2025-07-30

Iraqi Securities Commission suspends trading of a number of listed companies

The Iraqi Securities Commission has suspended the trading of 16 listed companies on the Iraq Securities Market and the Second Market due to their failure to submit quarterly financial data for the first quarter of 2025. The suspended entities are restricted to the Non-Disclosing Companies platform until they submit the required financial statements and pay outstanding fines. This administrative decision was issued by the Commission's Council following a review of disclosure compliance regulations.

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Republic of Iraq Council of Ministers Iraqi Securities Commission

Republic of Iraq Council of Ministers Iraqi Securities Commission

Number: 13 / 24 Date: 24 / 7 / 2025

(Iraq First)

To / Board of Governors of the Iraq Securities Market

Subject: Suspension of Trading

Greetings...

Based on the Regulatory Bylaw (8), Disclosure of Listed Companies, Article (6-b), and considering the failure of the companies listed in the attached list to meet financial disclosure requirements and to provide the Commission with the quarterly data for the first quarter of 2025).

Therefore, the Commission's Council decided in its fifth session to suspend the trading of the shares of the companies in the Iraq Securities Market, sequentially from number (1 Kurdistan Bank to sequence number 6- Al-Zawraa for Financial Investment) and to suspend the companies sequentially from number (7- Light Industries to sequence number 16- Al-Batek for Financial Investments) in the Main and Second Markets, while keeping them on the Non-Disclosing Companies platform until they submit the financial data and pay the fines owed by them.

With appreciation...

Iraqi Securities Commission 25 / 7 / 2025 Faisal Al-Haysh Chairman of the Iraqi Securities Commission

Attachments List of company names

Copies sent to • Iraq Securities Market.. For necessary action.. With appreciation • Office of the Chairman of the Commission.. For information.. With appreciation • Administrative and Legal Department.. Management Department.. For information.. With appreciation • Planning and Studies Department.. For information.. With appreciation • Media and Government Communication Department.. For publication on the Commission's website.. With appreciation

Baghdad - Yarmouk, Neighborhood 612 - Alley 18 House 12 - P.O. Box Baghdad: 3108 T: 00964 7734 977 377 E: iraqisc@isc.gov.iq E: irqisc@yahoo.com W: www.isc.gov.iq


Republic of Iraq Council of Ministers Iraqi Securities Commission

Republic of Iraq Council of Ministers Iraqi Securities Commission

Companies that did not submit quarterly data for the first quarter of 2025 1- International Islamic Bank of Kurdistan (PSC) 2- Al-Arabi Islamic Bank (PSC) 3- Al-Amin Insurance (PSC) 4- Al-Wi'am for Financial Investment (PSC) 5- Between the Rivers for Financial Investments (Suspended) (PSC) 6- Al-Zawraa for Financial Investment (Suspended) (PSC) 7- Light Industries (LLC) 8- Modern Construction Materials Industry (LLC) 9- Iraqi Land Transport (LLC) 10- Iraqi Transport of Oil Products and Goods (LLC) 11- Al-Badia for Public Transport (LLC) 12- Babylon Bank (Suspended) (PSC) 13- North Bank (Suspended) (PSC) 14- Zain Iraq Islamic Bank (Suspended) (PSC) 15- Al-Khair for Financial Investment (Suspended) (PSC) 16- Al-Batek for Financial Investments (Suspended) (PSC)

Continuation of suspension in the Main and Second Markets and keeping them on the Non-Disclosing Companies platform

Iraqi Securities Commission

Baghdad - Yarmouk, Neighborhood 612 - Alley 18 House 12 - P.O. Box Baghdad: 3108 T: 00964 7734 977 377 E: iraqisc@isc.gov.iq E: irqisc@yahoo.com W: www.isc.gov.iq