Financing Build, Operate and Transfer (BOT) Projects: The Case of Islamic Instruments

@inproceedings{Khan2002FinancingBO,
  title={Financing Build, Operate and Transfer (BOT) Projects: The Case of Islamic Instruments},
  author={Tariqullah Khan},
  year={2002}
}
Several member countries of the Islamic Development Bank have embarked upon a program of developing and maintaining infrastructure projects by the private sector in the framework of build operate and transfer (BOT) mechanism and its various variants. The present paper reviews these experiences and the peculiar risks associated with investments in these projects as compared to the risks of traditional manufacturing sector and offers a framework for Islamic instruments to finance BOT projects.