Pirzada is historically described as official owners of Sufi mausoleums and shrines in Muslim lands, with their earliest mentions being in Baghdad, Iraq, during the period of the Ilkhanate, Timurids and Mamluks.

As late as 1710, Ottoman census records indicate Pirzadas residing in Turkish municipalities such Istanbul, Denizli, Bursa, and Tokat, with their professions revolving around textiles, finance, and military service.

Originally a farming community, Pirzadas eventually began to emerge as an astute family of financial bankers in the cities of Tehran and Qom, with tax records indicating their roles as facilitators of mercantile trade and credit among officials of the Qajar dynasty and foreigners wishing to ship their wares to Persia.

Some Pirzadas eventually harnessed their financial backgrounds for the purpose of the Qajar themselves, with an upwards of six generations of the family serving as civil servants and bureaucrats for the government till the last-recorded instance of 1911.

Peerzadas in Pakistan and Northern India sympathize with the Sunni branch of Islam, while almost all of the remaining 30% minority within them who actively profess faith in the Aga Khan and subsequently the practices of the Shia Muslim.