Kuwait Finance House-Bahrain (KFH-Bahrain) announced Mr. Ali Yusuf Alsendi as the $100,000 Monthly grand cash prize winner for the month of March 2023, as part of the Libshara Investment Savings Account draw. The Libshara prize draw was held in the presence of the Bank’s management, internal and external auditors and a representative from the Ministry of Industry and Commerce (MOIC). In addition to the monthly grand prize, the monthly prize winners were also announced, which included 20 prizes worth a total of $20,000 and 40 special Libshara prizes of $500 for each winner.

Mr. Hamed Mashal, Head of Retail Banking at KFH – Bahrain, stated, “I would like to express my sincere congratulations to our grand prize winner, Mr. Ali Alsendi, for the month of March and to all of our valuable winners for this month. Initiatives such as these reflect our rigorous endeavors to provide opportunities for our customers to save their money, which could make a powerful impact in their future. I would also like to encourage everyone to start investing in the Libshara account to increase their chances of being one of the lucky winners in the upcoming monthly draws.”

On his end, Mr. Ali Alsendi expressed, “I feel truly blessed to have won the Libshara grand prize. This experience has made me extremely grateful, and has also reflected my commitment to my savings journey with KFH-Bahrain’s Libshara Investment Savings Account. I have been banking with KFH-Bahrain for several years now and appreciate their service and commitment to promote the value of a savings account.”

The Libshara Savings Investment Account is available for all clients inside and outside the Kingdom of Bahrain, as well as GCC citizens at 18 years or older. Minors can also open their own Libshara savings account through a parent or legal guardian.

All Libshara account holders can enjoy rewarding opportunities to win, including grand, monthly and special segments 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. Clients can triple their chances of winning by increasing the investment period of their Libshara account.