Abstract
The reasons for establishing sovereign funds differ from one country to another, depending on the different nature of the funds that comprise them and their issuance, as well as the different goals that were set for them, whether they are to achieve economic stability or to influence some economic indicator. About the oil countries, sovereign funds are one of the possible solutions in how to manage the public finances of the countries owning oil wealth and their relationship to the changes in oil prices in an effective and high efficiency, and since the latter is characterized by instability, so these countries resort to establishing sovereign funds to take advantage of the huge financial surpluses resulting from oil export revenues and investing them, so the research will address a group of successful models in this field with proposing an objective vision or drawing an integrated picture of the possibility of creating an Iraqi sovereign fund that can employ the revenues of oil wealth and thus avoid shocks resulting from changes in oil prices and financial crises resulting from Rely on the latter.
