This study examines a fractional-order prey-predator model incorporating fear effects and harvesting impacts on prey dynamics, employing both continuous and discretized frameworks with the Monod-Haldane functional response. The existence, uniqueness, and boundedness of the system's solutions, along with their non-negativity, are established through rigorous analysis. The system is further evaluated for potential equilibrium points, with their stability conditions meticulously assessed. It is revealed that the model possesses three locally stable equilibrium points, provided certain conditions are met. In the context of the discretized model, an optimal harvesting strategy is formulated, guided by Pontryagin's Maximum Principle, to ensure maximum economic yield. Numerical simulations complement the analytical findings, offering insights into the system's dynamic behavior under both continuous and discrete scenarios. Moreover, the optimality problem associated with harvesting strategies is resolved. The study concludes by summarizing the significant outcomes and their implications for ecological management.