SectionBanks
Banks · Islamic · Private
Elaf Islamic Bank
A private Islamic bank, based in Baghdad, listed on the Iraq Stock Exchange as BELF, licensed by the Central Bank of Iraq.
59
GoodFinancial health · out of 100
USD dealing restricted · Restricted in dealing in US dollars under published restrictions. A published USD account does not mean every dollar transaction is possible.
The bank’s website is not reachable from outside Iraq, so no product terms are recorded here. Their absence on this page does not mean the bank has none.
IQWealth is independent: not affiliated with, endorsed by or speaking for Elaf Islamic Bank. The bank's name and logo belong to the bank and appear here only to identify it.
Bank card
- Type
- Islamic
- Ownership
- Private
- Head office
- Baghdad
- Share
- BELF
Financial health
From the 2026 half-year statements
- Capital75
Capital adequacy 53%; the Central Bank minimum is 12.5%. Better than 37% of the banks scored.
- Profitability59
Return on assets 0%, on equity 0%. Better than 48% of the banks scored.
- Liquidity71
Liquidity coverage 131%; at least 100% is required.
- Efficiency20
Costs take 90% of operating income. Better than 26% of the banks scored.
- Activity55
Financing granted is 23% of assets. Better than 45% of the banks scored.
An indicator built from statements filed with the Securities Commission. Not a credit rating and not advice. · Full financial statements
Financial snapshot
Bank links
Read in Arabic · The editorial notes are available in Arabic.
About this page
IQWealth is independent: it has no tie to any bank and is paid by none. Bank names and logos belong to their owners and appear only to identify them.
Every figure on this page comes from the bank's own source or its exchange filings, with the date it was checked. What the bank does not publish is stated as such rather than left blank.
Rates are as the bank publishes them and were not confirmed with it directly; a figure the bank published more than a year ago stays on the page with its date and is never shown as a current offer.
The rating is editorial, from published sources — the bank's site, the app store and what users write — and neither measures the bank's safety nor is endorsed by it.