ISC Approves Rules for Iraq-Abu Dhabi Trading Platform

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ISC Approves Rules for Iraq-Abu Dhabi Trading Platform

Baghdad — The Iraq Securities Commission (ISC) has approved membership requirements for Iraqi brokerage firms to trade through the “Tabadul” platform on the Abu Dhabi Securities Exchange (ADX), as well as for foreign brokerage firms to participate in trading on the Iraq Stock Exchange (ISX) via the same platform.

The move represents a major milestone in the strategic linkage project between the two markets — a step designed to enhance regional financial integration and expand cross-border investment opportunities.

ISC Chairman Faisal Al-Haimus said the decision marks “a new stage in the development of Iraq’s financial markets,” emphasizing that the Tabadul platform will help increase liquidity, boost trading efficiency, and attract more foreign capital to Iraq’s growing financial sector.

Al-Haimus added that the Commission is committed to modernizing the financial market environment and strengthening cooperation with Arab and international exchanges. This aligns with the Iraqi government’s broader vision to diversify economic growth and reduce dependence on oil revenues.

He noted that this approval is part of a broader series of strategic reforms aimed at positioning the Iraq Stock Exchange (ISX) as a promising regional investment hub, capable of competing with leading markets across the Middle East.

The “Tabadul” linkage, first announced in partnership with ADX earlier this year, will enable investors in both Iraq and the UAE to seamlessly trade listed securities across borders, paving the way for greater market depth and regional capital flow.