MANAMA: Al Baraka Islamic Bank (AIB) has launched the new scheme of alBarakat account with prizes amounting to a total of more than BD1,000,000 for more than 600 winners.

The new scheme will offer customers the chance to win monthly prizes of: BD500, BD1,000 and BD10,000, along with the grand raffle prizes of: BD50,000, BD100,000, BD150,000 and BD300,000.

Commenting, AIB head of retail banking Fatema Al Alalawi said: “We are happy to announce alBarakat’s new scheme, which shall offer more customers the opportunity to win greater cash prizes. We also look forward to new and existing customers entering the upcoming alBarakat raffle draw through opening an account or increasing their savings balance for higher chances of winning. Additional surprises and prizes will be announced throughout the year.”

Customers of all nationalities over the age of 18 become eligible for the draws by depositing a minimum amount of BD50 or $135.

The account can also be opened on behalf of minors by their parents or their legal representatives, as well as by institutions and companies.

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