
Provision of administration and accounting services
Establishment of charitable trusts / foundations (both conventional and Islamic)
Besides the aforementioned services, SitiTRUST also provides agency and escrow services needed to support its fund management and administration services, including but not limited to those of registrar, issuing and transfer agent, paying agent, calculation agent and exchange rate agent.
The Company has also developed relationships with global custodians and sub-custodians worldwide to outsource some of the following services :