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AIB announces new scheme with over BD1 million in cash prizes

January 20, 2021
islamic finance

Al Baraka Islamic Bank (AIB), one of the leading Bahraini financial institutions in the field of Islamic banking, unveiled the new scheme of alBarakat account, launched in January 2021 with prizes amounting to more than BD1,000,000 for more than 600 winners.

The new scheme of alBarakat account will offer customers the chance to win monthly prizes of: BD500, BD1,000 and BD10,000, along with the grand raffle prizes of: BD50,000, BD100,000, BD150,000 and BD300,000.

On this occasion, Ms. Fatema Al Alalawi, Head of Retail Banking, said: “We are happy to announce alBarakat’s new scheme, which shall offer more customers the opportunity to win greater cash prizes. We also look forward to new and existing customers entering the upcoming alBarakat raffle draw through opening an account or increasing their savings balance for higher chances of winning. Additional surprises and prizes will be announced throughout the year.”

The alBarakat account offers customers many opportunities to win amazing cash prizes throughout their investment period, by depositing a minimum amount of BD50 or USD135. Individuals of all nationalities over the age of 18 are eligible to open alBarakat Savings Account. The account can also be opened on behalf of minors by their parents or their legal representatives, as well as by institutions and companies.

With its establishment in 1984 in the Kingdom of Bahrain, the Al Baraka Islamic Bank B.S.C. – Bahrain has a longstanding track record of delivering excellence, innovation and superior results. The Bank ranks among the leading providers of Islamic banking products and services to its international customers and focuses primarily on developing innovative and distinguished Investment solutions in compliance with Islamic Sharia principles, supported by its sound financial solutions.

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