It was established in September 1972. It owns a number of companies which generate include Tabani Beverage Company, Eastern Cables Industries Limited, Multiple Juice Concentrate Plant,
Mimi Chocolate Limited, and Model Engineering Works. It owns four movie theatres: Gulistan, Naz, Moon, and Delwar Pictures. It also owns Gulistan Films Corporation and Durbar Advertising and Publications, Purnima Filling and Services Station. It also receives an annual 160 million taka from the government. According to the act which established the trust a freedom fighter is "person who served as a member of any force engaged in the war of liberation but shall not include the serving members of the defence services, police or the civil armed forces, or any government pensioner, or any other person having any regular source of income". The Government of Bangladesh in the 1970s handed over the management of tanneries to the trust and
Bangladesh Chemical Industries Corporation. In 1978, the government gave the trust a further 11 nationalised companies. In 1983, the government of President
Hussain Muhammad Ershad withdrew the trust from Bengal National Tannery, Bengal Tannery, Hamidia Metal Industries Limited, Hamidia Oil Mils, Jatrik Publications, Madina Ternary, and Omar Sons Structures Limited. from 1994 to 1995, The government of the
Bangladesh Nationalist Party closed down a number of companies of the trust; they are Hardeo Glass and Aluminum, Model Electric and Engineering Corporation, and United Tobacco Company. Coca-Cola stopped its agreement with Tabani over quality issues. The Awami League regime closed Circo Soap and Chemical Industries in 2009. == Industries ==