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In Islam, women have an important role in promoting economic growth of a country including their involvement in entrepreneurship. It acknowledge the positive contribution of women entrepreneur to the sustainable economic development of a country. Nevertheless, there are limitations in mobility and enhancement for women entrepreneurs due to financial illiteracy especially during this modern era where Islamic Financial system is taking an important place in the economic growth. Some are found to be running their business with minimum knowledge on Islamic Finance, and merely rely on personal experience or informal management of entrepreneurship. This paper aims at discovering the significance of Islamic Financial Literacy Education among women entrepreneur, at its important in the economic development of Muslim society. Literature review on existing subjects and interview method will be employed to identify the Islamic perspective on the aspect, thus further improvement can be proposed for the development of formal Islamic Financial Literacy in the existing system of Education.