Kuwait Finance House (KFH)–Bahrain recently announced Mr. Adel Abdulaziz Alawadhi as the winner of the 9th Grand Prize of the Bank’s ‘Libshara’ Savings Investment Account in the amount of USD $50,000. In addition, 40 monthly winners each received a prize of USD $1,000, and 60 winners were awarded USD $500 in the special segment categories for “Our Women”, “Our Children”, “Our Savers”, “Our Cards”, “Jazeel” as well as “VIVA”. The draw was held at KFH–Bahrain’s headquarters at Bahrain World Trade Centre under the supervision of the Ministry of Industry, Commerce and Tourism, and several members of the Bank’s management team.

Commenting on the occasion, Mr. Khalid Almaarafi, Executive Manager and Head of Retail Banking Group at KFH-Bahrain revealed, “We would like to congratulate the lucky winners and we wish our savers best of luck in winning new amazing prizes in the upcoming draws. We invite everybody to increase their investments and savings in ‘Libshara’ account to double their winning chances with our amazing prizes,” he concluded.”

The Grand Prize winner, Mr. Adel Abdulaziz Alawadhi said, “I would like to express my thanks and appreciation to the management and staff of KFH-Bahrain for their continuous efforts to provide the best banking services and products in the local market.”

“Libshara” is a Sharia-compliant account that provides tremendous opportunities to win a variety of valuable prizes, including grand and monthly prizes alongside special segments. Customers who have a “Libshara” saving account will automatically enter monthly draws upon saving an amount of BD50 or its USD equivalent for a minimum period of 30 days. Customers’ chances of winning are increased according to the length of period invested, where they receive 2 chances for a 180-days investment, and 3 chances for a 360-days investment.

Four remaining lucky winners of the “Libshara” account will each receive a luxurious apartment in Durrat Marina, as part of the Grand Prizes in 2019. Furthermore, sixty monthly winners receive an amount of $500 each for the categories “Our Women”, “Our Children”, “Our Savers”, “Our Cards” and customers who open their “Libshara” accounts online will be included in the new “Jazeel” category. KFH – Bahrain is also initiating a collaboration with “VIVA” Telecommunications Company to present 10 monthly vouchers worth $500 for small and medium enterprises upon spending BD50 or more on corporate services.