Mohammad Sultan Mufti’s Second & Third Generation Family Business Profile

Mufti Business Family – Pakistan

Background

The surname Mufti in South Asia is traditionally associated with religious scholars and Islamic jurists. 

However, the family of Mohammad Sultan Mufti in Pakistan is notable for a different distinction — they are among the few Mufti families actively engaged in modern business, industry, finance, and technology.

The sons of Mohammad Sultan Mufti are academically qualified professionals who have held leadership positions in major corporations in Pakistan and internationally. Their businesses and professional careers span automobiles, manufacturing, insurance, pharmaceuticals, food, economics, and technology.

Founder Generation

Mohammad Sultan Mufti

Patriarch of the Mufti Business Family in Pakistan and father of a group of highly educated businessmen and professionals who built careers across multiple sectors.

Second Generation (Sons)

1. Humayun Mufti

• Chartered Accountant

• Former member of Pakistan's nationalised industry management structure

• Former Chairman of Pakistan Automobile Corporation

• Shareholder of Ghandara Industries

Humayun Mufti played an important role in Pakistan's automobile and public industrial sector during the nationalisation era.

2. Dr. Adil Mufti

• Ph.D. in Chemistry

• Former CEO of General Tyre and Rubber Company of Pakistan

• Former CEO of an American multinational operating in Pakistan

• Present Chairman of ICIL Pakistan

• Present Chairman of ICIL Technologies Ltd

Dr. Adil Mufti has worked in both public and private sectors, contributing to Pakistan's industrial and technology development.

3. Arif Mufti

• Chartered Accountant

• Former Chairman of American Life Insurance Company (ALICO) Pakistan

Arif Mufti held a leading role in Pakistan's insurance and financial services sector.

4. Faisal Mufti

• CEO of Venture Pharmaceutical Ltd

Faisal Mufti is active in Pakistan's pharmaceutical industry.

5. Purvez Mufti

• Director of Nutripak Food Ltd

Purvez Mufti is associated with Pakistan's food and consumer products sector.

6. Late Aqil Mufti

• Former businessman

• Member of the Mufti business family who was involved in private sector business activities.

Third Generation

Babar Mufti

• Economist

• BSc & MSc from the University of London (LSC)

• CEO of ICIL Pakistan

• Website: www.icilpk.com

Yasser Mufti

• BSc & MSc from Queen Mary University of London

• CEO of ICIL Technologies Ltd

• Website: www.iciltek.com

Ayesha Ahmed Ali

• Daughter of Dr. Adil Mufti

• B.Sc Economics – University College London

• M.Sc Economics – London School of Economics and Political Science

Business & Industry Presence

The Mufti Business Family has been active in multiple sectors:

• Automobile industry

• Industrial manufacturing

• Insurance

• Pharmaceuticals

• Food industry

• Economics and finance

• Technology and automation

Notably, ICIL Pakistan and ICIL Technologies Ltd represent the family's modern technology and global services initiatives, including areas such as automation, AI, and financial services support.

✅ Summary

The Mufti Business Family of Pakistan, descendants of Mohammad Sultan Mufti, represent a rare example of a traditionally religious surname family that has established itself in corporate leadership, industrial development, and modern technology enterprises.