Trading, Business or Tijarat is Sunnah and is encouraged as
a means of life in Islam. Still, Muslims lag behind in this and account for a
very low share in India. One reason maybe that Muslims traditionally occupied
in three professions for centuries—Ruling class (Rulers, nobles, and
courtiers), Tax Collector, Military, and justice department. Even after
centuries of rule, the banking, trading, and even the actual collection of
revenue remained with non-Muslims. This explains the rise of Hindu Rao in Delhi
and the role of Jagat Seth in Battle Passey and afterwards as fixers and
manipulators.
Muslims own 8% of the country's total assets while their
share of households stands at nearly 12%. This two-year-long study was jointly
conducted by the Savitribai Phule Pune University (SPPU), Jawaharlal Nehru
University and Indian Institute of Dalit Studies from 2015 to 2017, and is
based on NSSO data from 1.10 lakh households across various states.
An ET Intelligence Group analysis indicate Muslims
constitute a mere 2.67% of directors and senior executives — 62 of the 2,324
executives — among the BSENSE -1.04 % 500 companies. The number of Muslim-owned
registered Micro, Small and Medium Enterprises (MSMEs) has come down in the
country from 10.24 per cent in 2009-10 to 9.1 per cent in 2014-15, as per the
Annual report of the Ministry of Micro, Small and Medium Enterprise. Muslim
representation in the unorganised MSMEs, which is around 2-crore strong, is 12
per cent.
The traditional businesses operated by Muslims included
industries such as silk and sericulture, hand and power looms, the leather
industry, automobile repairing and garment-making. However, many of these have
been hit by liberalisation. The Clean Ganga project has mostly affected the
Muslims trading in tannery and other leather related products.
The only region which has produced most of the businessmen
is Gujarat, where the Bohra traders, Khojas and other Shia sects have excelled
in business. Even Sunni Muslims of Gujarat have done fairly well in their choosen
areas. In northern region, where the bulk of the Muslims were either Zamindars,
Taluqdars or belonged to peasantry class, such stories are seldom to be heard.
As rightly pointed by Akaar Patel, Gujaratis dominate the business class among
Muslims in India. The fact that among Indian Muslims, the Gujarati Shias
dominate in matters of business shows that it is not religion but linguistic
community and caste that make the difference.
There are also Sunni businessmen in India, but few. The
dominant community here is again Gujarati, like the Memons of Kutchch, who do
business around the world. Bollywood’s Muslim producers also tend to be
Gujarati, like the Nadiadwalas.
Hamdard - Rooh
Afza, the delicious summer drink was out of market in Ramzan 2019. The Group is
facing court battle among various claimants for ownership of the Hamdard. It was
founded in 1906 by Hakim Abdul Majeed to make Unani medicine. The Group is
known for various well known ready to use home remedies for cough, bad throat,
pain relief, and stomach illness. It has also opened Hamdard University in
Delhi.
Wipro : Azim
Hashim Premji, Chairman Wipro Limited,
is the richest Muslim businessman in the world. He is second richest citizen of
India after Mukesh Bhai Ambani of Reliance Group. An electrical
engineer from Stanford University, Premji transformed the vegetable oil family
business into a world class company after diversifying the business. He founded
the software division of the company in Bangalore and has been awarded ‘Padma
Bhushan’. He has been very generous, and
has donated 39% shares of its company to Azim Premji Foundation. His father,
Late Mohammad Hashim Premji turned down request of Md Ali Jinnah to move to
Pakistan. Both of them are from Khoja community. Despite owning the second
largest business house in India, Azim Premji lives Spartan life. He shuns
luxury and pomp and is comfortable to take auto rickshaw for local travel, and
economy class for distant travel.
Himayalaya—Since
its launch in 1934, Himalaya group has covered many milestone and is one of the
trusted brands among herbal and ayurveda segment. Founded by M. Manal, it boasts of various medicines including
Serpina. The company caters to health and personal care needs of consumers in
90 countries. It has been in business for 90 years.
M A Yusuff Ali (Lulu Group): Yusuff
Ali Musaliam Veetti Abdul Khadir is the
founder and Managing Director of the ‘Lulu Group International’. The Parliament
Mosque in New Delhi was renovated by him recently. His business is spread
across the world, with base in UAE, and is counted among richest Indians. He
was honored with the ‘Padma Sri’ award. Lulu Group joined hands with Dubai
Cares and adopted schools in Gaza and Nepal. He contributed and took initiative
to open a multi-faith funeral centre for the Indian community in Sharjah. He
often travels in his chartered plane, and is generously contributor to charity
organisations.
