Development of Islamic Economic Thought has begun since Muhammad SAW was appointed as Rasulullah (messanger of God). Muhammad SAW has issued a number of policies that concerning various matters was related with social matters, in addition is legal issues (fiqh), politics (siyasah), as well as commercial or economic matters (muamalah). The economic problems of the people are part of concerning of the Prophet SAW, because economic problems are the pillars of the faith which must be observed. Furthermore, the policies of the Prophet Muhammad SAW made the guidelines by the Caliphs as their successors in deciding economic issues. Al-Qur'an and Al-Hadith used as the basis of economic theory by the caliphs are also used by his followers in organiz...