Wednesday, September 3, 2025

Renowned Business Tycoon and Founding Chancellor of Habib University, Rafiq Habib, Passes Away

Rafiq Habib, a respected business leader and former chairman of the House of Habib, has passed away in Dubai at the age of 88. His death marks the end of an era for Pakistan’s corporate and educational community.

Born in 1937, Rafiq Habib dedicated his life to building businesses and creating opportunities for people across Pakistan. Under his guidance, the House of Habib grew into one of the country’s most influential business groups.

Today, it employs more than 15,000 people and operates in a wide range of sectors including banking, finance, manufacturing, automotive, and energy.

Beyond business, Rafiq Habib also made a lasting mark in education. He was the founding chancellor of Habib University, an institution known for promoting creativity, innovation, and critical thinking among young Pakistanis.

His vision was to give the country’s youth access to quality education that would help them compete globally while also staying rooted in local culture and values.

Colleagues and peers often described him as a man of integrity and foresight. He believed in blending tradition with modern progress, which shaped both the House of Habib and his philanthropic efforts.

Through his leadership, countless professionals and entrepreneurs found inspiration. His passing is not only a loss for the business world but also for Pakistan’s academic and social development.

Rafiq Habib’s legacy will continue to live on through the institutions he built, the lives he impacted, and the values he upheld throughout his career.

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