Kuwait Finance House-Bahrain (KFH-Bahrain) announced Mr. Mohammad Kashif Asif as the recipient of the $50,000 Monthly Grand Prize for January 2024, as part of the Libshara Investment Savings Account draw. Additionally, 50 Libshara account holders won cash prizes worth a total of $50,000. The Libshara prize draw was attended by representatives from the Bank, internal and external auditors and a representative from the Ministry of Industry and Commerce (MOIC).

Mr. Hamed Mashal, Executive Manager - Head of Retail Banking at KFH – Bahrain, stated, “We extend our heartfelt congratulations to Mr. Mohammad Kashif Asif, on winning the $50,000 Libshara Investment Savings Account Grand Monthly Prize for January. We would also like to congratulate the rest of our esteemed winners for the month. The Libshara Investment Savings Account is one of our many customer-centric offerings which allows for a smooth saving experience while also presenting opportunities to win prizes on a monthly basis.”

“We are constantly working on elevating the customer experience and this year’s Libshara Investment Savings Account prize draws will offer a $50,000 Grand Prize for one lucky winner per month, along with 50 other monthly winners who will receive cash prizes totaling $50,000. There will also be two Mega Prizes of $500,000 and $1,000,000, which will fall in the months of June and December respectively.”, he added.

On his end, Mr. Mohammad Kashif Asif expressed his enthusiasm saying, “I am so happy to be the winner of the Grand Prize this month! It is honestly something I never expected and has made the start of this year one that I will remember for a long time. Being able to win such prizes while also saving for my future is something I am very thankful for and one of the many things that makes KFH-Bahrain my bank of choice.”

The Libshara Investment Savings Account is open to Bahraini and GCC nationals and residents aged 18 and over. New and existing clients can create a Libshara account and deposit money online using the KFH Jazeel Banking App without visiting a branch. To participate, customers must have a minimum savings balance of BD 50 or its equivalent in US Dollars in their Libshara accounts for at least 30 days.