Solid Principles,
Innovative Solutions

Al Arabi Islamic Bank

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Choose the Commercial Services that best fits your needs:

Foreign remittances

Sending and receiving external transfers via the electronic platform and through the SWIFT system, with the support of a network of external correspondent banks.

Letters of credit

Issuing, amending and extending letters of credit.

Letter of Guarantee

Issuing letters of guarantee.

About Our Bank

In 2023, Alarabi Islamic Bank (AIB) was established in Baghdad, with its origins tracing back to a significant alliance formed in 1930 in the same city by a conglomerate one of the largest family-owned businesses in the MENA region. This conglomerate had diversified investments in finance, retail, real estate, power, oil, and other sectors, and played a pivotal role in the inception of this bank.