According to the Taageer Finance Company website, Iran Foreign Investment Company (IFIC) owns 12.49% of its shares.

Iran Foreign Investment Company is used by the mullahs to invest money around the world and is investment arm of the “Oil stabilization Fund”. The U.S. Department of the Treasury identified Iran Foreign Investment Company (IFIC) 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. IFIC is 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 11/05/2018;

ifmat - Taareeg shares

ifmat - taageer finance shares

Notes to the financial statements for the year 2014 of Taageer Finance


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