Waleed Saeed Al Awadi, Head of Branches and Royal Banking, Deputy Chief Marketing Officer, Dubai Bank
Dubai Bank today announced Mr. Mustafa Kamal as the November winner of its million dirham Kunooz Savings Account draw. The monthly draw held by the Shari'a compliant bank, saw the Abu Dhabi based American citizen and father of two, become the latest recipient of the grand prize.
The Kunooz one million dirham draw is part of Dubai Bank’s strategy to reward its valued customers and grow their net worth. For Mr. Kamal, this draw has become an opportunity for him to fulfil his responsibilities sooner, while utilizing an elite and ethically based banking service.
“I opened a Kunooz account last year after a thorough research on various investment vehicles in the country,” said Mr. Kamal. “Kunooz, being a Shari’a compliant product, proved to be a great investment opportunity that reaps the benefits of Islamic Banking.”
Mr. Waleed Saeed Al Awadi, Head of Branches and Royal Banking, Deputy Chief Marketing Officer said: “Month after month, winners like Mr. Kamal benefit from Kunooz, an initiative that has transformed their lives for the long-term. Kunooz, with its savings potential and opportunity to generate optimal returns, is considered as a catalyst for many of our customers in achieving their personal finance goals. Most importantly the added benefit of channeling their savings in a prudent and Shari’a-compliant manner has also proved to be a big attraction for those who bank with us.”
Under the Kunooz monthly cash prize promotion, each multiple of AED 1,000 deposited in the Kunooz Account qualifies the customer for multiple entries into the draw for daily cash prizes of AED 30,000. For every multiple of AED 5,000 deposited, account holders become entitled for entry into the monthly grand prize draw of AED 1 million. The programme also offers participants the possibility to win more than once.