Kuwait Finance House (KFH)–Bahrain recently announced Mr. Ebrahim Ali Malalla as the winner of the 7th 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 all of July’s winners as well as Mr. Ebrahim Ali Malalla for winning the Grand Prize; and thank them for investing their money in "Libshara" account. We will continue to launch unique promotional campaigns that also support our vision of offering the best rewards, in recognition of our customers’ loyalty and support and for being our partners.”

The Grand Prize winner, Mr. Ebrahim Ali Malalla said, “I am very delighted to win the Grand Cash Prize of "Libshara." this has opened a lot of opportunities for me; I encourage everyone to invest in the Libshara account to perhaps be as lucky as myself and win one of many valuable prizes. I would like to thank all the employees at KFH - Bahrain for their great efforts and for continually working to provide the best services and products in the local banking sector.”

“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.