The Central Bank of Iraq announced a seven-day Islamic certificate of deposit auction scheduled for Sept. 15, 2026. Islamic banks may participate from the announcement date through the auction date using the Central Securities Depository system. Participation is limited to banks whose private-sector deposits in Iraqi dinars exceed IQD 50 billion, based on deposit data as of Aug. 27, 2026, submitted through the Banking Supervision Reporting System. Bids must range from IQD 50 billion to IQD 500 billion.
2026-09-13Central Bank of Iraq
Central Bank of Iraq announces seven-day Islamic certificate of deposit auction with IQD 50 billion entry threshold
The Central Bank of Iraq announced a seven-day Islamic certificate of deposit auction for Sept. 15, 2026. Eligible Islamic banks must hold more than IQD 50 billion in private-sector dinar deposits and may bid between IQD 50 billion and IQD 500 billion.