Under Iraq Investment Law, all shares on the ISX have a nominal value of 1 IQD. Shares of 1 IQD are being sold by Warka for 1 IQD – surprise, surprise. Shares on the Kuwait stock exchange have a nominal value of 200 fils. The real question people should be looking at is why is Warka increasing the capital when it is supposedly going to be worth more than Wells Fargo overnight.