The Hamdan Bin Mohammed Smart University (HBMSU) has hosted a roundtable on the ‘Belt & Road Initiative’ and Islamic Finance Executive Strategy to promote economic cooperation between China and the UAE in the non-oil commercial and production sectors.
by Nabilah Annuar
CPI FINANCIAL - Monday 21, August 2017
Held under the theme ‘Sukuk and Economic Development: Opportunities and Challenges,’ the roundtable provided an international platform for exploring bilateral cooperation in the fields of trade, education, scientific research, and knowledge exchange under the Belt and Road Initiative. Discussions also centred on the challenges and opportunities in promoting Islamic financial instruments in China with a focus on Islamic Sukuk. The impact of Dubai’s emergence as the largest Islamic Sukuk hub in the world on Chinese companies was tackled as well. The event was held with the support of the Dubai Islamic Economy Development Centre and provided an opportunity to capitalise on the leading experiences of the UAE in Islamic finance to support China’s ambitious initiative of connecting the economies and trade activities of more than 60 countries. The meeting was jointly organised by HBMSU’s Dubai centre for Islamic Banking and Finance, the National Development and Reform Commission of the People's Republic of China (NDRC), the China Islamic Finance Club, and ZhiShang Inter-Culture Communication. Held under the theme ‘Sukuk and Economic Development: Opportunities and Challenges,’ the roundtable provided an international platform for exploring bilateral cooperation in the fields of trade, education, scientific research, and knowledge exchange under the Belt and Road Initiative. Discussions also centred on the challenges and opportunities in promoting Islamic financial instruments in China with a focus on Islamic Sukuk. The impact of Dubai’s emergence as the largest Islamic Sukuk hub in the world on Chinese companies was tackled as well.
READ MORE....
