Risk Level:
89% May harm your business future;

This entity is connected with designated / sanctioned entities who are helping Iranian Regime Terrorist Activities & development of WMD

High Alert – Entity affiliated with Designated / Sanctioned / Illicit entities

Bonyad e-Mostazafan Foundation is a charitable bonyad, or foundation, in the Islamic Republic of Iran, the second-largest commercial enterprise in Iran behind the state-owned National Iranian Oil Company and biggest holding company in the Middle East;

Bonyad e-Mostazafan Foundation is controlled by the Islamic Revolutionary Guards Corps (IRGC), and Supreme Leader of Iran, important Revolutionary Guards who have headed the foundation include Mohsen Rafighdoost, who served as Minister of the Revolutionary Guards from 1982 to 1989 before heading the foundation until 1999; and Mohammad Forouzandeh, the chief of staff of the Revolutionary Guard in the late 1980s and later Defense Minister, who is head of the foundation as of 2006;

Iranian Mostazafan Foundation made deals with the terrorist organization IRGC;

IRGC (Iran Revolutionary Guard Corps) is military organization in Iran, considered separate from the regular armed forces, it’s main activity is supplying weapons, money and drugs to terrorist organizations, destabilize other countries, involved in planning and support for terrorist acts and groups, personnel sanctioned for missile and nuclear proliferation activities;

Reportedly purchased chemicals, equipment for the nuclear program, and spare parts for Iranian fighter-bombers;

Manages more than 400 companies and factories, owns the Ghods chain of stores and the Bonyad Export and Import Company (BEXIM);

Oversees the following companies Alborz, Aliaf, Aliaf P.P.Azar, Bonyad, Baftehaie Kerman, Baresh, Behran, Bonyad Parkett Keshvary, Blour Yazd, Bonyad Aluminium Iran, Caolinit, Daftar Abzar, Damavand Mining Company, Doona Mining, Ekbatana, Eshtiyagh, Holeh Laleh, Irana, Iran Abzar, Iran Choob, Iran Footwear, Iran Kork, Iran Parto, Iran Pouya, Iran Tire, Jahan, Kaben, Kaveh, Khalkhal Neopan, Kordestan Textile, Laleh Naghsh, Novaform, Nezam Abad, Pakris, Panbeh Ghabos, Panbeh Shahid Beheshti, Pars Choob, Rey, Sanate Choobe Shomal, Sanaye Korke Kashan, Saveh Tile, Selkbaf, Sitco, Somic, Tabchem, Tizro, Tizro Trading Company, Tebed, and Ziba;

The Foundation is involved in numerous sectors of the economy, including shipping, metal, petrochemicals, construction materials, dams, towers, farming, horticulture, tourism, transportation, hotels, and commercial services. It controls 40% of Iran’s production of soft drinks, including Zamzam Cola which it owns and produces, the newspapers Ettelaat and Kayhan. It “controls 20% of the country’s production of textiles … two-thirds of all glass products and a dominant share also in tiles, chemicals, tires, foodstuffs.” Its total value was estimated by one source at “as much as $12 billion,” by another as “in all probability exceed[ing] $10 billion.”;

Mostazafan’s largest subsidiary is the Agricultural and Food Industries Organization (AFIO), which owns more than 115 additional companies. Some of the foundation’s contract work also includes large engineering projects, such as the construction of Terminal One of the Imam Khomeini International Airport;

Among the more prominent companies owned by the foundation, the following can be mentioned: Behran Oil, Sina Bank, Tehran Cement Company, Zamzam Company, Irancell;

Mostazafan also has a history of soliciting contract work abroad. It currently maintains economic connections with countries in the Middle East, Europe, Africa, and South Asia, as well as in Russia and other former states of the Soviet Union;

According to a 2010 report by the UN Security Council:
‘It is well-known that IRGC is a complex amalgam of military, political and economic forces and has large financial resources that influence the Islamic Republic of Iran’s economy. Financial wings of IRGC, IRGC Cooperative Foundation (Bonyad-e Taavon-e Sepah) and the Mostazafan Foundation (Bonyad-e Mostazafan), are actively pursuing investments in a variety of sectors. The Mostazafan Foundation invests in diverse businesses from agriculture to service sector. Together with the Mostazafan Foundation, IRGC financial wings control 43 companies through public trading on the Tehran Stock Exchange, and 218 small and medium-sized companies with 1,073 managers with IRGC affiliation’;

Involved In:
Military Weapon Program

Also Known As:
Foundation of the Oppressed
Bonyad Mostazafan
Janfazan Foundation
Bonyad-e Mostazafan va Janbazan
Foundation of the Oppressed and Disabled
Mostazafan Foundation of Islamic Revolution
Mostazafin Foundation

1979 (Ruhollah Khomeini)


Africa Square, P.O. Box 14155-3988, Tehran, Iran




Person of interests:
Mohammad Saeedikia (President)

Companies owned by the Mostazafan Foundation:
List of companies owned by the Mostazafan Foundation

Reason for the color:
» Bonyad Mostazafan Foundation – Report
» Security Council Report: Bonyad Mostazafan Foundation is controlled by the designated Islamic Revolutionary Guards Corps (IRGC);
» Mostazafan foundation is supervised by the Supreme Leader who appoints its directors;
» Property of the Mustafa Foundation is in the hands of the supreme leader;
» The Revolutionary Guards’ Looting of Iran’s Economy;

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IFMAT Color Guide

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)
Designated / Sanctioned / Illicit entities
Entities affiliated with Designated / Sanctioned / Illicit entities.
Entities sanctioned in the past for Terror or Illicit activities / WMD related / Human rights violations.
Entities in a problematic sector - Sector controlled by the Top Alert entities.
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.