The family of murdered Bradford businessman Salman Sabir are setting up a Trust in his memory.
The body of Mr Sabir, 28, was found last week after a close associate confessed to police he had shot him.
Mr Sabir's family reported him missing after he failed to return from a business meeting in Karachi on April 21. They feared he had been kidnapped.
Last Tuesday the officer leading the inquiry said he had been told Mr Sabir had been shot dead and dumped in a river. A police search discovered Mr Sabir's body in a ditch.
Sharfuddin Memon, of the Citizens-Police Liaison Committee in Karachi, said a close friend of Mr Sabir admitted killing him to avoid repaying a £10,000 loan.
The suspect, Imran Uddin, in his late 20s, is due to appear in court in Karachi.
He has been charged with kidnap and murder, both of which can carry the death penalty.
Mr Memon said Uddin was in custody and his court appearance had been delayed by strikes in the city.
Today Mr Sabir's heartbroken family said a Trust was being set up in his memory.
His brother, Ubaid Mughal, 35, of Heaton, said Salman was "an intelligent, energetic, hard-working and loving person".
Mr Mughal, freelance journalist, said the family had lived through a nightmare since Salman's disappearance.
He said his brother, a clothing importer who spent his time between Pakistan and Bradford, was very hospitable and always had time to help others.
He said: "He achieved success in the textile trade in a very short space of time in England. At the same time, he was dealing with two businesses in Pakistan as well. He used to work seven days a week and 16 to 18 hours every day.
"Salman was the best friend, best son, and best businessman. He always helped others for no return.
"Because of Salman Sabir's humanitarian participation in a short lifetime, his parents have decided to establish a Trust in his name for human welfare."
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