This article aims to analyze the sharia economic thinking of KH. Ma'ruf Amin and constructed a conceptual framework for how these ideas form a cycle of institutional formalization. This research is a library research with a descriptive-analytical qualitative approach, examining primary data in the form of scientific speeches, writings, and fatwas initiated by KH. Ma'ruf Amin, as well as secondary data in the form of national journal articles published in the last ten years (2016-2026). The results of the study show that the sharia economic thinking of KH. Ma'ruf Amin is based on three main principles, namely justice, community, and economic independence, which are realized through five institutional agendas: strengthening the authority of DSN-MUI fatwa, updating sharia economic law (tajdid al-ahkam), accommodation of fatwas into regulations, supervision of the implementation of fatwas, and dispute resolution. The novelty of this article lies in the offer of a framework of "institutional formalization cycles", which suggests that the five agendas are not separate lists, but rather a single continuous feedback chain linking religious authorities, states, and markets in a single system of sharia economic governance. This article recommends strengthening the verdict database and field supervision as feedback for the next fatwa update
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