The 1948–49 Iraq Football Association Cup was the first edition of what is now the Iraq FA Cup. Clubs and institute-representative teams participated in the tournament, which was won by Sharikat Naft Al-Basra, beating Al-Kuliya Al-Askariya Al-Malikiya 2–1 in Iraq's first ever national cup final, played at Al-Kashafa Stadium in Baghdad on 7 April 1949. The winning team's players and staff paraded the trophy around Basra upon returning from Baghdad three days after winning the tournament.