Kuwait Finance House-Bahrain Hosts First Libshara MEGA Prize Draw of $500,000

Press release
Published July 18th, 2021 - 11:11 GMT
Kuwait Finance House-Bahrain Hosts First Libshara MEGA Prize Draw of $500,000
Hamed Meshaal
Highlights
Kuwait Finance House – Bahrain announced Fatima Abdulla Mohammed as the first Libshara mega prize winner of US$500,000 for 2021

Kuwait Finance House – Bahrain announced Fatima Abdulla Mohammed as the first Libshara mega prize winner of US$500,000 for 2021, as part of the Libshara investments savings scheme. For the second time this year, 70 winners were announced as part of ‘Our Children’ special segment with exclusive Eidiya cash prizes worth $500 each, in addition to the 80 prize winners of the Libshara savings account. 

 The Libshara draw was held virtually on Thursday, July 8, following the guidelines set by the Ministry of Industry, Commerce and Tourism (MOICT). A total of 151 random winners had been electronically picked during the draw, the largest number of winners to date for a monthly prize draw, which is part of the Bank’s efforts to reward its customers from a variety of different categories with a wide range of cash prizes.

On this occasion, Mr. Hamed Mashal, Head of Retail Banking commented: “We would like to extend our congratulations to all the winners of the Libshara investment account for the month of June, including Fatima Abdulla Mohammed who won the mega prize of half a million US dollars. Moreover, we are proud to congratulate our one hundred and fifty winners for the June draw alone, which included the exclusive additional category of Eidiya cash prizes for ‘Our Children’ special segment winners. We ask Allah to preserve the joy of Eid Al-Adha on all of us in the Kingdom of Bahrain.” 

“We would like to invite all interested customers to open a Libshara account, and existing customers to increase their deposits, and grow their chances of winning many exciting cash prizes every month throughout the year. To facilitate this process, customers can open a Libshara account through the KFH Jazeel Banking App, without having to visit the branch.”

On behalf of his daughter, Mr. Abdulla Mohammed expressed his excitement in winning the first mega prize in the Libshara investment account for the year 2021, and commented: “I would like to thank KFH-Bahrain for its continuous efforts providing its clients with convenient and exceptional services and products like the Libshara Savings scheme. I am overjoyed! I thank Allah for His blessing and for my daughter winning the mega prize of US$500,000. I never expected that she would win the mega prize, and I am glad that the investments into the Libshara scheme have paid off. I had opened a Libshara account for her through the KFH Jazeel Banking App and started depositing her savings into the account, and I’m extremely thankful that she has won this mega prize. I would like to encourage everyone to open a Libshara account as dreams can come true.”

Libshara Investment Savings Account’s 2021 campaign offers two mega prizes worth US$500,000, in addition to a monthly grand prize of US$100,000, as well as 20 monthly cash prizes worth US$1,000 and usually 50 cash prizes worth US$500 within categories of “Our Women”, “Our Children”, “Our Savers” and “Our Cards”, in addition to the JAZEEL prize, which is awarded to clients who open both JAZEEL and Libshara investment savings accounts.

Libshara Investment Savings Account is Shari’a-compliant, providing numerous opportunities to win valuable cash prizes, including grand and monthly prizes, as well as special prizes in a number of categories. Clients can qualify for the monthly draws when saving BD 50 or equivalent in US Dollars for a minimum of 30 days. Moreover, the clients’ opportunity to enter the grand draws increases in accordance to the investment period, where they get two chances to win when investing for 180 days and three chances when investing for 360 days

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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