Astan Quds Razavi

Astan-e Quds Razavi has played an active role in providing financial, material and logistical support to fundamentalist and terrorist groups

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

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

Astan Quds Razavi is a bonyad based at Mashhad, Iran. It is the administrative organization which manages the Imam Reza shrine and various institutions which belong to the organization. The administrative apparatus of Astan Quds Razavi is considered the longest-lasting organization since the martyrdom of Imam Reza about 1200 years ago. The main resource of the institution is endowments. The Astan Quds Razavi is a major player in the economy of the city of Mashhad;

Astan Quds Razavi” is under the control and supervision of the Iranian regime’s supreme leader Ali Khamenei. No one is allowed to question this huge financial system, and it is exempt from paying taxes. Supreme Leader Ayatollah Ali Khamenei directly appoints the heads of many of Iran’s largest bonyads, including the Mashhad-based Astan Quds Razavi. Astan Quds Razavi nominally manages Iran’s holiest site, the Imam Reza Shrine in Mashhad;

Astan Quds Razavi, which had the current Chief Justice, Ebrahim Raisi, at its head until recently, is a massive business corporation with a real-estate portfolio worth an estimated $20 billion, which effectively functions as a slush fund for Iran’s supreme leader. Last year, the foundation established a new bonyad called the Keramat Bonyad which took the connection between the foundation and the IRGC to a whole new level. The head of this Bonyad is Hossein Yekta, the former Commander of the Khatam al-Osya Headquarters, which works under the Khatam Al Anbiya Construction Headquarters;

Astan Quds Razavi is one the regime’s most vital and well-entrenched economic organs. Is custodianship of the Imam Reza Shrine in Mashhad is complemented by its ownership of diversified financial interests in various sectors of Iran’s economy. its economic interests are handled chiefly via its economic wing, the Razavi Economic Organizaiton (REO). Astan Quds Razavi maintains a vast network of companies through its economic wing, the Razavi Economic Organization (REO). REO’s diverse and far-reaching commercial interests are active in nearly every sector of the Iranian economy, including construction, heavy manufacturing, oil and gas, transportation, financial services, information technology, sugar and yeast production, and carpet manufacturing. Its companies also operate regionally, including in Syria and Iraq;

According to the organizers like Nader Talebzadeh, AQR financed the New Horizon’s 6th international conference held in May 2018. making it the New Horizons’ de facto sponsor;

Astan-e Quds Razavi has played an active role in providing financial, material and logistical support to fundamentalist and terrorist groups within the last few years. Particularly, the heads of AQR have vast relations with Hezbollah’s top officials. It is worth noting that these activities within the past few years have been expanding;

According to the U.S. Treasury Department:
AQR is ostensibly a charitable organization tasked with overseeing the operations of the Imam Reza shrine in Mashhad, Iran. In reality, under the direct supervision of the Supreme Leader, AQR has acquired vast economic holdings in construction, agriculture, energy, telecommunications, and financial services. AQR is overseen by its custodian Ahmad Marvi, one of Supreme Leader Khamenei’s closest associates for several decades, whose appointment demonstrates the importance of AQR to the regime.

AQR controls entities in several fields through Razavi Economic Organization, an entity established in the late 1990s to procure and secure the financial resources necessary to carry out AQR’s social and cultural tasks, and for managing and directing companies and institutes affiliated with AQR. AQR’s vast economic empire consists of entities involved in logistics, automotive manufacturing, mining, energy, financial services, and the manufacturing of tile, including Shahab Khodro Co., Iran Combine Manufacturing Co., Quds Razavi Housing and Construction Co., Quds Razavi Mines Co., Quds Razavi Traditional Tile Co., Razavi Brokerage Firm, Razavi Oil and Gas Development Co., and Razavi Supply Chain Management Co.

Also designated are entities who have materially assisted, sponsored, or provided material support to AQR. Razavi Information and Communication Technology Co., or FAVA, provides AQR with telecommunications and computer services, and develops hardware and software for information and communication technologies for use in Iran by both private companies and companies in AQR’s network. Mofidrahbar Audit Firm is an audit firm that provides professional services to institutions and agencies supervised by the SLO, has been tasked with reviewing and auditing the performance of the economic activities of AQR, and is the chief inspector and official auditor for a significant number of AQR’s subsidiaries.

Also Known As:
Astan-e Qods-e Razavi
Astan Qods Razavi


Mashhad, Khorasan Razavi, Iran
Shohada Intersection, Mashhad 9133743588, Iran



National ID No.:
14004342173 (Iran)

Person of interests:
Ahmad Marvi (Custodian and Chairman of the supervisory board)
Reza Fatemi Amin (President and CEO)

Quds Razavi Bread Company (Private Shares)
Razavi Oil and Gas Development Company (Private Shares)
Ghods Niroo Engineering Company (Private Shares)
MAPNA Group Company
Shahab Khodro Company (Public Shares)
Fava Razavi, or Razavi Information and Communication Technology Company (Private Shares)
Razavi Housing and Construction Company (Private Shares)

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 January 13, 2021 pursuant to Executive Order 13876 for being owned or controlled by, directly or indirectly, the Supreme Leader of Iran;
» Astan Quds Razavi – Report;