Abstract Based on the analytical- descriptive method, this article makes a discussion about how economic ideas of Muslim scholars influenced Scholastic schools in the Middle Ages, in the meanwhile, the purpose of this paper is also to find common grounds of thought in religions history, which helps to understand traditions and common intellectual roots, build grounds to expand cooperation, and strengthen ties between economic-religious institutions among religions. The circumstances that led to the emergence of economic reflections among Muslim scholars, and the subsequent transference of that to the Scholastic school in the West, have been explained in this article. This article, explains the connections which caused these two thoughts to get close together. Further, it elaborates on several occasions in which these two intellectual traditions contain similar views. Investigation in these instances suggests that ethics and human values were the most essential foundations of the both Islamic and Scholastic economic thought schools in the Middle Ages, and there exists a basis of closeness between Islamic and Christian economics.