Kuwait Finance House – Bahrain, a leading Islamic bank and major contributor to the development of Bahrain’s Islamic financial services sector, announced that Ms. Maryam Ali Marshad is the fourth winner of Libshara Investment Savings Account new 2020 Campaign for the month of April. The draw on the cash prize of $100,000 was done remotely.

On this occasion, the winner Ms. Maryam Ali Marshad happily expressed, “I would like to convey my thanks and appreciation to KFH–Bahrain’s Management and staff for their outstanding efforts to provide some of the best banking products and services in the Kingdom” adding, “I would also like to encourage everyone to invest in Libshara Account to win many valuable monthly prizes”.

Mr. Khalid Al-Maarafi, Executive Manager and Head of Retail Banking Group said, “We would like to congratulate Ms. Maryam Ali Marshad on winning the April 2020 grand cash prize, and we continue to endeavor to provide more opportunities to our loyal clients through our promotion campaigns, in line with our vision of delivering the best awards and product offerings in appreciation of their continued loyalty and support as our key partners.”

Al-Maarafi added, “We were keen to have the draw done remotely in line with the Government’s efforts to curb the spread of Coronavirus (COVID-19), and we remain committed to acting in accordance with the directives of the Central Bank of Bahrain and the Ministry of Health in order to help contain the spread of Coronavirus”.

“We wish all our depositors the best in the upcoming draws to win new valuable prizes, and we urge all clients to increase their Libshara Account investments for longer terms through all available digital channels to boost their chances in winning our monthly prizes.” he concluded.

Libshara Investment Savings Account is Shari’ah compliant, providing numerous opportunities to win valuable prizes, including grand prizes, monthly prizes, as well as special prizes in a number of categories. Clients qualify for monthly draws when saving BD 50 or equivalent in US Dollar for a minimum of 30 days. Moreover, the chances for clients to enter draws increase commensurate with the length of the investment term, with two chances to win when investing for 180 days and 3 chances when investing for 360 days.

Libshara Investment Savings Account awards two $500 thousand prizes as part of the 2020 Campaign, in addition to monthly grand prizes of $100 thousand each and 60 monthly cash prizes of $500 each in the categories of “Our Ladies”, “Our Children”, “Our Savers”, “Our Cards” and “Our Jazeel” for clients who have both a Libshara account and a KFH Jazeel banking account.

KFH - Bahrain also collaborates with “stc- business” to provide 10 monthly e-vouchers of $500 each in the Small and Medium Enterprises (SMEs) category when spending BD 50 or more on “stc-business services”.