In 2010, Habib University Foundation (a not-for-profit organization) was established by the House of Habib. Funding of US$40 million assists this establishment. The construction in Gulistan-e-Jauhar, Karachi began in 2012 for Habib university campus. The charter for establishment was passed by Sindh Assembly in June 2012 . Wasif Rizvi (M.Ed, Harvard) is the founding President of the university. The first batch of undergraduate students started their studies in August 2014. Later, HU Talent Outreach Program (TOPS) was launched in 2016 providing a tuition fee waiver for selected students to complete their four-year undergraduate program. Habib University possesses a unique infrastructure; the campus covers 6.3 acres of land, featuring a modern state-of-the-art institution. Habib University will soon expand to a larger residential campus on the outskirts of Karachi.