Career
The Yusuf family own vast amounts of land in Mumbai and in the vicinity as is one of the ten largest private landowners in Mumbai. He was the proprietor of Bombay Steam Navigation company, a shipping company which was founded by his father, Haji Hasham. lieutenant was the first Indian owned shipping company.
Later he went on to establish a Marine College at Rashid Mansion, Worli Point, Bombay, as a charitable institution in debt of gratitude to the mercantile seafaring community who had served bravely and loyally on the Company"s ships.
He died in 1915 and is buried in a mausoleum in the family estate at Samandar mahal, Mumbai, beside the grave of Ma Hajiani. Sir Mohamed Yusuf Seamen Welfare Foundation (founded 1910)
Training Ship Rahaman (Nhava, India)
Ismail Yusuf College (Andheri, Mumbai, India).