Manama, Bahrain: Kuwait Finance House – Bahrain announced Mrs. Safa Haider Bader as the grand prize winner of $100,000, during the Libshara investments savings raffle draw for July 2021, which was held virtually following the guidelines set by the Ministry of Industry, Commerce and Tourism (MOICT).
In addition, the Bank announced the 20 winners of the monthly prizes worth up to $20,000, and 50 winners amongst the Libshara special segments with prizes up to $25,000
Commenting on this occasion, Mr. Hamed Mashal, Head of Retail Banking at KFH–Bahrain said: “We would like to extend our congratulations to Mrs. Safa Haider Bader for winning the grand prize, and the Libshara prize winners for the month of July 2021. We remain committed to enhancing our valued customers banking experience by providing them with rewarding cash prizes to encourage them in investing their savings within the Libshara account. I would like to encourage everyone to open a Libshara account and increase the amount and duration of their investment for a chance to win. We look forward to revealing the winners in next month’s raffle draw.”
Mrs. Safa Haider Bader expressed her gratitude and pleasure for winning the Libshara monthly grand prize, and said: “I would like to extend my sincere thanks and appreciation to KFH-Bahrain for allocating these exceptional prizes that contribute to changing the lives of customers for the better. I would also like to commend the Bank’s efforts in providing an integrated banking experience, which reflects its commitment to serving customers to the fullest, in addition to providing them with great opportunities to win valuable cash prizes.”
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 for a minimum of 30 days. 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” and “Our Cards”, in addition to the JAZEEL prize, which is awarded to clients who open both JAZEEL and Libshara investment savings accounts.
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 under the age of 18 years old, parents or legal guardians can open an account on their behalf using KFH Jazeel Banking App without the need to visit the branch. The account enables customers to receive annual profit rates distributed monthly, as well as doubling their chances of winning grand prizes when investing in higher amounts and for longer periods.
About Kuwait Finance House, Bahrain
Kuwait Finance House-Bahrain provides Islamic commercial and investment banking services. Established in 2002 as a wholly owned subsidiary of Kuwait Finance House (Kuwait) -- an industry leader for 40 years -- KFH-Bahrain specializes in developing and bringing to market the highest quality Islamic compliant banking and investment products, all of which are delivered by a staff of experienced and dedicated professionals with a deep understanding of the market and the clients we serve.
© Press Release 2021
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