Kuwait Finance House – Bahrain (KFH – Bahrain) announced Mr. Ahmed Mubarak Ali as the grand prize winner of $100,000 as part of Libshara’s monthly saving account draw for May 2022. The Bank also rewarded 70 winners, in celebration of Eid Al Adha, from its “Our Children” segment with prizes worth $500 each.

The Libshara prize draw was held virtually on Sunday 12th of June 2022, following the guidelines set by the Ministry of Industry, Commerce (MOIC), where the monthly prize winners were announced. The prizes included 20 prizes worth $20,000, 40 prizes in the Libshara special segments worth $500 each, and 70 prizes for the “Our Children” segment worth $500, on the occasion of Eid Al Adha.

Commenting on the occasion, Mr. Hamed Mashal, Head of Retail Banking at KFH – Bahrain, said: “Firstly, we would like to congratulate all the winners of the Libshara draw for the month of May 2022, especially the grand prize winner, Mr. Ahmed Mubarak Ali. We are pleased to announce that 70 winners of the “Our Children” segment won Eidiya cash prizes, which were part of this month’s Libshara account draw. We encourage our valued customers to increase the amount and duration of their investments within their Libshara accounts, and urge everyone to open a new account through the KFH Jazeel app by depositing a minimum of BD 50 to qualify and enter upcoming draws to join the list of lucky winners.”

On this occasion, Mr. Ahmed Mubarak Ali, said: “I was very happy when I was informed that I had won the Libshara grand prize for the month of May. I am proud for choosing KFH Bahrain, as they continue to meet the needs of their customers by constantly introducing new products and services within the Islamic banking sector. I would also like to take this opportunity to congratulate KFH Bahrain on its 20th anniversary and wish them and all members of the team continued success.”

The Libshara Investment Savings Account draws continues its journey of success during 2022, with two mega prizes worth $500,000 each, 10 grand prizes worth $100,000 each, in addition to 20 monthly cash prizes worth $1,000 and 50 cash prizes worth $500 each of the special segments which include “Our Women”, “Our Children”, “Our Savers”, “Our Credit Cards”, as well as “Libshara Digital” for customers who open a KFH-Bahrain account through any of the digital channels, such as the KFH JAZEEL app, which is available on the App Store and Google Play Stores.

All Libshara account holders can enjoy rewarding opportunities to win, including grand, monthly and special category prizes, where customers can get the opportunity to enter the draw with every BD 50 or its equivalent in US Dollar, saved in their Libshara accounts for a period of no less than 30 days. In addition to the above, customers who are included in the exclusive Libshara loyalty program will have the opportunity to increase their chances of entering the prize draws up to three times, when the amount and period of investment in the account are increased.

Libshara savings account can be opened by all individuals and institutions in the Kingdom of Bahrain and citizens of the GCC ages 18 and above. Minors can open their own Libshara savings account through a parent or legal guardian. Libshara accounts are available for companies both locally and regionally, and can be opened in either Bahraini dinars or US dollars.