This paper introduces the concept and main ideas presented by scholars concerning social capital. Objective: This paper only intends to serve as a platform based upon which discussions about key concepts, core elements, and current debates surrounding social capital may be presented. Moreover, it should be viwed as an attempt at introducing the ways in which. Conceptualization of social capital has been carried out. Findings & Result: The main premise of social capital is the fact that social relationships of various nature should be regarded as valuable assets that can be used for material gains and other benefits. The paper also shows that social capital far from being clear, well defined or understood, has been used in so many ways leading to confusion with negative consequences. This justifies a review of various attempts at conceptualization of social capital. At the end issues such as determinants, sources, benefits and dimensions of social capital however briefly are reviewed.