The Bank of England says that it is looking at ways to throw open its cash facilities to Islamic finance industry, a move that would make it the first of the world's major central banks to offer such a service.

ANBOUND’s research team is of the view that the China-proposed "Belt and Road" strategy is inclusive of the world’s major Islamic finance center of which the sharia-compliant assets account for up to a quarter of the bank’s total assets.

China ought to draw lesson from the United Kingdom and other overseas economies, there should be serious study on how to develop Islamic finance in China and make the necessary planning, prepare the talent pool and create a market environment.