React Native - How to load local image using the uri in Image Component?

I know we can load the local image with:

<Image source={require('folder/image.png')}/>

But i need to load the image like this:

<Image source={{uri: 'folder/image.png'}}/>

It works for network images but it doesn't work for local images and even it does not give any error for local images and silently does not display the image. Can anyone tell how to load the local image using the uri property?