Risk Level:
99% May harm your business future; Persons or entities that engage in transactions with this entity will be exposed to sanctions or subject to an enforcement action;

Working with this entity means supporting Iranian Regime, Regime Terrorist Activities & development of WMD

Status:
Top Alert – Entity designated / sanctioned for terror, WMD and human rights violation

Info:
IFIC Holding AG is a Dusseldorf, Germany-based entity that is wholly-owned by IFIC. IFIC Holding AG is an investment arm of Iran Foreign Investment Company (IFIC) an Iran-based entity that is wholly owned by the Government of Iran. The mission of IFIC is to manage and expand Iranian holdings abroad. It is involved in ventures in a number of foreign countries;

Iran Foreign Investment Company is used by the mullahs to invest money around the world and is investment arm of the “Oil stabilization Fund”;

IFIC with Bank Melli owns shares in Islamic Corporation for the Development of the Private Sector;

Iran Foreign Investment Company owns shares in Siemens, Adidas, BP, ThyssenKrupp and other Big brands, owns 10% of Sabafon Shares (Yemen Company), 12.49% of Taageer Finance Company, 40.15% of the Misr Iran Development Bank, 15% of Rossing Uranium Mine Shares, 50% of Pair Investment Company, Amin Reinsurance Company, Enterprise Vaccinopole, Housing Bank, IPM Industries, Metalurgica Campo Limpo, South Isfahan Power Plant and others;

The U.S. Department of the Treasury identified Iran Foreign Investment Company (IFIC) and IFIC Holding AG to be owned or controlled by the Government of Iran. By identifying these entities – including banks, investment companies and technology firms – U.S. persons and others are better able to identify Iranian Government entities and protect themselves against the risks posed by such entities. The Iranian Transactions Regulations prohibit transactions between U.S. persons and the Government of Iran. “As its isolation from the international financial and commercial systems increases, the Government of Iran will continue efforts to evade sanctions, including using government-owned entities around the world that are not easily identifiable as Iranian to facilitate transactions in support of their illicit activities,”;

Also Known As:
Iran Foreign Investment Company Holding AG
IHAG Trading GmbH

Involved In:
Missile Weapon Program

Country:
Germany

Address:
Koenigsalee 76-78, Dusseldorf, Germany 40212
Koenigsallee 60 D, Dusseldorf, Germany

Phone:
(211) 863-2370

Website:
http://www.ific.org.ir

Reason for the color:
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on November 5, 2018 as entity owned or controlled by the Government of Iran;
» Added to the Specially Designated Nationals (SDN) list maintained by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) on August 3, 2010;
» Removed from the SDN list in January 2016 as part of the Joint Comprehensive Plan of Action;
» IFIC is investment arm of the “Oil stabilization Fund”;
» German companies enable Iran’s nuclear program and infrastructure;
» IFIC Used by mullahs to invest money around the world;


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IFMAT Color Guide

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We sort entities who are connected with terrorist activities, in two sections, first by risk and second by geolocation.
GeoLocation divisions are divided into two fields, Black List and Gray List.
BlackList is a list of all companies, organizations and figures who originate from Iran.
GrayList is a list of all companies, organizations and figures out of Iranian borders, and doing business with Iran.
We identify risk of entities by COLOR selection, each color marks the risk level of the entity.(by declining order)
 
TOP ALERT
Designated / Sanctioned / Illicit entities
 
HIGH ALERT
Entities affiliated with Designated / Sanctioned / Illicit entities.
 
MEDIUM ALERT
Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.
 
RISK ALERT
Entities in a problematic sector - Sector controlled by the Top Alert entities.
 
GENERAL ALERT
Legitimate entities - we cannot determine whether an entity is completely green, and that is due to the facts that the Iranian economy is not transparent enough for us. Be sure.