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  1. #1
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    ISX letter to CBI: Warka Bank approved for Relisting

    Now awaiting Iraqi Securities Commission Approval....It would seem we are getting closer!!!!


    http://www.rs.iq/iraq_news/view/10015


    ISX sent to the CBI on Jan. 23, 2017 the lists of banks and money transfer companies which were approved by the board of governors and waiting for ISC approval to be listed:

    The following companies approved by the board of governors and waiting for ISC approval: Al-Rawahil Islamic Bank, Al-Ta’awin Islamic Bank for Investment, Al-Warka Bank for Investment, United Company for Money Transfer, International Development Bank, Cihan Investment Bank, Al-Bilad Islamic Bank and Global Islamic Bank.

    Al-Ameen Al-Arabiya for Money Transfer applied for listing and submitted all the required documents.
    The following companies applied to be listed on the ISX, but haven’t submitted all the required documents: Region Trade Bank, Erbil Investment Bank, Al-Junoob Islamic Bank, Al-Aswar for Money Transfer, Al-Taib for Money Transfer and Al-Lulu for Money Transfer.

    Al-Huda Bank did not apply a request to be listed on the ISX.
    Last edited by RogueTurtle; 01-24-2017 at 10:36 PM.

  2. #2
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    Yippee! !!!

  3. #3
    Supporter and Investor! calstar's Avatar
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    This can't be true! Really!

  4. #4
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    Quote Originally Posted by calstar View Post
    This can't be true! Really!
    No mention on warka website tho.....

  5. #5
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    Nice post RogueTurtle .
    I did email Mr. Issa for a comment. I will post if I get a reply. Seems like a lot has been happening in the last month or so regarding Iraq. This news is encouraging.
    Last edited by James; 01-25-2017 at 12:46 AM.

  6. #6
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    Cool

    This does sound good!

  7. #7
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    Looking at those whose who have posted comments so far ( Join date: 2009, 2008,2005, and me 2004) dang we have been around for a while. Won't believe the RV until I walk into the bank but seems more possible now more than every. Good luck to everyone.

  8. #8
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    Sounds like great news
    lets hope our stocks are transferred out of proxy

  9. #9
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    very good news for those in the ISX! Would love to hear some good news for those with cash accounts.

  10. #10
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    Warka current MCAP is $80,000,000 if 1 share is 1.25 IQD

    Dar es salaam MCAP $1,500,000,000 before they ran into "trouble"

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