According to Sina Insurance official website, their shareholders are:
1. Alavi Foundation
– According to the Southern District of New York’ U.S. Attorney’s Office, ‘The Alavi Foundation has been providing numerous services to the Iranian Government, including managing the Building for the Iranian Government, running a charitable organization for the Iranian Government, and transferring funds from 650 Fifth Avenue Company to Bank Melli Iran.’;
2. Sina Financial & Investment Company
– Sina Financial and Investment Holding Company is the banking and investment arm of the Mostazafan Foundation;
3. Farhangian Investment Company
4. Persian Gulf Energy Expert Company
5. Sina Leasing Company
6. Sazeh Consultants Engineering & Construtcion
– Working on projects controlled by sanctioned entities by the U.S. Treasury Department;
7. Davarpanah Foundation
8. Mostazafan Foundation
– Bonyad e-Mostazafan Foundation is controlled by the Islamic Revolutionary Guards Corps (IRGC), and Supreme Leader of Iran;
Sina Insurance Board of Directors are: Reza Jafari and AmirReza Khosravi.
