Inclusive growth focuses the idea on equality of opportunity in terms of access to market, resources and regulatory bodies for a society. The inclusive growth approach allows society to contribute and benefit from economic growth. The present study focuses on socio-economic factors, zakat as social capital; and human capital that determine economic prosperity of a society. The study examines to what extent social and human capital contribute to the economic growth in Malaysia. This study uses the panel data for 14 states in Malaysia from year 2005 to 2014. The results suggest that both Islamic social and human capital are positive and significantly affecting the economic growth in Malaysia. In addition, Islamic social capital appears to be an important element for stimulation of positive economic growth that creates opportunities to the society. Therefore, inclusive growth can be a part of solution to many contemporary issues in the society including poverty and income equality. Building of social and human capital is the basis for inclusive growth.