5 Ringgit Labuan

Labuan, a federal territory since 1984, was designated Malaysia's international offshore financial centre in 1990 under the Labuan Offshore Financial Services Authority — a deliberate policy move to compete with Singapore and Hong Kong for regional capital. This coin is part of Malaysia's ongoing state and federal territory series, which has issued commemorative five-ringgit pieces tied to each administrative division. The colorization on brass is applied after striking, a process Bank Negara Malaysia has used increasingly on collector issues since the mid-2010s.