Since literature is made from language, the study of literature admittedly plays a key role in the acquisition of language. Literature provides students with unique opportunity to speed up and expand the processes of language learning. Furthermore, it provides enough space for the language learners to analyse and comment  on what they read which can help them improve their abilities in four main language modules along with their analytical competence. This paper intends to focus on the positive contributions of literary texts in teaching English as EFL at university level in Iran. To this end, it first elucidates the high significance of literature as one of the best medium for promoting language learning in EFL students through pedagogical, cultural and analytical approaches, and then presents a number of empirical teaching tasks, employed by the author in EFL classes at Iranian universities.