Wockhardt group -
It is owned by Dawoodi Bohra Dr. Habil Khorakiwala.
The Khorakiwalas also founded the first departmental stores in India,
Akbarally’s. It is one of the top ranked pharmaceutical company in India. The
firm engages in an endless list of CSR activities and has a workforce of 7500
people from 14 nations. Educated at Purdue University, he runs a billion-dollar
firm that makes generic drugs. Like
other members of Bohra, he is traditional and is engaged in charity and other
social work for the community. He avoids the company of progressive and reformers
to avoid any clash with the sect and its spiritual leader.
Cipla – This company has rich heritage. It was founded by Khwaja
Abdul Hamied, who was educated at Berlin
University. He married a Jewish Farida. They hail from Kutch area of Gujarat and own
one of the well known pharmaceutical
firm, which claims to sell medicine to the people at affordable prices. Yusuf
Hamied and other family member run the business. His father was a follower of father of Nation
Gandhi Ji. He formed the Indian Drug Manufactures Association in 1961. His efforts resulted in a better growth in the
pharmaceutical industry in the country. His company is the lowest-selling
company of AIDS medicines. He also established a Care unit for Cancer patients
in Pune.
Gulrez Alam- He
founded Resultrix in 2008, which is a leading service provider of search engine
marketing (SEM), search engine optimization (SEO), affiliate and social media
marketing. They are certified partners with Google AdWords and Google
Analytics. Resultrix has also been listed as a Microsoft adExcellence Company.
Abu Asim Azmi /Farhan
Azmi – He is owner of Infinity Hotels, which is the parent company of
Koyla, Café Basilico, Basilico House, and ChaiCoffi. He is married to Bollywood
actress Ayesha Takia. His father Abu Asim Azmi is also a politician.
Faisal Farooqui – He
co-founded Zarca Interactive, an online survey software, MouthShut.com and
Dealface.com. He has received various awards and titles, like the Manthan Award
by Govt. of India . He also pioneered auto rickshaw advertising.
Irfan Razack - He
established Prestige in 1986. It is now a public company, with over 90 million
square feet of properties gracing its profile. He has received various awards
including Real Estate Excellence Award (2008), the Best Developer Award (2009)
by Karnataka State Town Planning Development.
AJMAL- In 2013,
Badruddin Ajmal emerged as the opposition leader in Assam Assembly, and was
widely seen as one of the contender for the top post in the state. He is head
of Ajmal perfume, a group with business interests in India and abroad. He is
also head of the All India United Democratic Front.
Nowhera Shaik. -Nowhera
Shaik is controversial businesswoman and the founder of Heera Group. An Indian
politician and current president of the All India Mahila Empowerment Party, She
was arrested in 2018 for running a Ponzi
scheme running in over 4000 crores.
Fishfa Group-
Fakhruddin and Sajjad Husain are
founders of the Group, which is best known glass supplier in India. They founded
Fishfa Glass more than three decades back. According the the website, Backed by more than
forty years experience in the glass industry, he is the cornerstone of Fishfa
Glass’ success and progress through the years. His works and accomplishments
speak for themselves – he has transformed the Fishfa Group into one of India’s
top glass business houses based on trust, quality and service. Sajjad Husain is
Vice Chairman and Sakina is operations Director.
VANJAX – It is supermarket for Hydraulic Tools, Equipment,
Devices and Machines. Fakhruddin Vanak, is chairman of the industrial trolley
and lift manufacturer. It is owned by
Bohra and they follow Syedna, who proclaims, ‘strengthen the hand of those who
are coming to power’.
Deep Group- Sharif Memon is owner of Deep Group, one of
the biggest builders in Ahmedabad with around 65 lakh sq feet developed in the
city. He named his building Al Burooj.
Lakhani, Ismaili,
Tundiya & Co. - Kareem Lakhani is one of the most prominent Muslim
chartered accounts in Ahmedabad. Since
1999, the Lakhani, Ismaili, Tundiya & Co has been in business. He was once
so poor that he used to sell milk to make a living and lived in a slum called
Ram-Rahim Nagar.
