KFH-Bahrain Announces ‘Libshara’ November 2018 Winners

Press release
Published December 26th, 2018 - 09:24 GMT
Mr. Subah Al Zayani with the grand prizewinner
Mr. Subah Al Zayani with the grand prizewinner

Kuwait Finance House – Bahrain (KFH-Bahrain) announced the ‘Libshara’ winners for November 2018 draw held at its headquarters located in the Bahrain World Trade Centre. The draw was held under the supervision of the Ministry of Industry, Commerce and Tourism and in the presence of several officials from the bank.

The winners included four-years-old Rayyan Adel Maklay who won the grand prize of USD 50,000; Ahmed Ali Al Selaiti and Mohamed Abdulla Al Rayes who each won USD 10,000 in cash; while Khalil Mohamed Janahi and Maha Mubarak Rashed both won USD 5,000 each. In addition, 80 winners also received various other cash prizes for other categories and segments.

On this occasion, Mr. Subah Abdullatif Al Zayani Deputy Head of Retail Banking Group at KFH-Bahrain, said: “On behalf of KFH–Bahrain, we would like to express our congratulations to the young Rayyan Adel, the grand prize winner of USD 50,000, proving that the customers of all ages have the chance to be our next winner. We would also like to take this opportunity to congratulate all the ‘Libshara’ winners for the month of November.”

“We look forward to announcing the winner of the last luxury apartment grand prize at Marassi Al Bahrain in the coming month. We are excited for the upcoming 2019 Libshara campaign, details of which will be announced soon.” he added.

Rayyan’s mom expressed her happiness when she received the news and extended her thanks and appreciation to the management and staff of KFH-Bahrain for their continuous efforts to provide the best banking services and products, assuring her participation in the upcoming campaign and encouraging the public to invest in a ‘Libsara’ account in order to win valuable prizes.

The ‘Libshara’ campaign rewarded winners with luxury apartments located at Marrasi Al Bahrain, a leading project in Diyar Al Muharraq. Also, an additional 85 winners will benefit from monthly prizes worth USD140,000; this includes a grand prize of USD50,000; two prizes of USD10,000; and two prizes of USD5,000. Furthermore, 40 winners will receive USD1,000 each and ten winners from the ‘special’ accounts categories, namely ‘Our Ladies’, ‘Our Children’, ‘Our Savers’ and ‘Our Cards’ - will receive USD500 each.

The ‘Libshara’ Savings Investment Account is a Shari’a compliant savings scheme that offers clients valuable monthly prizes. For every BD50 or its equivalent in USD saved for a period of 30 days prior to the end of the month, clients are entitled to enter the monthly cash draws. While an investment period of 90 days is equal to one chance at entering the Grand Prizes raffle draws, 180 days gives two chances and 360 days three chances.

The ‘Libshara’ Savings Investment Account is available to citizens and residents of the Kingdom of Bahrain and the GCC who are 18 years and above or by a legal guardian on behalf of a minor. It is also available to individuals and corporations. The account can be opened in Bahraini dinars or US dollars.

Background Information

Kuwait Finance House - Bahrain

Kuwait Finance House (KFH) is considered a pioneer in the Islamic banking phenomenon known as ”Islamic Finance” or “Sharia’a” compliant banking. Kuwait Finance House (KFH) is the first Islamic bank established in 1977 in the State of Kuwait and today it’s one of the foremost Islamic financial institutions in the world.

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