Kuwait Finance House (KFH) – Bahrain has announced Mr. Hussain Sultan Al Ghanem as the monthly grand winner of $100,000, in addition to the 70 other winners amongst Libshara general and special segments.

In compliance with the guidelines set by the Ministry of Industry, Commerce and Tourism (MOICT), the winners for February’s Libshara Investment Savings Account were drawn remotely and announced virtually via the bank’s headquarters in the Bahrain World Trade Centre.

Commenting on this occasion, Mr. Khalid Al-Maarafi, Executive Manager and Head of Retail & Private Banking at KFH - Bahrain, said: “Firstly, I would like to congratulate Mr. Hussain Sultan Al Ghanem on winning the grand prize of Libshara for the month of February, making him our second grand winner of the year, as well as all the winners of Libshara prize draw for February. Additionally, I would also like to take this opportunity to encourage all our clients to increase their chances to win valuable cash prizes.”

Expressing his excitement for winning the grand prize, Mr. Hussain Al Ghanem said: “In the midst of these current circumstances, I am beyond thrilled to be the winner of Libshara grand prize. I would like to thank Kuwait Finance House – Bahrain for continuously offering the best services within the Islamic banking sector. I would also like to urge everyone to bank with KFH and increase their investments in order to fully benefit from the best financial products and services, enabling them to win valuable 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 offers two prizes worth $500,000 for the 2021 campaign, in addition to a monthly grand prize of $100,000, as well as 20 monthly cash prizes of $1,000 and 50 monthly cash prizes of $500 in the 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, without having to visit any of the KFH – Bahrain branches.