SectionBanks
Loan and financing rates at Iraqi banks
Every loan and financing product whose terms a bank has published on its own site: the rate as announced, its basis, the term and the maximum amount. At Islamic banks the rate is a murabaha margin or financing return, not interest. Rates are not confirmed with the bank.
0%
Lowest published rateAl Rajih Islamic Bank · Qard Hasan
- Al Rajih Islamic Bank0%
- Al Rajih Islamic Bank2%
- Agricultural Cooperative Bank5%
- Al Nahrain Islamic Bank5%
- Trade Bank of Iraq6%
- Rasheed Bank8%
What is the monthly payment?
277,778 dinars a month
You pay 10,000,000 dinars in all
Estimated on a reducing balance; a flat rate on the principal costs more. Final terms come from the bank.
Last checked 14 September 2026
13 products
- Lowest rate
0%
Al Rajih Islamic BankQard Hasan
financing return only
Checked 13 September 2026
2%
Al Rajih Islamic BankHousing Murabaha (CBI initiative)
declining balance
Checked 13 September 2026
5%
Agricultural Cooperative BankPensioner advance
Checked 13 September 2026
5%
Al Nahrain Islamic BankSmall-project finance (Murabaha)
annual
Checked 13 September 2026
6%
Trade Bank of IraqHybrid and electric car loan
annual, lowest advertised
Checked 13 September 2026
8%
Rasheed BankCommercial loan
annual, declining balance
Checked 13 September 2026
8%
Al Mal Islamic BankMarriage finance
Checked 13 September 2026
Products with no published rate
No rate published
Al Janoob Islamic BankEducation finance
The bank publishes a 7%–10% profit range for this product without saying which term carries which rate, so no single rate can be shown.
Checked 13 September 2026
No rate published
Al Mal Islamic BankCar finance
The bank’s page gives 6.5% in its text and 7% in its own worked example. The two cannot be reconciled from the page, so no rate is shown.
Checked 13 September 2026
No rate published
Al Mansour Bank for InvestmentHousing loan
Checked 13 September 2026
No rate published
Al Mansour Bank for InvestmentSalary-transfer loan
Checked 13 September 2026
No rate published
Trust International Islamic BankSalary-linked Murabaha
The calculator’s default rate was not treated as a binding offer.
Checked 14 September 2026
No rate published
VakifBank IraqPersonal, car and housing finance
Checked 14 September 2026
The rate as the bank announced it. "Islamic" means financing with a return instead of interest. Educational, not advice. Rates as the bank publishes them; not confirmed with the bank directly.
About these figures
Each row is a product whose terms the bank published on its site; the rate is the ordinary retail scenario as the bank announced it, with its conditions. Other rates under other conditions are on the bank's page.
Rates are as the banks published them and were not confirmed directly. A rate published more than a year ago keeps its date and is never shown as a current offer.
Banks missing here either publish no product terms, could not be reached from outside Iraq, or have not been researched yet. A bank's absence does not mean it does not offer the product.