Mathematical reasoning is governed by the laws of classical logic, based on the principle of bivalence. With the acceptance of intermediate truth degrees, the situation changed substantially. This chapter begins with a characterization of mathematics based on fuzzy logic, an identification of principal issues of its development, and an outline of this development. It then examines the role of fuzzy logic in the narrow sense for developing mathematics based on fuzzy logic and the main approaches developed toward its foundations. Next, some selected areas of mathematics based on fuzzy logic are presented, such as the theory of sets and relations, algebra, topology, quantities and mathematical analysis, probability, and geometry. The chapter concludes by examining various semantic questions regarding fuzzy logic and mathematics based on it.