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Al-Bilad Islamic Bank For Investment And Finance P.S.C.

On the SDN listEntitySDGTIRGCIFSR

Al-Bilad Islamic Bank For Investment And Finance P.S.C. (entity) is on the Specially Designated Nationals (SDN) list of the U.S. Treasury Office of Foreign Assets Control (OFAC). Programs: SDGT, IRGC, IFSR. Addresses on file in: Iraq, Lebanon. Its property under U.S. jurisdiction is blocked and U.S. persons are generally prohibited from dealing with it.

Iraq has 51 entities, vessels or aircraft with an address on the SDN list. Other sanctioned entities with an address in Baghdad are listed below.

Sanctions programs

Specially Designated Global Terrorists (SDGT) SDGT

Counterterrorism program based on Executive Order 13224, signed after the September 2001 attacks. It blocks the property of persons and organizations that commit or support terrorist acts, and of those who provide them with services or financing.

Islamic Revolutionary Guard Corps (IRGC) IRGC

Indicates the entity is part of Iran's Islamic Revolutionary Guard Corps or acts on its behalf. The IRGC controls a significant share of Iran's economy and is sanctioned under several programs.

Iranian Financial Sanctions Regulations (IFSR) IFSR

This tag means the entity is subject to the Iranian Financial Sanctions Regulations. A foreign financial institution that conducts or facilitates significant transactions for it can lose access to the U.S. financial system.

Also known as

  • AL BILAD ISLAMIC BANK · aka
  • AL ATTA ISLAMIC BANK FOR INVESTMENT AND FINANCE · aka
  • AL ATAA ISLAMIC BANK FOR INVESTMENT AND FINANCE · aka
  • AL-ATAA ISLAMIC BANK · aka
  • AL-ATTA ISLAMIC BANK · aka
  • AL-ATTAA ISLAMIC BANK · aka

Addresses on file

  • 37 Building El-Karadeh 909 Street 1 Near Al Hurea Square, Baghdad, Iraq
  • Al Masbah Branch, Baghdad Al Masbah Intersection, 929 Street 17 Bldg. 40, Previously the German Embassy, Baghdad, Iraq
  • Erbil Branch, Erbil Province, 60 Bldg 354/132, 45 Street, Erbil, Iraq
  • Al Mawarid Branch, Baghdad - Street 62 Neighboring the Department of Electricity, Baghdad, Iraq
  • Al Nasiryah Branch, Zi Kar Province El Saray, Bldg. 2/239 Janat Al Janoub Hotel Building, Nasiryah, Iraq
  • Al Basra Branch Al Basra, Manawy Pasha Corniche Street, Basra, Iraq
  • Al Sadr Branch, Jameela District - 8-22-512, Sadr City, Iraq
  • Al Jaderya Branch Baghdad, Al Jaderya - Versus Baghdad University, 906 Street 28 - Dar 3, Baghdad, Iraq
  • Karbala Branch Karbala, Al Dareeba Intersection, Karbala, Iraq
  • Al Najaf Branch, Al Najaf Al Ashraf, Al Amir District - Al Koufa Street, Najaf, Iraq
  • Zakho Branch Dahook, Zakho - Ibrahim Al Khaleel Street, Baydar Boulevard, Zakho, Iraq
  • Al Mansour Branch Baghdad, Al Mansour-12-G 605-M-Bldg, Baghdad, Iraq
  • Babel Branch Babel, Kalaj - Al Honood Branch, Babel, Iraq
  • Beirut Branch Lebanon, Beirut - Hamra Street, Broadway Center - Versus Costa Caf, Lebanon, Beirut, Lebanon

OFAC remarks

SWIFT/BIC AIIFIQBA; Website www.Bilad-Bank.com; Additional Sanctions Information - Subject to Secondary Sanctions; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; All Branches Worldwide; Linked To: KAREEM, Aras Habib.

Other sanctioned entities in Baghdad

Sharing a city does not imply any link between these entities.

Frequently asked questions

What does it mean that Al-Bilad Islamic Bank For Investment And Finance P.S.C. is on the SDN list?

It means that its property and interests in property under U.S. jurisdiction are blocked and U.S. persons are generally prohibited from dealing with this entity. Entities it owns 50% or more of, directly or indirectly, are also considered blocked.

Can a non-U.S. company do business with Al-Bilad Islamic Bank For Investment And Finance P.S.C.?

OFAC sanctions bind U.S. persons and companies, as well as transactions that pass through the U.S. financial system (for example, U.S. dollar payments). Some programs, such as those for Russia and Iran, include secondary sanctions on non-U.S. persons. Seek advice before transacting.

How does an entity get removed from the SDN list?

A sanctioned party can petition OFAC for removal by showing a change in circumstances. OFAC publishes removals on its website; DataCloud USA updates the list daily and marks the profiles of delisted parties.

More context: how to check if a company is debarred or sanctioned.