The Farooqi dynasty was the ruling dynasty of the Khandesh sultanate from its inception in 1382 till its annexation by the Mughal emperor Akbar in 1601. The founder of the dynasty, Malik Ahmad (also known as Malik Raja) participated in a rebellion against the Bahmani ruler Muhmmad Shah I in his early years. When he was compelled to flee from Deccan, he established in Thalner on the Tapti River (in present-day Dhule district in Maharashtra). After receiving the grant of the fiefdoms of Thalner and Karanda (the present day Karwand, 19 km north of Thalner) from Firuz Shah Tughluq in 1370, he conquered the region around Thalner, which later became known as Khandesh (the land of the Khans). By 1382, he started ruling independently. Malik Raja claimed his descent from the second Caliph Umar-al-Farooq. Hence, the dynasty founded by him was known as Farooqi dynasty. The next ruler, Nasir Khan conquered the Asirgarh fort and made it his capital. He founded the new capital Burhanpur in 1399. The most illustrious ruler of this dynasty was Adil Khan II. During his long reign, Burhanpur was transformed to a major centre for trade and textile production. In 1599, Akbar’s army occupied Burhanpur and on January 17, 1601 the citadel of Asirgarh also fell after a long siege. The last ruler Bahadur Shah surrendered to the Mughals. Khandesh became a Mughal Subah. The rulers of Farooqi dynasty were known as who fought against the Hindus and also the Shia's.
The ancestors of Malik Ahmad Khan Raja were amongst the most respectable nobles in the courts of Ala-ud-Din Khilji and Muhammad bin Tughluq. Malik Raja’s father Khan-i-Jahan Farooqi was a minister in the Delhi court. In 1365, Malik Raja and some other chieftains of Berar and Baglana, joined a rebellion against the Bahmani ruler led by the governor of Daulatabad, Bahram Khan Mazindarani. It failed, and he was forced to flee from Deccan. He settled at Thalner. He helped Firuz Shah Tughluq during one of his hunting expeditions in Gujarat. In return he was first made an officer of two thousand horses and then in 1370, he was granted the fiefdoms of Thalner and Karanda. In the same year, he defeated the Raja of Baglana and forced him to agree upon paying annual tributes to the Delhi sultan. In exchange, Firuz Shah Tughluq gave him the title of Sipah-salar (governor) and raised him to the rank of a commander of three thousand horses. Within a few years he was able to muster twelve thousand horses and raise contributions from neighbouring rulers.