About us

Al-Sharia Exchange Company is a Class (B) exchange company, regulated by law under the Central Bank and the Anti-Money Laundering Office in the Republic of Iraq.

Al-Sharia Exchange Company provides or is authorized to provide the following services and/or products:

  • Buying and selling foreign currencies according to the exchange rates issued by the Central Bank of Iraq, without engaging in illegal speculation.

  • Foreign currency sale window operations to obtain US dollars from the Central Bank through banks and sell them to the public at rates set by the Central Bank, to meet citizens’ travel needs outside the Republic of Iraq.

  • Principal agent for electronic payment service companies licensed by the Central Bank of Iraq for issuing and topping up electronic cards and processing employee salary payments.

  • Principal agent for foreign/external remittance services with global money transfer companies (Western Union, MoneyGram).

We use the Al-Mansour Express system for exchange and financial transfers.