Iran
In the Islamic Republic of Iran religious charitable trusts, or Bonyads, make up a substantial part of the country's economy, controlling an estimated 20% of Iran's GDP. Unlike some other Muslim-majority countries, the bonyads receive large and controversial subsidies from the Iranian government.
Read more about this topic: Charitable Trust
Famous quotes containing the word iran:
“During my administration the most unpleasant and perhaps most dramatic negotiations in which we participated were with the various leaders of Iran after the seizure of American hostages in November 1979. The Algerians were finally chosen as the only intermediaries who were considered trustworthy both by me and the Ayatollah Khomeini. After many aborted efforts, final success was achieved during my last few hours in the White House.”
—Jimmy Carter (James Earl Carter, Jr.)