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I saw a discussion from yesterday about this particular banknote and I wished to share a genuine example and its safety features. I am by no means an expert, and I don't know the full story of officially issued banknotes vs emergence of domestic counterfeits vs foreign counterfeits but I'll give some tell-atale signs which can help collectors determine if note is genuine:
•Print is generally more sharp and precise;
•Watermark is poor, but it gives off sparingly that floral pattern, visible on the reverse where denomination value is (see pics 4 & 5);
• Holographic wavy green lines (pic 6) are apparent, running through the holographic stripe, whilst on counterfeit notes these lines are running under the strip (Info and pic 7 obtained from http://www.banknote.ws/COLLECTION/countries/ASI/IRQ/IRQ0089.htm);
• Genuine notes are with UV fluorescence (metalic strip glows green under UV at 365 nm and it also has arabic insrciption (see pics 8 & 9 );
•IR shows patterns of deeper print (I know such scanner is not readily available).
Hope this helps.