Kuwait Finance House – Bahrain announced that Ms. Fatema AlMudahka is the October monthly grand winner of Libshara Investment Savings Account 2020 Campaign draw for $100,000 which was done remotely.

With this announcement, Ms. Fatema AlMudahka becomes the tenth grand winner in this year’s promotion campaign selected by remote draw, as part of the efforts expended to contain the spread of Coronavirus (COVID-19). With this tenth draw, the Bank’s total prize payout to the grand winners since the beginning of 2020 exceeds $1 million, in addition to the mega prize of $500 thousand awarded in July 2020.

Commenting on this occasion, Mr. Khalid Al-Maarafi, KFH – Bahrain Executive Manager and Head of Retail & Private Banking Group, said: “On behalf of the bank, I would like to congratulate the winner, Ms. Fatema AlMudahka, on the occasion of her winning the grand monthly prize. We also hope that all our savers win our valuable new prizes in the upcoming draws,” Al-Maarafi added: “We would also like to congratulate the other twenty clients who won the $1,000 prizes, as well as the sixty winners of the Libshara prizes of $500 for special segments ”

Libshara winner Mrs. Fatema AlMudahka happily accepted the prize, and said: “I would like to express my thanks and appreciation to KFH-Bahrain’s management and all of the staff for their outstanding efforts in providing the best banking services and products in the local market and for giving us the opportunity to invest in Libshara Savings Account. I also encourage everyone to open a Libshara account so that they can win many valuable monthly prizes. I can't wait for the upcoming grand prize of $ 500,000”.

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, client opportunities to enter the draws increase commensurate with the length of the investment term, with two chances to win when investing for 180 days and three chances when investing for 360 days.

Libshara Investment Savings Account awards two $500 thousand grand prizes as part of the 2020 Campaign, in addition to monthly grand prizes of $100 thousand each, 20 monthly cash prizes of $1,000 and 50 monthly cash prizes of $500 each in the categories of “Our Women”, “Our Children”, “Our Savers” and “Our Cards”. JAZEEL category was added for clients who open a KFH JAZEEL account along with a Libshara Savings account.

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