Mahdi Safarinia, secretary of investment council of the
Mustafa Prize, stated on the annual meeting of the fund: this foundation is
formed by the order of stock exchange organization. In this institute,
resources of which are supplied by individuals and companies, the benefits are
used for activities of the Mustafa Prize. Generally, people can spend their
benefits on activities of the Mustafa Prize.

He pointed out: this fund has a specific structure and
components, such as registration, execution and audit managers, all of which
are clearly demonstrated on the website of mpfund.ir.

According to Safarinia, 28 non-Iranians from 23 countries
of the world and two non-Iranian organizations, as well as 34 legal and 317
actual Iranian individuals cooperate with this fund.

He mentioned the investments made by the fund to this day
(240 billion IRR), adding: the major part of this amount is in the form of
low-interest funds and a part of it is gratuitous.

He also announced: in the annual meeting of the investments
and endowments fund of Mustafa Prize, which was held March 5^th 2018,
seven new cooperation projects have been performed, documents of which were
transferred.

The Mustafa Prize is the high sign of science and
technology of the Islamic world, provided for top scholars and researchers of
the Islamic world every two years. This prize recognizes, introduces and
appreciates the work of top workers in the area of science and technology in
order to promote teaching and research in Islamic societies.

According to the executive document of the Mustafa Prize,
Sorena Sattari (the vice president for science and technology affairs) and
Mahdi Safarnia (head of Pardis technology park) are head and secretary of the
policy-making council, respectively.

The second round of the Mustafa Prize was held December 3^rd
2017 in Vahdat Hall of Tehran in the presence of top figures of science and
technology in the Islamic world.