2024-07-21

Iraq Securities Commission Board Decision on Listing Shares of Al-Mal Al-Islami Investment Bank

The Iraqi Securities Commission Board approved the listing of Al-Mal Al-Islami Investment Bank's shares on the Second Market of the Iraq Stock Exchange. The decision mandates the company to disclose the shareholding percentages of management, the Managing Director, and their first-degree relatives, as well as their board memberships in other entities. Additionally, the company is required to present the listing matter at the first General Assembly meeting following the listing date.

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Republic of Iraq Council of Ministers Iraqi Securities Commission

Date: 18/7/2024 Ref No: 6/13

To: Board of Directors of the Iraq Stock Exchange

Subject: Request to list shares of Al-Mal Al-Islami Investment Bank

Greetings...

Reference to your letter No. M.M/236 dated 11/6/2024.

The Commission Board decided in its ninth meeting held on 9/7/2024 to accept the listing of shares of Al-Mal Al-Islami Investment Bank in the Iraq Stock Exchange / Second Market, and the company is required to provide the following:

  1. The percentage of participation of each of the management members, the Managing Director, and their first-degree relatives, and the membership of any of them in the boards of directors of other companies.
  2. Present the listing matter at the first General Assembly meeting following the listing date.

With appreciation,

Nagham Hussein Ismail Deputy Chairman of the Securities Commission

Copies sent to:

  • Central Bank of Iraq / Banking Supervision Department / Commercial Banks Supervision Section ... for your information ... with appreciation.
  • Iraq Stock Exchange ... for your information ... with appreciation.
  • Office of the Chairman of the Commission ... for your information ... with appreciation.
  • Financial Disclosure Department ... for your information ... with appreciation.
  • Media and Government Communications Department for publication ... with appreciation.
  • Administrative and Legal Department / Administration Section ... with appreciation.

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