Prominent Business Leader and Philanthropist Rafiq Habib Passes Away at 88

Rafiq Habib, one of Pakistan’s most esteemed business leaders and philanthropists, passed away on Wednesday in Dubai. He was 88 years old. As the former chairman of the House of Habib, he led one of the country’s leading financial and business conglomerates, leaving an indelible mark on Pakistan’s corporate landscape.

Born in 1937, Habib was a pivotal figure in the business community, steering the House of Habib to become a powerhouse in industries ranging from automotive manufacturing to banking. His visionary leadership extended beyond profit, emphasizing corporate responsibility and long-term, sustainable growth for the Pakistani economy.

Perhaps his most enduring legacy lies in his transformative contributions to higher education. Habib was the founding chancellor of the Habib University Foundation and remained deeply and actively engaged in shaping its educational vision. He championed a model of innovative and inclusive learning, aiming to provide a world-class liberal arts education within Pakistan.

His passing marks the end of an era for both Pakistani business and philanthropy. Rafiq Habib will be remembered not only for building a commercial empire but also for his profound commitment to investing in human capital and fostering the next generation of thinkers and leaders through his groundbreaking work in education.