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Jordan Journal of Islamic Studies

Jordan Journal of Islamic Studies

Abstract

This research aims to manifest the concept and importance of the partnership between private and public sectors, from the side of arranging the measures that is conducted by the private sector to provide norms related to the infrastructure to the projects which the government used to introduce it. Also it explains the alternatives and kinds of partnership between private and public sectors, since there are many kinds to the concept of partnership between private and public sectors like building, operation, service, and other contracts. This research focuses on the role of some investment financial institutions which take side from the public sector and with a side from the private sector. It is considered public sector from its supervisory role of the government, and private sector for its investment and financing the projects, and holding its own financial burden from its incomes and not from the state's treasury. The role of this institution is represented by conducting the function of the private sector from the side of financing the infrastructure projects that the government cannot finance it. Here, the importance of this partnership arises, since its importance to the public sector through decreasing the burdens in the budget that need a direct implementing from the state by dividing it throughout long years. And explain its importance to the fund by invest its assets for long periods and sufficient assurance. This research treats the issue of Jurisprudential adaptation for this case, the existence of more than one contract on it, its importance from the economic side, its implementing mechanism from the scientific side.

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