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Kuwait Finance House-Bahrain announces Ms. Iftikhar Yusuf as the winner of the Libshara monthly grand prize for August 2021

September 20, 2021
islamic finance

Kuwait Finance House–Bahrain announced Ms. Ifitkhar Yusuf, as the prize winner during the Libshara investments savings raffle draw for the month of August 2021, where she won a monthly grand prize of $100,000.

The virtual raffle draw took place on Thursday, the 9th of September, following the guidelines set by the Ministry of Industry, Commerce and Tourism (MOICT). During the draw, the Bank announced the 20 winners of the monthly prizes with a sum of $20,000, and 50 winners amongst the Libshara special segments with prizes of $25,000 in total.

Commenting on this occasion, Mr. Hamed Mashal, Head of Retail Banking at KFH–Bahrain said: “We would like to extend our congratulations to Ms. Iftikhar Yusuf for winning the monthly grand prize, as well as all the other Libshara prizes & segment winners for the month of August 2021. We would like to encourage our valued customers to open a Libshara investment savings account and increase the amount and duration of their investment to double their chances of winning valuable cash prizes with us.”

Ms. Iftikhar Yusuf expressed her gratitude and pleasure for winning the Libshara monthly grand prize, and said: “I would like to extend my sincere thanks and gratitude to KFH-Bahrain for the good news in winning the monthly grand prize of US$ 100,000. I would also like to commend the Bank for such initiatives that contribute towards enriching the lives of citizens by providing them with opportunities to win valuable cash prizes, and I would like to encourage everyone to invest in Libshara and start saving for their future.”

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 on a monthly basis. 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’s 2021 campaign offers two prizes worth $500,000, in addition to a monthly grand prize of $100,000, as well as 20 monthly cash prizes worth $1,000 and 50 cash prizes worth $500 within categories of “Our Women”, “Our Children”, “Our Savers”, “Our Cards”, and JAZEEL.

Libshara accounts can be opened for all institutions inside the Kingdom of Bahrain and abroad, in addition to individuals from Bahrain and citizens from the GCC countries aged 18 years and above. As for minors, parents or legal guardians can open an account on their behalf using KFH Jazeel Banking App without the need to visit the branch.