Mashreq Al-Arabi Bank in brief

Mashreq Al-Arabi Bank in brief:

  • Established in mid-2018 as a Private Shareholding Company (P.S.C.) and started operating in November 2018.
  • Provides services for all types of banking products.
  • A growing customers’ base.
  • Started with a paid-up capital of IQD 100 billion which was increased in 2019 to IQD 150 billion and further increased in 2020 to IQD 200 billion.
  • Branches: Branches: Five branches opened in Baghdad, Ramadi, and Basra. More branches to be opened in all major cities of Iraq.


  1. To understand the diversity of clients and accommodate diverse customers’ financial needs.
  2. Provide products and services that promote ethics in accordance with Islamic principles.
  3. Provide comfortable access through various means anytime and anywhere.
  4. Make appositive contribution to society and care for people.


To be the Islamic Bank of choice in the region, leading Iraq to the future and provide banking solutions for customers.

Chairman Mr. Sadiq Kadhim Al-Mashat
Vice Chairman Mr. Gadhir Mohammed Al-Attar
Member Mr. Aala Samawi Kadhim
Member Mr. Adil Kareem Kadhim
Managing Director
First Deputy to the Managing Director Mrs. Asrar Al-Basri
Head of International Banking Mr. Yasser Al-Hayki
Letter of Credit and Swift Manager Mrs. Suhad Al-Jabori
Compliance Manager Mrs. Zinha Abdul Maged
Aml Manager Mr. Hayder Kamoona
Credit Manager Mr. Ali Ismael
Administration and Human Resources Manager Mr. Ali Falah