Kingdom of Bahrain ,Manama,:13th January 2010: Khaleeji Commercial Bank has launched a promotional campaign for the Al Waffer Investment Account, at LULU hypermarket, Riffa. A special promotional outlet has been set-up to introduce the product to the public and to highlight the special features of the account. The outlet, which operates from 9:00 am to 9:00 pm, will also provides other banking services.
Al Waffer investment account is an innovation, customer-oriented product that was launched by the back earlier 2009. Al Waffer is classified as a Shariah compliant investment Mudharaba product, with total cash prizes of one million dollars every year offered to participants.
A participant will acquire points which will enable him or her to participate in the raffle for each BD50 credit with a minimum of BD100 deposited in the account. A participant becomes eligible to take part in the raffle only 30 days from the date of opening an account. Monthly, quarterly and yearly cash prizes are offered.
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Khaleeji Commercial Bank BSC (KHCB) is an Islamic bank, headquartered in the Kingdom of Bahrain, and operating under a Retail Islamic Banking license granted by the Central Bank of Bahrain (CBB). It is a Public Bahraini Shareholding Company listed on the Bahrain Stock Exchange. KHCB offers a comprehensive range of innovative banking and Investment products and services to high net worth individuals, corporate entities, and financial institutions. These include commercial and corporate banking, wealth management, structured investment products and project financing facilities.
The bank seeks to expand its network of strategic alliances with other financial institutions and business partners to source new and mutually beneficial investment and financing opportunities.
For further information, please contact Mr. Jihad Albinfalah, telephone 17505545, e-mail jalbinfalah@khcbonline.com.
© Press Release 2010
