The Iraqi Securities Depository Center (ICSD) signed a shareholder registration agreement with Al-Qabas Insurance Company on Tuesday, August 18, 2026, for the inclusion of Al-Qabas Insurance Company on the Over-the-Counter (OTC) platform.
The agreement was signed by Mr. Ali Jamal Amin, CEO of the Iraq Stock Exchange, and Mr. Sattar Karam Eidan, Managing Director of Al-Qabas Insurance Company, with a capital of 15 billion Iraqi dinars.
This signing is part of fulfilling the requirements for listing the company on the OTC platform, in accordance with applicable rules and regulations. It contributes to enhancing transparency, regulating securities ownership, and protecting shareholders’ rights.
Both parties affirmed that this step represents a significant addition to the development of the Iraq Stock Exchange and supports efforts to strengthen investor confidence and broaden market participation.