The term "Memon" refers to a mostly Muslim community from the western part of South Asia, including Memons historically associated with Kathiawar. It can also refer to Kutchi Memons and Sindhi Memons. They are associated with the Memon language. Many Memons migrated to Pakistan after the Partition of India in 1947.
The Memon community was founded in the 15th century by 700 families comprising 6,178 persons total. According to Anthovan, those Lohanas of Thatta who converted to Islam became Memons and were invited by Rao Khengarji Jadeja, ruler of Bhuj in the 16th century, to settle in Bhuj. It is from there that Kutchi Memons migrated to Kathiawar and mainland Gujarat. Surat in Gujarat was an important trading centre from 1580 to 1680 and Memons made their bounty there. Memons became significantly affluent as a result of trading in Surat.
Due to the mercantile nature of the community, Memons began a significant migration beyond the borders of India in the 18th and 19th centuries. This led to communities developing in the Middle East, South Africa, Sri Lanka and East Asia. 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. Memon donors made significant financial contributions to construct mosques during this time, including Juma Masjid Mosque and Jamia Mosque. By late 19th century several thousand Memons had settled in Mumbai due to trading. Memon representative leaders traded with British capitalists to develop their Indian monopolies. The area of Mumbai in which the Memon traders congregated later became known as the Memonwada.
The early 20th century saw a consolidation of the Memon community in South Asia as well as South Africa. They began to organise important societies including Memon Education and Welfare Society and Memon Chamber of Commerce. Memon community made significant financial contributions to preserve the Ottoman Empire but were unable to prevent its decline. The partition of Pakistan and India led to significant migration in both directions for the community. During middle of the twentieth century a handful of Memon financial dynasties were born. However, the dynastic wealth of the Memon families stagnated during the late twentieth century due to the partition of Pakistan as well as political turmoil of the country.
The ancestors of present-day Memons who settled a few centuries ago in various parts of the districts of India, particularly Kathiawar (now Saurashtra), commonly identified as simply Memons i.e. Vasavadi, Kodinar, Bantva, Dhoraji, Halari, Jamnagar, Jetpur, Gondal, Kutyyana, Manavadar sardagadh, Okhai, Upleta, Vanthali, Verawal Patan. Kathiawadi Memons are further divided into sub-group which is generally refer to their ancestral village or town such as Jetpur Memons, Kodinar Memons, Bantva Memons, Dhoraji Memons, Vasavad Memons.
The language of Kathiawadi Memons is Memon, sometimes called Memoni.
The South African Memon community is largely descended from Memons who emigrated from Kathiawar in the early twentieth century.
While Memons are generally Sunni Muslims, many continue to follow Hindu common law in matters regarding property inheritance, community leadership structure and mutual support for members. Memon see themselves to be from the Buddhist Kshatriya lineage. Even within Memons, there are caste hierarchies that some follow regarding marriage practices.
According to received wisdom, the blessings of the Islamic saint Shaykh Abdul Qadir Jilani (QS) upon the Memons are responsible for their success in business and trade. A more pragmatic explanation for their success is that Memon have been historically considered honest brokers. Following commercial caste model, Memons also offer support community members in financial matters by giving loans and offering business assistance. The community annually celebrates 11 April as "Memons Day" through acts of humanitarian service.
Today, Memon communities are scattered throughout the world including the United Arab Emirates, Saudi Arabia, South Africa, the United Kingdom, the United States and Canada. However, major concentrations of Memon remain located in Karachi, Pakistan and Gujarat, India. In Karachi there is a community of Memon people from Bantva and their descendants known as Bantva Memons. United under the banner of Halari Memon General Jama'at, the Halari Memon are another category and followers of the Hanafi school. Memons were also one of three classes living in South Africa when Mahatma Gandhi went there in 1893, Memons were basically traders serving the Indian diaspora in South Africa. Memons are known for their involvement in business and philanthropy, with Memons having played a major part in the building of Pakistani industry.