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Sharia economy is also known as Islamic economics. 
The definition of economy itself is all activities in the form of production, distribution, and consumption activities for goods or services.

Sharia economics is a science that provides an understanding of economic issues whose core discussion is in Islamic values.

However, according to experts, the definition of sharia economy is as follows:

1. M.A. Mannan a Bangladeshi politician and the Minister of Planning of Bangladesh)

Sharia Economics according to M.A Mannan is a social science that studies people's economic problems inspired by Islamic values.

2. Muhammad Abdullah Al-Arabi (1980)

Sharia economy according to Muhammad Abdullah Al-Arabi is a collection of the general basics of economics that we infer from the Qur'an and As-Sunnah, and is the economic building that we establish on the foundation of these basics according to each environment and time.

3. Wikipedia

Sharia economics according to Wikipedia is a social science that studies the economic problems of the people inspired by Islamic values.

4. Yusuf Qardhawi ( an Egyptian Islamic cleric and chairman of the International Union of Muslim Clerics )

Sharia economy according to Yusuf Qardhawi is an economy based on divinity.

5. Monzer Kahf ( a Syrian American professor of Islamic economics and finance )

Islamic Economics according to Monzer Kahf in his book "The Islamic Economy" is a part of economics that is interdisciplinary in the sense that islamic economic studies cannot stand alone, but it needs a good and deep mastery of sharia sciences and supporting sciences as well as for sciences that function as tools of analysis such as mathematics, statistics, logic and ushul fiqih.

6. Umer Chapra ,Pakistani-Saudi economist 

Islamic economics according to Umer Chapra is a branch of science that helps humans in realizing prosperity through the allocation and distribution of various scarce resources in accordance with the goals set by sharia (al-iqtisad al-sharia) without excessively curbing individual freedom, creating macroeconomic and ecological imbalances, or weakening family and social solidarity and moral ties established in society.

7. Louis Cantori ( emeritus professor of political science at the University of Mary land Baltimore County, died on May 12, 2008 )

Islamic economics is an attempt to formulate a human-oriented and community-oriented economic science that rejects the excesses of individualism in classical economics

8. S. M. Hasanuzzaman the Economic Functions of the Early Islamic State )

Islamic economics is the knowledge and application of teachings and rules that prevent injustice in the search and expenditure of resources, in order to provide satisfaction for people and enable them to carry out their obligations towards Allah and society.

19. Khursid Ahmad

Islamic economics is a systematic effort to try to understand economic problems and human behavior in relation to these problems from an Islamic point of view.

10. Veithzal Rivai and Andi Buchari

Islamic economics is a multidimensional or interdisciplinary, comprehensive and integrated science, covering Islamic science derived from the Qur'an and Sunnah as well as rational sciences. With this knowledge, humans can overcome limited resources to achieve happiness.

11. M. Akram Khan

Islamic economics is a science that studies human welfare (falah) achieved by organizing the resources of the earth on the basis of cooperation and participation

12. M. M. Metwally

Islamic economics is a science that studies the behavior of Muslims (believers) in an Islamic society that follows the Qur'an, Hadith, Ijma and Qiyas.

13. M.Syauqi Al-Faujani

Sharia economy is all economic activity and its rules that are based on the main islamic teachings on economics.


Shari'a economy is an economic order /ordinance in daily life that is in accordance with the rules and regulations of the Islamic religion. Which contains the values of islamic legislation and laws.