Research On The Legal Issues Of Financial Cooperation Between China And Islamic Countries

Capital financing is an important support for the " the Belt and Road " strategy.As the strategy continues to advance,Islam finance is becoming more and more concerned both domestic and overseas.This dissertation is composed of the introduction and four parts.The introduction briefly describes the purpose and significance of studying financial cooperation between China and Islamic countries.rounds up and combs the research status quo the domestic and foreign scholars have accumulated around this theme,and makes brief comments on it.The first part of the paper author of this article is limited to the object of the Islamic countries in " the Belt and Road " region.It mainly introduces the three main characteristics of Islamic finance,the first is that interest is not allowed in Islamic finance,the second is the scope of investment restrictions on Islamic finance,and the third is the Islamic Financial Services Committee to review and supervise financial services.This part focuses on the four basic operating modes of Islamic finance and its legal relationship,which provides the basis for analyzing the conflict between Islamic financial transaction structure and China's financial legal system.The content of this part is the logical starting point of this article.The second part chooses Malaysia,Pakistan,Britain and Hong Kong to analyze the practice of financial cooperation between Islamic countries and Islamic countries and other countries or regions,and sums up the experience of several regulatory models and related system adjustment.The third part and the fourth part are the main contents of this paper.The third part introduces the multidimensional cooperation between China and the Islamic countries at the national and social levels,and then combined with the unique mode of operation of Islamic finance,Thus,the author concludes that the main legal barriers to cooperation are the policy restrictions resulting from religious identity and the conflict with the Chinese financial-related legal system in operation,and the differences in financial maturity between Islamic countries found through data analysis.The main part of the fourth part is to put forward specific suggestions to solve the problem:First.For the uniqueness of Islamic finance,the system should make the appropriate arrangements.Second,we should help countries develop their own financial markets under the premise of respecting national financial sovereignty.Finally,we should use the established financial cooperation legal mechanism to strengthen cooperation in the bond market and strengthening cooperation in financial supervision.