Iraq Stock Exchange officially joins Tabadul platform

Iraq Stock Exchange Officially Joins Tabadul Platform

Umer Jamshaid | Published September 29, 2026 | 05:15 PM

Abu Dhabi Securities Exchange (ADX) announces Iraq Stock Exchange (ISX) joining Tabadul platform.

ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 29th Sep, 2026)

The Iraq Stock Exchange (ISX) has officially begun trading through the Tabadul platform, becoming the eighth market to go live on the network, which comprises 11 exchanges.

This move grants investors in Iraq direct access to securities listed on ADX, expanding cross-border trading opportunities and strengthening investment links between the two markets.

Tabadul enables seamless trading across participating markets with settlement in local currencies, eliminating the need for dual listings or custodianship. Its network connects markets across Abu Dhabi, Bahrain, Muscat, Astana, Kazakhstan, Armenia, Southern Africa, and now Iraq.

With ISX’s addition, Tabadul connects markets with a combined market capitalization exceeding US$1 trillion, representing over 700 listed companies and more than 11 million registered investors.

Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX, stated:

"Direct investment channels are becoming increasingly important as regional economies grow more interconnected, supporting sustainable growth and capital flows between leading markets."

He further emphasized that ISX’s addition strengthens Abu Dhabi’s role as a trading center, aligning with Abu Dhabi Vision 2030 and the emirate’s long-term economic strategy through deeper liquidity and new growth channels.

Ali Jamal Amin, Executive Director of ISX, expressed:

"The start of trading on Tabadul marks an important milestone in strengthening cooperation and integration between the Iraqi and Abu Dhabi capital markets and opens new opportunities for cross-border connectivity and investment."

Based in Baghdad, ISX traces its history to 1939, with its current form established in 2004. Today, it boasts 103 listed companies, with a total market capitalization of $21.7 billion as of August 2026. The exchange lists equities, government bonds, and corporate debt instruments, providing companies with access to financing for expansion and contributing to Iraq’s economic development.

ADX launched Tabadul in July 2022 as the region’s first digital exchange hub based on a mutual market-access model. The platform offers investors trading opportunities across participating international markets and allows brokerage firms to access partner exchanges remotely.

Tabadul provides access to companies across diverse sectors, including banking, finance, energy, and telecommunications. Trading volume on the platform reached AED13.5 billion in 2026, surpassing the total recorded during all of 2025 and reflecting growing regional demand for cross-border investment opportunities and greater capital market integration.

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