The 1987–88 Iraq FA Cup was the 11th edition of the Iraq FA Cup as a club competition.
The tournament was won by Al-Rasheed for the second consecutive time, beating Al-Zawraa 4–3 on penalties in the final after a 0–0 draw on 28 September 1987.
Al-Rasheed won the 1987–88 Iraqi National League as well to complete their second double in a row.
It was also Al-Zawraa's first FA Cup final defeat.
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