Al-Ahli United Brokerage Company
Al-Ahli United Brokerage Company is one of the most specialized Iraqi companies, 100% owned by the Islamic Commercial Bank of Iraq and licensed to work in the field of brokerage for buying and selling stocks and bonds in the Iraqi Stock Market.
Services provided by the company:
- Practicing brokerage work in buying and selling securities in accordance with the provisions of the law and instructions issued in this regard.
- Organizing and managing investment portfolios for securities in accordance with the controls prepared by the Securities Commission and the Iraq Stock Exchange.
- The company, upon the request of the customer, opens a special account for shares in the company through which shares are traded.
- Our company, on behalf of the customer, deposits the certificates of shares belonging to him in the Iraq Stock Exchange.
- The customer is provided with special reports The trading process and all other necessary statements and receipts to complete the deal.
- The commission is calculated according to the trading volume. The higher the value of the traded shares, the lower the commission rate. The commission is calculated as follows:
| Share value | Commission percentage |
|---|---|
| From $1000 to $100,000 | 0.004 |
| From $100,000 and above | 0.003 |
Instructions and requirements for opening an account for customers in the Iraq Stock Exchange Finance:
1- Natural person:
- Submit colored copies of the identification documents (unified card - residence card - valid passport if available).
- Fill out and sign the joint agreement between the customer and the company.
- Fill out and sign the Know Your Customer (KYC) form.
- Fill out and sign the account opening form + investor number request form.
2-For corporate accounts:
- Company incorporation contract.
- Company registration certificate.
- Commercial license issued by the central bank of the country of origin.
- Minutes of the board of directors meeting.
- A book or list of names Authorized signatories and their signatures.
- Copies of passports and ID cards of the CEO and his representative.
- Fill out and sign the joint agreement between the customer and the company.
- Fill out and sign the Know Your Customer (KYC) form.
- Fill out and sign the account opening form + investor number request form.
The company prepares the purchase and sale request forms in Arabic and English, which include all the necessary information. These requests can be sent by e-mail and will be sent later as original copies by express mail.
The company will not receive or pay any cash amounts from non-Iraqi investors, nor will any cash amounts be delivered to the customer in the event of selling shares, and these transactions will be carried out exclusively through the Commercial Islamic Bank of Iraq.
Al-Ahli United Brokerage Company
Al-Saadoun Street
Mahalla 102, Street 9, Building 121
Baghdad – Iraq
Our goal is your trust
Authorized Director: Maha Noman Nouri Al-Bayati
Al-Ahli United Company for Brokerage in Buying and Selling Securities
Mobile: 07804191533
Email: cibiq.brokerage@cibiq.com.iq
Permanent Address: Baghdad - Al-Saadoun Street - Commercial Bank of Iraq Islamic Building
Mahalla 102, Street 9, Building 121