Kuwait Finance House-Bahrain’s Libshara Savings Account complies with Shari’a principles and gives 75 lucky customers the chance of winning exciting cash prizes every month. In addition to the monthly cash prizes, what makes the Libshara Savings Account unique is that account holders also have the chance of winning two luxury villas throughout the year.
“We are pleased to offer our customers a savings account like Libshara, which has been developed after listening to what our customers wanted. We’re proud of the growing number of customers opening accounts on a daily basis and wish better luck to our account holders of winning in the upcoming draws,” Khalid Rafea Executive Manager and Head of the Banking Group, said.
Libshara has $110,000 in monthly cash prizes and May’s 75 winners included one winner of $10,000, four winners who received $5,000, ten winners who received $2,000 and 60 winners received $1,000 each. All the winners’ names are listed on KFH-B’s website and iPhone application. The first monthly draw took place on 6th June at the main branch in the Bahrain World Trade Center under the supervision of a Ministry of Industry and Commerce representative, as well as representatives from the Bank’s Retail and Shari’a units, internal and external auditors.
Libshara Savings Account is compliant with the Islamic Shari’a principles and is open to all residents in Bahrain who are 18 years and older and is also available to establishments and corporations.