Zafer Sareshwala,-
He is head of Parsoli Motors, a BMW outlet in Ahmedbad. He is considered to be
close to Narendra Modi, and was rewarded with the post of Chancellor of Maulana
Azad National Urdu University.
Ali Hussain Momin,
Internet, Gujarat- He owns Spider Communication which does printing and
public relations and owns Muslim business networking platform Ummat. It has a
turnover of Rs 50 crores in 2018. The
firm also got the hospitality business of Vibrant Gujarat.
Maniar & Co, -
(Safibhai Maniar, Gujarat )- Safibhai
Maniar is the owner of Maniar & Co, which deals in material-handling
equipment. His entire business set-up was gutted in 2002, but he has survived
all riots with the philosophy – ‘ pay your taxes and ensure your business’.
Shahnaz Hussain –
Her name is the brand name and a household name for ladies who are looking for
herbal care for skin and beauty. She is herself the brand ambassador for
products. She heads the largest organization of its kind in the world, with a
chain of over 400 franchise clinics, shops, schools and spas worldwide, as well
as Ayurvedic formulations for skin, hair, body and health care.
East-West Airlines- The
owner of the Airlines was gunned down by Chota Rajan gang in Bombay. The
business was run by the Wahid family. It is in air taxi business.
The Al-Kabeer group- It
is run by the Allana family. It is one of the top meat exporter and also
involved in other products. It is one of the five top export houses of the
country.
Patel Roadways- Areef
Patel is owner of this firm which one of the top transport companies of India.
PATEL INTEGRATED LOGISTICS LTD. a part of the Multifaceted House of Patel’s, is
in its sixth decade of operations. It provides Logistics solutions across the
country.
Mirza International ( Kanpur)- The owner of the Red Tape Brand
started their leather business in 1970. They are one of the large exporters of
leather goods in India. It has presence in over 23 countries and sells its
products in over 400 outlets in India. It has turnover of 480 crore in 2018.
LOKHANDWALA – The
Lokhandwala Group of Companies, headed by Mr. Siraj Lokhandwala, is a trustworthy household name in Real Estate
in India. It made a beginning with "Crystal Shine", in Santacruz in
1978. It has transformed Mumbai's horizon into architectural complexes. The
group has used novel technologies on building better homes that last a
lifetime. They have given name to a gigantic Bombay colony, and are one of
India’s biggest builders.
LINK LOCKS – It is the brainchild of Mr.
Zafar Alam. After pursuing his Mechanical Engineering from A.M.U, Zafar Alam, founded
the company in 1970 in Aligarh, INDIA. It is well known brand in lock segment.
Arsalan Hotel (
Calcutta) - Arsalan , The restaurant group is owned by Akhtar Parvez and
Ayesha Parvez. They have outlets in Kolkatta and Dubai. It was started in 2002 by
Akhter Pervez. “We cook with love and that’s the secret behind our success. And
we are planning to expand in Rajarhat” .
Nazeer Foods ( Delhi)
– A well known Mughlai & Indian restaurant company in Delhi / NCR, it was
founded in 1975 by Aftab Ahmed. He started a business of supplying poultry
products to 5 star hotels in Delhi. He started restaurant business in 1987, and
boasts of many branches in Delhi / NCR.
Karim Hotels ( Delhi)-
Since 1913, the group claims to provide royal food to the common people of
Delhi. It has been featured in Time list of top hotels in Asia, and has been
featured in numerous stories, documentaries. It is popular destination for food
lovers in Delhi / NCR.
Shahnawaz Merchant
– He is the managing director of Aeliya Marinetech Private Limited, which is
considered to be Asia's Largest Ship Breaking Yard Alang. The 12000 Sq. feet
warehouse / stockyard is located nearby Alang Ship-breaking yard.
B. S. Abdur Rahman
Group- They are owner of B S Abdur Rahman University and other business
interests. They have around 36 years of experience in successfully running
academic institutions.
Ayaz Basrai /
Founder, The Busride – After passing out of the National Institute
of Design (Ahmedabad), he founded The Busride, an independent design studio.
His venture touched almost every field of work including films and advertisements. He
also runs The Gypsy Kitchen.
Azhar Iqubal - Co-Founder and CEO,
Inshorts : After dropping out from IIT –Delhi, he started up with News in
Shorts App along with Anunay Arunav of IIT Delhi, and Deepit Purkayastha of IIT
Kharagpur in 2013. The app provides an experience, of knowing it all, without
reading it all.
