Kuwait Finance House – Bahrain (KFH – Bahrain) announced Mr. Ishaq Mohamed Alkooheji as the winner of the first mega prize of USD $500,000, as part of the Libshara investment savings account draw for the month of June 2022.

The Libshara prize draw was held virtually on the 6th of June, 2022 in the presence of the Bank’s internal and external auditors and the representative from Ministry of Industry and Commerce (MOIC) following the guidelines set by the MOIC, during which the monthly prize winners were announced. The month’s prizes also included 40 prizes worth USD $20,000 and 50 prizes in the Libshara special segments worth USD $500 each.

Commenting on the occasion, Mr. Hamed Mashal, Head of Retail Banking at KFH – Bahrain, said: “We would like to congratulate Mr. Ishaq Mohamed Alkooheji, our winner of the first grand prize of this year, and all the winners of the monthly prizes for the June draw, and would like to wish everyone good luck in the upcoming draws. We at KFH–Bahrain are committed to enhancing our products and services to meet and satisfy our customers’ needs, as well as exceeding their expectations and help them achieve their dreams by providing them with a variety of valuable prizes that are offered on a monthly basis. Customers can get a chance to win for every investment that exceeds BD50 in their Libshara account to join the list of lucky winners with us.”

On this occasion, Mr. Ishaq Alkooheji, said: “I would like to extend my sincere thanks to KFH-Bahrain for its constant efforts in providing leading banking services and products, and would like to encourage everyone to invest in the Libshara account to seize this exceptional opportunity and wish them success in upcoming draws.”

The Libshara Savings Account continues to enrich the lives of customers by providing a variety of valuable cash prizes throughout the year. With the announcement of the first grand prize winner, customers will get another chance to win the second grand prize of the year worth USD $500,000, in addition to 5 remaining grand prizes worth USD $100,000 each, 20 monthly cash prizes worth USD $1,000 and 50 cash prizes worth USD $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.