Abstract
Privatization is one of the procedures used by developing countries according to therecommendations of Briton institution. The goal was to improve the public sector, but theresult was it’s elimination.The paper tries to draw a legitimate verdict concerns the selling of the public sector tothe private one. To achieve this, the paper comprises five sections. The first section tackledthe privatization concept and it’s most significant forms. The second studied theeconomical effects of the privatization, while the third introduced the social effects. Thefourth section presented a summarized description to the forms of property in Islam. Thesection also attempted to draw a legitimate verdict for privatization.
