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With the advancement of technology the world has joined together. News from one side of the world quickly spreads to the rest of the world and sometimes it has a big impact on the rest of the world as well. Some examples of such events are Global Warming and Global Dimming, natural disasters, and man-made disasters. Ultra Fast communication makes it easy to move around as well as send goods around the world. This way the world has shrunk and joined as a Global Village and needs a Global Economic Solution to govern the global Society. Muslims already believe in a Global Family since we are all the children of Adam and Eve. Since Global Economics is a vast subject, thorough explanations are needed to fully understand it. In this article I would like highlight the fundamental points.