This figure has taken me four months to complete. *phew*
After much research, I think I got it right. I sculpted the head and made a silicone mold, same for the tongs.
I created photoshop patterns for the skirt, vest, scarf, 10 rings banner, jacket pockets and shoulder straps, and had them professionally printed on three different types of cloth. I got the pants, boots, white shirt, under shirt, wrist watch, belt and the gun from various 1/6 scale sources.

I got REALLY lucky in a few cases: The gun (a G36K 5.56mm rifle with a belly-mounted AG36 grenade launcher) is a perfect match to Raza's weapon in the movie, and the belt I found was also.
The jacket is heavily modified, but it started out pretty close to Raza's. It is very film-accurate now, along with all of the custom clothing items and the red & black 10 rings banner.
I even modified a standard oval Hot Toys stand, applying custom-made IRONMAN and RAZA decals, for a professional finished display.

I am a huge Ironman fan, and originally I was just going to do a single figure for myself.
I can't begin to tell you how much work went into this... I hope you like it!

Feel free to comment.
Thanks for looking!