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KFH Bahrain announces monthly grand prize winner of $100,000 for January 2021

February 28, 2021
islamic finance

Kuwait Finance House (KFH) – Bahrain has announced Ms. Noora Ameen as the monthly grand winner of $100,000, in addition to the 20 winners of the monthly prizes total of $20,000 and the 50 winners of Libshara special segments with a total of $25,000. The winners were announced during January’s Libshara Investment Savings Account remote prize draw, under the guidelines of the Ministry of Industry, Commerce and Tourism (MOICT) as preventive measures to combat the spread of COVID-19.

Commenting on this occasion, Mr. Khalid Al-Maarafi, Executive Manager and Head of Retail & Private Banking Group at KFH – Bahrain, said: “We are pleased to congratulate the first grand prize winner of our 2021 campaign for the month of January, Ms. Noora Ameen, and to all the winners of Libshara prize draw. We would also like to encourage all our clients to increase and maintain their investments in Libshara accounts for a longer period, which will increase their chances of winning valuable prizes in the upcoming draws by taking advantage of the Libshara loyalty programme.”

Mr. Hamed Mashal, Head of Retail Banking at KFH–Bahrain commented, “We would like to congratulate the first batch of winners in the renewed Libshara campaign, and we look forward to more clients joining the list of lucky winners in 2021. We have improved the Libshara campaign for 2021 to provide the opportunity for a larger number of clients to win valuable cash prizes, in line with our continuous efforts to provide the best banking products and services to our valued clients,”

Expressing her excitement for winning the grand prize, Ms. Noora Ameen said: “I was surprised and shocked from the congratulatory call I received, and I am very pleased to extend my sincere gratitude to the Bank for its tireless efforts in providing the best banking services and products. In light of the COVID-19 pandemic, it is imperative that we increase our savings due to these unprecedented times that we are witnessing, therefore I encourage everyone to do the same and take advantage of the opportunities that KFH–Bahrain has to offer.”

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 Dollar for a minimum of 30 days. Moreover, the clients’ opportunity to enter the draw increases in accordance to the investment period, whereas 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 account can be opened by all individuals from Bahrain and citizens of the GCC countries who are aged 18 years or older, in addition to institutions inside and outside the Kingdom of Bahrain. Minors 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.