A molding process for shoes with inner lining comprises: placing a molding inner core sleeved with an inner lining in a combined external mold being preset with a semi-molded shell; performing a mold-closing action to make the semi-molded shell in the first external mold and the second external mold attach to the inner lining, respectively; and heating to vulcanize the semi-molded shell, and combining with the inner lining to produce a shoe with inner lining.