Page 18 - ISX Year Book 2023 EN
P. 18

Iraq Stock Exchange’s Annual Report 2023



                 21      Sumer Commercial Bank                               2022/10/27
                 22      Iraqi Islamic Bank                                  2022/10/29
                 23      Credit Bank of Iraq                                 2022/11/26
                 24      Iraq Noor Islamic Bank for Investment & Finance     2022/11/24
                 25      Cihan Bank for Islamic Investment & Finance         2022/12/03
                 26      Al-Qurtas Islamic Bank                              2022  / 12 / 10
                 27      United Bank for Investment                          2022  / 12 / 31
                 28      Ameen  Al-Iraq  Bank  for  Islamic  Investment  &   2023    7 / 1 /
                         Finance
                 29      Ashur International Bank                            2023    9 / 1 /
                 30      Iraqi Middle East Investment Bank                   2023    / 2 /  10
                 31      National Bank of Iraq                               2023    / 4 /  16
                 32      Al-Taif Islamic Bank for Investment                 2023    / 7 /  25
                 33      Kurdistan International Islamic Bank                2023    / 7 /  31
                 34      Investment Bank of Iraq                             2023  / 10 / 19
                 35      Al-Ameen Company for Financial Investment           2023    / 5 /  23
                 36      Rehab Karbala Company for Investment & General      2023  / 10 / 10
                         Contracting
                 37      Palestine Hotel                                     2022/07/17


               Fifth: Iraqi Securities Commission

                 1.  Fundraising Campaign to Provide Humanitarian Aid to Palestinian People
                       The Iraqi Securities Commission organized a fundraising campaign in which the Iraq
                       Stock  Exchange,  brokerage  companies,  and  a  number  of  joint-stock  companies
                       contributed. The donations were deposited in the ISC’s trust fund in order to deliver
                       humanitarian aid to our people in Gaza through governmental channels.

                 2.  Amending Regulations No. (16) for Insider Trading
                       The Securities Commission, in its letter No. 7/13 on 5/11/2023, approved the
                       amendment to Regulation No. (16) regarding insider trading, according to the details
                       below:
                         a.  Amend paragraph (3c) to read: “Informed persons are prohibited from trading
                            from the date of issuing the annual statements by the Federal Bureau of Supreme
                            Audit or the Comptroller until the date of their disclosure.”
                         b.  Article (3/A) shall be interpreted so that insider trading is suspended after the end
                            of each quarter until the date of publishing the quarterly statements, including the
                            fourth quarter, regardless of whether it is mandatory to submit the fourth chapter
                            to the Commission or not.
                         c.  As for reserve members of a company board of directors, the issue of whether or
                            not they are considered insiders is discretional regarding which the company in
                            question expresses an opinion through the disclosure statements it sends at the
                            beginning  of  each  fiscal  year.  A  reserve  board  member  is  not  considered  an
                            insider unless proven otherwise.
                         d.  Issuing  Regulations  No.  (21)  for  registering,  updating,  and  maintaining  the
                            shareholder register for members of the Over-the-Counter Market (OTC).




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