As noted in Al-Quran 51...

As noted in Al-Quran 51:56 , narrated by Zaidi (2005) that God has created Jinns and mankind only for serving God. Further it is stated in Al-Quran 67:2 that God created death and life so that The He may test which of you is best in deeds. Also Jaffar Hussain (2004) quoted the will of Ali ibn-e-abi Talib (A.S) to his son Hussain ibn-e-Ali (A.S) in Nahejul Balagha; that remember!

You are born for the life after death, and not for the world, you are created to be mortal and not for immortality, you are created to be died and not for life, and you are in such a state which has nothing as right, but it's a place which is to provide for the luggage of life after death and this state is a pass for that (life after death).

Zaidi (2005, pp 88-89) stated that God created mankind as a distinguished species, provided them guidance , and then after granting them freedom of action , put then on trial through their worldly lives. Further in Al-Quran 48:28 it is stated that the true religion (Islam) will prevail over all other religions.

That would be through Imam Mahdi (A.S) and would cover the entire world and by that time there would be love, peace, security and prosperity, which previously would be hate, tyranny and hunger. That is only possible if the core concept of human well being and happiness is understood through the divine revelations and then certain institutional and policy parameters are identified for both micro and macro prescriptions.

Economics as a behavioral science is not confound only to the study of conventional economic causes now, rather a broad range of interdisciplinary causes can lead to economic behavioral outcomes. Neoclassical economic school of thought purports rational choice, selfish behavior and utility maximizing approach for economic agents. Empirically and theologically this might be a restrictive set of assumptions.

As Zaidi(2005) notes that there is a clear separation of ethics from economics and there is an obsession of making economics a more positive science to such extremes where human considerations are devoid.

Economics as a subject is a description of Human behavior, for a particular scope, where the human is an economic agent with certain scenarios and objectives, thus using frame work such as utility, which is not based on material content, rather it is based on subjective content; the agent's behavior is thus described by establishing money metric utility functions and opportunity cost of time in money equivalent terms.