Gulrez Alam / Global
COO, Resultrix- Social media and e-commerce are essential weapons for the
success and sustenance of companies. Without SEO and SEM, they would be as good
as a gun without bullets. Gulrez Alam has spent more than a decade of making
social media and e-commerce useful to his clients.
Irfan Alam – (Sammaan);
He is Founder of Samman and won a contest where the people
were asked to showcase their business ideas. He was called “Business Bazigaar”. In his company, the rickshaw pullers hold at
least 51 percent of the stakes. He has organized the most scattered income
generating sector in India - the rickshaw operators. He was invited for
Presidential Summit, 2010 at Washington by the US President Barack Obama.
Irfan Razack / Managing
Director, Prestige Group - The Razack Sattar family deals in the clothing, and
shelter. Irfan Razack is Mr. Sattar’s eldest son. He studied commerce and
graduated from St. Joseph’s College (Bangalore University) and was also awarded
the Lifetime Achievement Award by St. Joseph’s Old Boys Association. Later on,
he completed a course in Jordan by the United Nations University
International’s Leadership Academy (UNU/ILA).
Javed Akhtar (CEO, Travelport) - The relationship between employee
productivity and employee satisfaction is crucial for any company. He saw a tremendous
opportunity in it , and Travelport was born. All the elements of loyalty and
promotions programs have been covered. He wants to open travel offices in
malls, and other places to add convenience to quality.
Jawed Habib / Managing
Director, Jawed Habib Hair and Beauty Ltd (JHHBL) - Nazir Ahmed, Jawed’s
grandfather, cut the hair of the likes of Jawaharlal Nehru and Lord
Mountbatten. Jawed started units in
remote places and trained a handful of students at a time. He has over 200 saloons and 41 academies across
India. He has diversified and has
entered into haircare and beauty business.
Jazeel Badur Ferry - Co-founder,
Eventifier- He wanted to build an app
related to stock market integrating the SMS feature. This resulted in Eventifier,
to archive the pictures and social media discussions threads while the event
was on. It is considered to be one of
the promising start-ups in India.
Mohammad Hisamuddin (Co-Founder,
Innoz Technologies and Quest) : He wanted to unlock the treasures of SMS apps,
and it resulted in Innoz and Quest. Quest
is an Android and iOS based application that function as a search engine where
people answer questions posed by other people. Innoz has been recorded the
largest offline search engine, 2013, in the Limca Book of Records. He has won a
number of awards, including Nasscom top 8 emerging technology companies in
India 2010, top 10 mobile application developers in India 2010, and top 10
emerging product companies 2011.
Navaj Sharief – Founder
of Ammi’s Biryani, the traditional
homemade biryani packed in a box and delivered to you! He has not looked back after starting Ammi’s
Biryani in 2008. Ammi’s Biryani has over 30 outlets spread across Bangalore and
Chennai.
Shahnaz Husain/ Founder,
Shahnaz Husain Group – Her name is now a well known brand for beauty and herbal
solutions in India. She has her branches in many countries and is hers is one
of the trusted brands in beauty sebgment.
Syed Mohammed Beary -
CMD, Beary’s Group: Beary’s is involved in total reality, property
development, and turnkey solutions, infrastructure and construction
engineering, shariah as well as education. The BGRT is India’s first
sustainable green building research park. They have as many as 16 educational institutes
across the coastal towns of Karnataka. The group has won multiple awards over
the years.
Sirajuddin Qureshi / CMD,
Hind Industries- Apart from being the chairman of the Group, he is the
President of India Islamic Culture Centre, New Delhi. He reportedly donated 2
crores to the organisation, located on Lodi Road. He has defeated Salman
Khurshid and Arif Mohammad Khan to retain his grip on the IICC, and is
considered to be close to RSS / BJP. In 2010, Sirajuddin Qureshi was invited by US
President Barack Obama for an entrepreneurial summit in Washington.
Monginis = Zoher
Khorakiwala is the chairman of the group which has made cakes affordable. Zoher joined the family
business in 1972 and has transformed it with innovative ideas.
ANSARIS- Mumbai’s
Mid Day newspaper group sold by the Ansaris in 2010. The Ansaris owned the
Group which published Sportsweek, Mid Day & Inquilaba for 72 years.
MJ Akbar- He was
the co owner and Founder of Asian Age. Later on he got his share and worked in
Deccan Chronicle. He now published a weekly.