| Iraq FA Cup | |
| Year: | 1986–87 |
| Country: | Iraq |
| Winners: | Al-Rasheed (1st title) |
| Second: | Al-Jaish |
| Prev Season: | 1984–85 |
| Next Season: | 1987–88 |
The 1986–87 Iraq FA Cup was the tenth edition of the Iraq FA Cup as a club competition. The tournament was won by Al-Rasheed for the first time, beating Al-Jaish 4–3 on penalties in the final after a 1–1 draw. Al-Rasheed also won the 1986–87 Iraqi National League to complete the double.[1]