For Yousif Abdalla Banihammad, a retired government employee based in Khorfakkan, May 9, 2010, was a day of extreme disbelief and sheer joy as he was woken up by a phone call from Dubai Bank, informing him that he had won a million dirhams in the Kunooz monthly cash prize draw.
Having invested in the Kunooz account only two weeks earlier, Yousef was least expectant of such a windfall. “My experience with other draws was that it hardly ever translated into high returns and came with additional costs,” says the 46-year old. “However, with Kunooz, the experience was different right from the time I was provided the initial information about the product.” Yousef, who was introduced to Dubai Bank and the Kunooz Value Plus account by an acquaintance, says that his decision to invest was mainly on account of its risk-free Shari’a-compliant nature and exciting profit rates.
A father of five, Yousef now plans to keep the money invested with Dubai Bank. Having retired after a long career with the Ministry of Internal Affairs, Yousef says: “Investing in Kunooz was the best financial decision I ever made and I thank the bank for this wonderful fortune. This is the first time I have ever won anything. All my previous investments have been made in the name of my wife and children. Moreover, this is the first time I have invested in my own name and winning such a substantial amount is a great feeling.”
Saeed BinMejren, Acting Head of Branches at Dubai Bank, who presented the winning cheque to a beaming Yousef, had this to say: “We are extremely pleased to help another of our valued customers reach closer to their financial target through this unique product. We continue to see an enthusiastic response to Kunooz from our growing customer base that is attracted by the Shari’a-compliant nature of the account along with the benefits of channeling their savings in a simple, prudent and richly rewarding manner.”
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 eligible for entry into the monthly grand prize draw of AED 1 million. The programme also offers participants the possibility to win more than once.
