Kuwait Finance House-Bahrain Announces the Winner of the Libshara Monthly Grand Prize for October 2021

Press release
Published November 24th, 2021 - 10:30 GMT
Kuwait Finance House-Bahrain Announces the Winner of the Libshara Monthly Grand Prize for October 2021
Hamed Meshaal
Highlights
Kuwait Finance House–Bahrain announced Ms. Hajar Halim as the winner of the monthly grand prize of $100,000 in the Libshara Shari’a compliant investment savings account draw for the month of October 2021.

Kuwait Finance House–Bahrain announced Ms. Hajar Halim as the winner of the monthly grand prize of $100,000 in the Libshara Shari’a compliant investment savings account draw for the month of October 2021.

The virtual raffle draw took place on Tuesday, the 16th of October, following the guidelines set by the Ministry of Industry, Commerce and Tourism (MOICT). During the draw, the monthly prize winners were announced, including the monthly grand prize of $100,000, the 20 winners of the monthly prizes of $1,000 each, in addition to the 50 winners amongst the Libshara special segments with prizes worth $500 for each winner.

Commenting on this occasion, Mr. Hamed Mashal, Head of Retail Banking at KFH–Bahrain said: “Firstly, I would like to congratulate Ms. Hajar Halim alongside the rest of the winners for our Libshara October draw. We are proud that the Libshara investment savings account prizes have contributed to the enrichment of our customers’ lives since its inception until today. Our aim has always been to develop and enhance the Libshara campaign, and we will continue adopting this approach in order to give everyone an increased chance to win. To do this, we would like to encourage everyone to invest more for a longer period of time.” 

Ms. Hajar expressed her excitement for winning and said: “I thank Allah Almighty firstly for winning the monthly grand prize. I would also like to thank all KFH-Bahrain employees for their continuous efforts in providing the best in Islamic banking services and products. I urge everyone to start saving with KFH-Bahrain’s Libshara account to have a chance of winning valuable cash prizes.”

The Libshara account draws provide customers with chances of winning monthly prizes of $100,000, in addition 20 monthly cash prizes of $1,000 and 50 other monthly prizes worth $500 within the special segments of “Our Women”, “Our Children”, “Our Savers”, “Our Cards”, as well as JAZEEL prizes for customers who open Libshara and Jazeel accounts.

All Libshara account holders have several opportunities in winning monthly and grand prizes and special segment prizes, in which customers can qualify when they save an amount of BD50 or its equivalent in US Dollars per month. The duration of the customers’ savings will increase their chances of winning the grand prize of $500,000.

All customers and individuals can now open Libshara accounts using the KFH Jazeel Banking App without the need to visit any of the branches. A Libshara account can also be opened by all individuals and institutions from the Kingdom of Bahrain and citizens from the GCC. As for minors, they will require consent and authorization from their parents or legal guardians to be able to open an account on their behalf.

 

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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