[2] Both countries are members of the Organisation of Islamic Cooperation (OIC) and the Non-Aligned Movement (NAM) and have used these forums and bilateral relations to develop political ties.

[4] Earlier in October 2007, Iran and Malaysia are working towards an extensive multilateral oil refinery deal with Venezuela in Syria.

[7] A memorandum of understanding (MoU) on gas field study was signed in February between National Iranian Oil Company (NIOC) and Malaysia's Bukhary International Ventures (BIV).

[8] Both countries have integrated their banking transactions and also agreed to use local currencies along with Chinese yuan and Japanese yen in their bilateral trade.

[12] Despite these matters of historical traces, political relations between two countries are recently tense due to alleged Iranian interferences promoting Shi'a Islam in largely Salafi-Sunni adherence of Malaysia which in response the latter government has passed several anti-Shi'a laws to limit the activities of Shi'a followers in the country to prevent their spread.