KFH-Bahrain Announces the 5th Grand Prize Winner of Libshara October 2019
Kuwait Finance House–Bahrain (KFH-Bahrain) has announced Mr. Jaballa Alsayed Abdulrahim as the October 2019 Grand Prize winner of a luxury furnished apartment at Durrat Marina, alongside 60 winners of the October draw for the ‘Libshara’ Savings Investment Account. The draw was held at KFH-Bahrain’s headquarters at Bahrain World Trade Centre under the supervision of several representatives from the Ministry of Industry, Commerce and Tourism and members of the Bank’s management team.
On this occasion, Mr. Khalid Al Marrafi, Executive Manager and Head of Retail Banking Group at KFH-Bahrain, said, “We would like to congratulate the October Grand Prize winner and all the other winners. We would like to encourage everybody to invest in ‘Libshara’ in order to be eligible to enter the upcoming draw and win one of our valuable prizes during November, and the chance to win the last grand prize in December.”
The Grand Prize winner, Mr. Jaballa Alsayed Abdulrahim expressed his happiness regarding the announcement, revealing, “I would like to thank Allah for this blessing and I am delighted to have won this prize, I will definitely continue investing in ‘Libshara’ to increase my chances of winning more prizes and invite everybody to do the same. Also, I would like to thank KFH-Bahrain’s employees and management team for their efforts in providing the latest banking products and services in the Kingdom of Bahrain.”.
“Libshara” is a Sharia-compliant account that provides opportunities to win a variety of valuable prizes, including both monthly and grand prizes, in addition to other special categories. Customers with a “Libshara” saving account will automatically enter monthly draws upon saving an amount of BD50 or its USD equivalent for a minimum period of 30 days. Customers’ chances of winning are increased according to the length of period invested, where they receive 2 chances for a 180-days investment, and 3 chances for a 360-days investment.
The 2019 Libshara prizes include 6 grand luxury furnished apartment prizes at Durrat Marina and 6 grand cash prizes of $50,000. In addition, sixty monthly winners receive an amount of $500 each for the categories “Our Women”, “Our Children”, “Our Savers”, “Our Cards”. Customers who open a “Libshara” accounts online will be included in the new “Jazeel” category. Moreover, KFH-Bahrain has also collaborated with “VIVA” Telecommunications Company to present 10 monthly vouchers worth $500 for small and medium enterprises upon spending BD50 or more on corporate services, in addition to other cash prizes.
The ‘Libshara’ Savings Investment Account is available for all corporate clients inside and outside the Kingdom of Bahrain, as well as Bahraini citizens or GCC citizens 18 years of age or older. Minors are also eligible to open an account with the support of their parents or legal guardians. A “Libshara” account can be opened online through the “KFH Jazeel Banking” mobile app or via any branch. “Libshara” ensures its account owners that the profit rates will be distributed on a monthly basis, and account holders can increase their chances of winning grand prizes by depositing for longer periods.
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.