Memon people

The Memon are a Muslim community in Gujarat India, and Sindh, Pakistan, the majority of whom follow the Hanafi fiqh of Sunni Islam.

[9] Memon traders set up a network of joint stock companies acting in coordination with other members in an area ranging from Central Africa to China.

[4] Memon community made significant financial contributions to preserve the Ottoman Empire but were unable to prevent its decline.

The principal mass of Memons was and is composed of petty tradesmen, shopkeepers, grocers, wandering peddlers, and agents and clerks in firms.

[4] In regions of Kutch (India), and near Karachi and on the Makran coast of present day Pakistan, the Memons are still engaged in commercial agriculture, gardening, and fishing.

[4] While Memons are generally Sunni Muslims, many continue to follow Modern Hindu law in matters regarding property inheritance, community leadership structure and mutual support for members.

[4][19][need quotation to verify] According to folklore, the blessings of the Islamic saint Sayad Kadiri upon the Memons are responsible for their success in business and trade.