The House of Habib () is a Pakistani

conglomerate company A conglomerate () is a multi-industry company – i.e., a combination of multiple business entities operating in entirely different industries under one corporate group, usually involving a parent company and many subsidiaries. Conglomerates ...

based in

Karachi Karachi (; ur, ; ; ) is the most populous city in Pakistan and 12th most populous city in the world, with a population of over 20 million. It is situated at the southern tip of the country along the Arabian Sea coast. It is the former cap ...

, Pakistan. The group was founded by Habib Esmail in

Bombay Mumbai (, ; also known as Bombay — the official name until 1995) is the capital city of the Indian state of Maharashtra and the ''de facto'' financial centre of India. According to the United Nations, as of 2018, Mumbai is the second- ...

(

British Raj The British Raj (; from Hindi ''rāj'': kingdom, realm, state, or empire) was the rule of the British Crown on the Indian subcontinent; * * it is also called Crown rule in India, * * * * or Direct rule in India, * Quote: "Mill, who was himsel ...

) in 1841. It is a prominent shia Khoja business family in Pakistan.Company Overview of House of Habib (Private) Limited on Bloomberg.com website
Retrieved 25 July 2019Economic Review, November 1984 (P 59) p 14

History

The company has history going back to 19th century, when it started as Khoja Mithabhai Nathoo in 1841 based in then

as a family business. In 1891, a family member named Habib Esmail helped the company to expand. From this, company became a major trading firm. In 1921, his four sons joined the business when he established Habib & Sons which went on to become today's

HBL Pakistan Habib Bank Limited ( ur, ) abbreviated as HBL, is a Pakistani multinational bank based in Habib Bank Plaza, Karachi, Pakistan. Founded in 1939 by the Habib Family, HBL became Pakistan's first commercial bank. In 1951 it opened its first inter ...

Habib Bank Limited Habib Bank Limited ( ur, ) abbreviated as HBL, is a Pakistani multinational bank based in Habib Bank Plaza, Karachi, Pakistan. Founded in 1939 by the Habib Family, HBL became Pakistan's first commercial bank. In 1951 it opened its first inter ...

.Habib Bank Limited and Habib Metropolitan Bank Limited listed as members on Pakistan Banks' Association website
Retrieved 25 July 2019 The House of Habib holds an important place in Pakistan's early history. Habib Bank was shifted to Pakistan on the personal request of its first

Governor General Governor-general (plural ''governors-general''), or governor general (plural ''governors general''), is the title of an office-holder. In the context of governors-general and former British colonies, governors-general are appointed as viceroy t ...

Mohammad Ali Jinnah Muhammad ( ar, مُحَمَّد; 570 – 8 June 632 CE) was an Arab religious, social, and political leader and the founder of Islam. According to Islamic doctrine, he was a prophet divinely inspired to preach and confirm the mono ...

. Mohammad Ali Habib came to the aid of the nascent state "even before the Government of Pakistan was ready to issue appropriate government paper" with a Rs 80 million loan when the

Reserve Bank of India The Reserve Bank of India, chiefly known as RBI, is India's central bank and regulatory body responsible for regulation of the Indian banking system. It is under the ownership of Ministry of Finance, Government of India. It is responsible for ...

failed to deliver Pakistan share of Rs 900 million held by it. It is said that Mohammad Ali Habib gave a blank cheque on

Lloyds Bank Lloyds Bank plc is a British retail banking, retail and commercial bank with branches across England and Wales. It has traditionally been considered one of the "Big Four (banking), Big Four" clearing house (finance), clearing banks. Lloyds B ...

Jinnah Muhammad Ali Jinnah (, ; born Mahomedali Jinnahbhai; 25 December 1876 – 11 September 1948) was a barrister, politician, and the founder of Pakistan. Jinnah served as the leader of the All-India Muslim League from 1913 until the ...

who wrote Rs 80 million in it.A glance at the past (Habib Bank Limited history)
Dawn (newspaper), Published 23 March 2018, Retrieved 25 July 2019Habib Bank, Golden Jubilee Presentation on Dawn (newspaper)
Published 23 March 2018, Retrieved 25 July 2019 The Habib family set up offices in

Vienna en, Viennese , iso_code = AT-9 , registration_plate = W , postal_code_type = Postal code , postal_code = , timezone = CET , utc_offset = +1 , timezone_DST ...

and

Geneva Geneva ( ; french: Genève ) frp, Genèva ; german: link=no, Genf ; it, Ginevra ; rm, Genevra is the List of cities in Switzerland, second-most populous city in Switzerland (after Zürich) and the most populous city of Romandy, the French-speaki ...

as early as 1912 and incorporated Habib and Sons in 1921, which dealt in brass, metal scraps and gold with ''Lion of Ali'' and

Zulfiqar Zulfiqar ( ar, ذُو ٱلْفَقَار, Ḏū-l-Faqār, ), also spelled ''Zu al-Faqar'', ''Zulfikar'', ''Dhu al-Faqar'', ''Dhulfaqar'' or ''Dhulfiqar'', is the sword of Ali ibn Abi Talib. Middle Eastern weapons are commonly inscribed wi ...

embossed on it. The Habib Bank still used this as its insignia for a large part of its history. The house is run by the Rafiq Habib family and is not jointly with the Dawood Habib family, who, however, runs the Dawood Habib Group of Companies.

Sons of Habib Esmail

* Ahmed Habib * Dawood Habib * Mohamedali Habib * Ghulamali Habib

Sons of Mahomedali Habib

* Rafiq Habib * Suleman Habib * Haider Habib * H.M. Habib

Companies

The group owns following companies:

Listed

Toyota Indus Indus Motor Company Limited ( ur, ), operating as Toyota Indus, is a Pakistani automobile manufacturer which is a subsidiary of Japanese multinational automaker Toyota Motor Corporation. It is based in Karachi, Pakistan. Founded in 1989, as a ...

* Agriauto Industries Limited * AuVitronics Limited
Thal Limited
* Shabbir Tiles & Ceramics Limited * Habib Insurance Company Limited *

Habib Metropolitan Bank Habib Metropolitan Bank, () commonly known as HABIBMETRO, is a Pakistani subsidiary of Swiss bank Habib Bank AG Zurich. It is based in Karachi, Pakistan. It has a branch network of 490+. History The bank was founded in October 1992 as Metropolit ...

a subsidiary of Habib Bank AG Zurich

Unlisted

* Thal Boshoku Pakistan (Private) Limited * Thal Engineering * Habib Metro Pakistan (Private) Limited * Agriauto Stamping Company (Private) Limited * Thal Nova Power Thar (Private) Limited

Educational institutes

Habib Public School Habib Public School is a school based in Karachi. It is situated in Sultanabad, M.T Khan road, Karachi, Pakistan. Admission Every year test for admission take place for class 1 and other classes as per the seats available. Thousands of students t ...

Habib University Habib University (HU) ( ur, ) is a private liberal arts university located in Karachi, Pakistan. Funded by the House of Habib, the Habib University Foundation was established in 2010, and was chartered in 2012 as an independent university. B ...

References

External links

House of Habib websiteHabib Bank AG ZurichHabib Metropolitan Bank
{{House of Habib Conglomerate companies of Pakistan

Habib Habib ( ar, حبيب, ''ḥabīb''; ), sometimes written as Habeeb, is an Arabic masculine given name, occasional surname, and honorific, with the meaning "beloved" or "my love", or "darling". It also forms the famous Arabic word ‘''Habibi’'' ...

Pakistani Ismailis Indian companies established in 1841 1841 establishments in British India Companies based in Karachi