تاثير قانون الاستثمار الجديد في سوق العراق للأوراق المالية : دراسة تحليلية

Abstract EN

Financial markets are at the present time from the basic requirements for achieving economic development and financial highlights the importance of the financial market in the service of national economy, Iraq, where the Iraqi market for securities (in English: ISX) is a market for securities in Iraq market in June 2004.

And operate under the supervision of the Securities Commission of Iraq.

And is an independent body set modeled on the U.S.

Securities and Exchange.

And before 2003, and was called on the current market the name of the Baghdad Stock Exchange and run by the Iraqi Ministry of Finance.

Now she is self-regulatory body such as the New York Stock Exchange.

As of 2005 became the Iraqi market for securities is the only exchange in Iraq.

When opened in 2004, there were only 15 companies listed on the market, but now have been tabulated more than 100 companies.

Abstract Accordingly, this study covered the Iraqi capital market with a focus on the present reality of the Iraqi market for securities in the application of the Iraqi investment law and privileges granted to the investor in the Iraqi market for securities and a set of proposals that would develop the reality of the Iraqi market for securities on the one hand and increased to activate the law No.

13 of 2006, which lead to the development of the Iraqi economy by encouraging the channeling of savings to invest in securities, where the stock market encourages small savers and the elderly existing companies and as a result crystallized policy of the State economic development through the provisions of Iraqi legislation (the Constitution ), which took the market economy system, where Article 25 of the Constitution that the State guarantees the reform of the Iraqi economy according to modern economic bases to ensure the full investment of its resources, diversifying its sources and encouraging the private sector, pursuant to this rule of constitutional law was passed 13 for the year 2006 to address the problems of the Iraqi economy, which suffers from weak accumulation capitalist fact that the Iraqi economy unilateral depends on the oil resources in funding and the magnitude of unemployment and the fragility of the private sector and because of the importance of the above This study shows the current reality of the Iraqi market for securities in light of the application of the Iraqi investment law, where the researcher first section the research methodology and the second section the theoretical framework of the study The third section and the reality and the prospects for the stock market through the analysis of some financial indicators after the application of the Iraqi investment law, either the final research Vtm address the conclusions and recommendations that stressed the importance of the Iraqi investment law and the need to provide the tools and the appropriate investment climate to apply.