This study aims to explain the relationship between the western economic views and the Islamic economics, and the main effects of both these economic concepts. It is worth pointing out that the western world had gained a lot of benefits from Muslim scientists, especially in the field of economics, but without giving up some main Islamic principles and restraints. The study summed up that there is a prior need to take into concern the Islamic Economic System on height, for which the Muslim economist has to focus more and more to fact out Islamic economic visions in resolving some core economic problems, and attaining social impartiality, proficiency and prosperity.