1986–87 Women's IHF Cup

The 1986–87 Women's IHF Cup was the sixth edition of IHF's second-tier women's handball competition.

1985 Cup Winners' Cup champion Budućnost Titograd defeated Štart Bratislava in the final, overcoming an away loss by a 5-goal margin, to become the second Yugoslav team to win the competition. They previously defeated defending champion SC Leipzig and 1983 champion Avtomobilist Baku on away goals.