:House of Habib
{{Short description|Pakistani conglomerate family}}
{{Use Pakistani English|date=July 2019}}
{{Use dmy dates|date=July 2019}}
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{{Infobox company
| name = House of Habib
| logo = House of Habib logo (2025).png
| image = Siddiqsons Tower, Karachi.jpg
| image_caption = Headquarters of House of Habib in Karachi
| type = Corporate group
| foundation = {{start date and age|1841}}
| founder = Habib Esmail{{cite web|url=http://www.hoh.net/?page_id=32|title=About us - House of Habib|website=www.hoh.net}}
| location = Karachi, Pakistan
| key_people =
| products =
| revenue = {{increase}} {{USD|1.8 billion}}{{cite web |url=https://hoh.net/businesses/ |title = House of Habib}}
| assets = {{increase}} {{USD|1 billion}}
| homepage = {{url|www.hoh.net}}
}}
The House of Habib ({{IPA|ur|ha.ˈbiːb}} {{respell|hah|BEEB}}) is a group of companies headquartered in Karachi, Pakistan. The group was originally founded by Habib Esmail in Bombay (British India) in 1841.[https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=114388975 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 roots of House of Habib goes back to the 19th century when it commenced as Khoja Mithabhai Nathoo in 1841 in Bombay, operating as a family business. In 1891, a family member named Habib Esmail played a pivotal role in the company's expansion. Subsequently, the company evolved into a major trading firm. In 1921, his four sons joined the business, and Habib & Sons was established, which eventually transformed into today's HBL Pakistan or Habib Bank Limited.[http://www.pakistanbanks.org/members/listofmember.html Habib Bank Limited and Habib Metropolitan Bank Limited listed as members on Pakistan Banks' Association website] {{Webarchive|url=https://web.archive.org/web/20200730074233/http://www.pakistanbanks.org/members/listofmember.html |date=30 July 2020 }} Retrieved 25 July 2019
The House of Habib occupies a significant place in Pakistan's early history. Habib Bank was relocated to Pakistan at the personal request of its first Governor General Mohammad Ali Jinnah. Mohammad Ali Habib extended assistance to the fledgling state "even before the Government of Pakistan was ready to issue appropriate government paper". He provided a Rs. 80 million loan when the Reserve Bank of India failed to release Pakistan's share of Rs. 900 million. It's reported that Mohammad Ali Habib presented a blank cheque from Lloyds Bank to Governor General Jinnah, who then filled in Rs. 80 million.[https://epaper.dawn.com/print-textview.php?StoryImage=23_03_2018_715_001 A glance at the past (Habib Bank Limited history)] {{Webarchive|url=https://web.archive.org/web/20190725201518/https://epaper.dawn.com/print-textview.php?StoryImage=23_03_2018_715_001 |date=25 July 2019 }} Dawn (newspaper), Published 23 March 2018, Retrieved 25 July 2019[https://epaper.dawn.com/DetailImage.php?StoryImage=23_03_2018_712_001 Habib Bank, Golden Jubilee Presentation on Dawn (newspaper)] Published 23 March 2018, Retrieved 25 July 2019
As early as 1912, the Habib family established offices in Vienna and Geneva. In 1921, Habib and Sons was incorporated, specializing in brass, metal scraps, and gold, bearing the embossed Lion of Ali and Zulfiqar. This emblem remained the insignia of Habib Bank for a significant duration of its history.{{cite web |title=AuVitronic Limited |url=http://findarticles.com/p/articles/mi_hb092/is_n7_v28/ai_n28693148/ |access-date=15 October 2010 |publisher=Economic review}} The Rafiq Habib family oversees the House of Habib, distinct from the Dawood Habib family, which operates the Dawood Habib Group of Companies.
Family members
- Esmail Ali
- Habib Esmail Ali m. Rehmatbai Janmohamed
- Ghulam Ali Habib
- Ahmed Habib
- Dawood Habib m. Zainab Rangoonwalla
- Rashid D. Habib (1927 - 1994) m. Mehrunissa Fazelbhoy
- Ali Raza Habib m. Razia Tharia
- Abbad D. Habib m. Niamet Qasim
- Hamid D. Habib (1926 - 2000) m. Nargis Jumani
- Hussain D. Habib (1936 - 2003) m. Sakoon Gokal
- Habib Mohamed D. Habib m. Shamim Fatemah Habib (1943-2012)
- Zain Habib
- Hyder Habib
- Mohamedali Habib (1904-1958) m. Saker Rahim Currim Chatriwalla (1914–1987)
- Rafiq Habib (b. 1937) m. Jamila Dharamsey
- Suleman Habib (1931 - 1999) m. Meherafroze Mirza
- Ali Suleman Habib
- Hyder Habib (1930-2011) m. Zubeida Habib
- H.M. Habib (1936 - 2013) m. Fatima Ladak
- Shamim Fatemah Habib (1943-2012) m. Habib M. Dawood Habib
Subsidiaries
=Listed=
- Agriauto Industries
- Agriauto Stamping Company
- HabibMetro
- Habib Insurance
- Habib Rice
- Habib Sugar Mills
- Shabbir Tiles
- Toyota Indus
- Thal Limited
- Habib Metro Pakistan
- ThalNova Power{{cite web | url=https://hoh.net/energy/ | title=Energy }}
- Thal Boshoku Pakistan
- Thal Engineering{{cite web | url=https://hoh.net/autoparts/ | title=Auto Parts }}
=Unlisted=
Educational institutes
See also
References
{{reflist}}
External links
- [http://www.hoh.net House of Habib website]
{{House of Habib}}
Category:Conglomerate companies of Pakistan
Category:Companies established in 1841
Category:1841 establishments in British India