During the monthly grand prize draw for March 2021, which was held remotely in compliance with the guidelines set by the Ministry of Industry, Commerce and Tourism (MOICT), Kuwait Finance House – Bahrain announced Mr. Mohamed Hashem Abdullatif as the monthly grand winner of $100,000, in addition to 20 winners of the monthly prizes worth up to $20,000, and 50 winners amongst the Libshara special segments with prizes up to $25,000.

Commenting on this occasion, Mr. Khalid Al-Maarafi, Executive Manager and Head of Retail & Private Banking Group at KFH - Bahrain, said: “We would like to wish the Kindgom and all our clients Ramadan Mubarak. We extend our sincere congratulations to the grand prize winner, Mr. Mohamed Hashem, as well as all the raffle winners for the month of March..”

“As we aim to continuously provide our customers with the best banking services and products, we wish everyone good luck in the upcoming raffles and would like to encourage them to increase the value and duration of investments in the Libshara account to double their chances of winning the mega prize draw of half a million USD,” he added.

The winner, Mr. Mohamed Hashem expressed his joy and gratitude saying: “I was happy to receive the good news from the Bank on my winning of the monthly grand prize. I am delighted of saving my funds with Libshara savings scheme, which enabled me to win this valuable cash prize. I would like to thank the Bank’s employees for their exceptional efforts which has enabled them to take the lead in the Islamic banking sector at a local level, and would like to urge everyone to increase their investments for the chance to win one of Libshara’s grand prizes.”

Libshara Investment Savings Account is Shari’a-compliant, providing numerous opportunities to win valuable cash prizes, including grand and monthly prizes, as well as special prizes in a number of categories. Clients can qualify for the monthly draws when saving BD 50 or equivalent in US Dollars for a minimum of 30 days. Moreover, the clients’ opportunity to enter the grand draws increases in accordance to the investment period, where they get two chances to win when investing for 180 days and three chances when investing for 360 days.

Libshara Investment Savings Account’s 2021 campaign offers two prizes worth $500,000, in addition to a monthly grand prize of $100,000, as well as 20 monthly cash prizes worth $1,000 and 50 cash prizes worth $500 within categories of “Our Women”, “Our Children”, “Our Savers” and “Our Cards”, in addition to the JAZEEL prize, which is awarded to clients who open both JAZEEL and Libshara investment savings accounts.

Libshara accounts can be opened by all individuals inside the Kingdom of Bahrain, in addition to individuals from the GCC countries. Minors under the age of 18 years old can also open Libshara accounts through their parents or legal guardians using KFH Jazeel App and qualify for entry, or by visiting any of the KFH – Bahrain branches.