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

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

Info:
PAΪR Investment Company Limited (PICL) is a Joint Venture Investment Company which has been formed as a result of an agreement between the Governments of Pakistan and Iran. PICL came into existence in 2007 as a company operating in Pakistan and registered under the Companies Ordinance, 1984. It is classified as a “Development Finance Institution” (DFI) under the regulatory control of the State Bank of Pakistan;

Shareholders of Pair Investment are:
1. Government of Pakistan through the Ministry of Finance – 50%
2. Government of Iran through Iran Foreign Investments Company – 50%

Iran Foreign Investment Company (IFIC) owns 50% of Pair Investment Company;

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;

Industry:
Investment Sector

Also Known As:
Pair Investment Company
Pair Investment Co. Ltd.
Pari Investment Company Limited
PICL

Country:
Pakistan

Address:
2nd Floor, Islamic Chamber of Commerce Building ST-2/A, Block – 9, Clifton Karachi – 75600 Pakistan

Phone:
+92 21 3582-9621

Website:
www.pairinvestment.com

E-mail:
info@pairinvestment.com

Person of interests:
Mr. Arif Ahmed Khan – Chairman
Mr. Hamid Eftekhari Kondelaji – Managing Director/CEO
Mr. Hemmat Jafari – Director Iran
Mr. Gholamreza Khalil Arjmandi – Director Iran
Mr. Aamer Mahmood Hussain – Director Pakistan
Mr. Zahoor Ahmed – Director Pakistan

Reason for the color:
» IFIC owns 50% of Pair Investment Company;


You May Be Interested

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)
 
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.