Al-Qabidh Islamic Bank For Finance & Investment (Iraq)

Al-Qabidh Islamic Bank For Finance & Investment is a modern Islamic bank that began its operations in Iraq on May 3, 2017. The bank has extensive experience in the banking field and trading activities. Its main branch and general management are located in Baghdad. The bank has a capital of 250 billion IQD, divided into 250 billion shares, with each share valued at one IQD. This capital is equivalent to 208 million USD. As an Islamic bank, Al-Qabidh Islamic Bank plays a crucial role in bridging the gap between modern banking requirements and the core values of Islamic law. The bank aims to meet the requirements of its clients by offering a comprehensive package of banking and investment services. It also focuses on expanding its modern electronic banking services and adopting integrated solutions and systems to meet the financial needs of its customers. The bank's services and banking products are designed based on the principle of proficiency and quality. With the growth of Islamic banks in Iraq and an increasing number of customers, Al-Qabidh Islamic Bank has added new services derived from the applications of the Islamic economy. These services will contribute to the establishment of many companies that adhere to Islamic principles in their operations.