The Belt and Road Initiative: Challenges and Opportunities

Start date and time

Friday 5 October 2018


The Confucius Institute for Scotland, The University of Edinburgh

As a speaker for a session on Governance at the conference, Dr Marizah Minhat had delivered a talk entitled "Financing Issues in the Belt and Road Initiative in Muslim-Majority Countries".

The Belt and Road Initiative requires huge investments to help grow the real economy of the Belt and Road countries. The sources of funding have been in various forms including Chinese government-linked funding schemes and debt instruments. As the world has learned that an excessive reliance on debt financing can fuel financial crisis, Dr Minhat called for a rethinking of conventional debt financing and offered an insight into the prospect of Islamic financing in contributing to the development of BRI-linked projects particularly across Muslim-majority countries.