About the Bank

Iraqi Islamic Bank for Investment and Development, a pioneer in Islamic banking services

Establishment and Development

The Iraqi Islamic Bank for Investment and Development was established in December 1992 and began operations in January 1993. The bank operates in accordance with Islamic Sharia law, which is the source of Islamic banking principles. The bank has been consistently growing and expanding its services to meet the needs of its valued clients, both individual and corporate.

The bank's leadership is composed of a team of experienced professionals who are experts in Islamic banking and finance. The board of directors and executive management are committed to upholding the highest standards of professionalism and ethical conduct.

Since its establishment, the bank's capital has grown from 126.4 million dinars to 400 billion dinars by 2025.

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Building of the Iraqi Islamic Bank

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Our Banking Services

We offer a comprehensive range of banking services that comply with Islamic Sharia law

Personal Banking Services

We offer a variety of banking products and services for individuals, including savings accounts, current accounts, fixed deposits, and more. These services are designed to meet the diverse needs and expectations of our banking clients.

  • Islamic savings accounts
  • Current accounts
  • Fixed deposits
  • Shariah compliant investments
  • Electronic banking services
  • Direct deposit of salaries
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Corporate Banking Services

Our team of relationship managers works closely with corporate clients to understand their needs and provide tailored solutions. We offer a range of banking products and services to support their growth and success.

  • Types of business accounts
  • Trade financing
  • Letters of guarantee
  • Documentary credits
  • Project financing
  • Islamic banking services
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Islamic Products

We offer a wide range of Islamic banking products that are compliant with Islamic Sharia law. These products are developed under the supervision of the Shariah board and are designed to meet the needs of our clients.

  • Murabaha
  • Ijarah
  • Istisna
  • Mudaraba
  • Musharakah
  • Riba-free investments
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Social Responsibility

We are committed to contributing to the community and supporting various social and cultural initiatives. Our social responsibility programs focus on education, humanitarian aid, and cultural development.

  • Support for education and universities
  • Humanitarian aid
  • Support for local community
  • Charitable programs
  • Support for cultural activities
  • Contribution to sustainable development
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Investment Banking Services

We offer advanced investment banking services that aim to grow our clients' assets and achieve attractive returns. Our services are designed to comply with Islamic Sharia law and are managed with professional expertise.

  • Asset management
  • Consultative services
  • Islamic investment funds
  • Project financing
  • Real estate investments
  • Financial analysis
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Since 1993
First Islamic bank in Iraq
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Trillion dinars in capital (2025)
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Years of experience and excellence
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Branches in Iraq and abroad

Mobile Banking App

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The most requested services and information from our valued clients

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