Kuwait Finance House – Bahrain (KFH-Bahrain) announced the ‘Libshara’ winners for May 2018 at its headquarters located in the Bahrain World Trade Centre. The draw was held under the supervision of the Ministry of Industry, Commerce and Tourism and in the presence of Mr. Subah Abdullatif Al Zayani, Deputy Head of Retail Banking Group at KFH-Bahrain along with several officials from the bank.

The May 2018 winners included Rabab Husain Ahmed who received the grand prize of USD 50,000; Ali Mohamed Burshaid and Mohamed Khalifa Albenjasim who each won a cash prize of USD 10,000; while Yusuf Ebrahim Aljasim and Abdulrahman Yusuf Albalooshi both won a cash prize of USD 5,000 each. In additional 80 winners also received various other cash prizes for other categories and segments.

On this occasion, Mr. Subah Al Zayani said: “We would like to extend our congratulations to Rabab Husain for winning ‘Libshara’ grand prize for May 2018. KFH-Bahrain is always committed to provide our customers with the best products and financial services to meet their banking needs. We have recently launched our new platform ‘Jazeel’ on both Apple and Google stores, which includes the feature to open a ‘Libshara’ account for all citizens and residents of the Kingdom within a few minutes, without having to visit the branch. We invite everyone to download this platform, open and invest into a Libshara savings account and stand a chance to win many more Grand Prizes of apartments and cash, as well as other monthly cash prizes.”

The Grand Prize winner, Rabab Ahmed said, “I’m very fortunate to have won this prize as it serves as motivation to continue investing in the ‘Libshara’ Savings Investment Account. I would also like to thank the bank’s employees and management for their efforts towards providing the best banking services and products within the Islamic banking sector of the Kingdom of Bahrain. I also encourage everyone to open a ‘Libshara’ account and extend the duration of their investments and the amount in order to boost their chances of becoming a monthly winner”

The ‘Libshara’ campaign will reward winners with luxury apartments located at Marrasi Al Bahrain, a leading project in Diyar Al Muharraq. Also, an additional 85 winners will benefit from monthly prizes worth USD140,000; this includes a grand prize of USD50,000; two prizes of USD10,000; and two prizes of USD5,000. Furthermore, 40 winners will receive USD1,000 each and ten winners from the ‘special’ accounts categories, namely ‘Our Ladies’, ‘Our Children’, ‘Our Savers’ and ‘Our Cards’ - will receive USD500 each.

The ‘Libshara’ Savings Investment Account is a Sharia’a compliant savings scheme that offers clients valuable monthly prizes. For every BD50 or its equivalent in USD saved for a period of 30 days prior to the end of the month, clients are entitled to enter the raffle and can increase their chances of winning one of the many exciting prizes. An investment period of 90 days is equal to one chance at entering the raffle draw, whereas 180 days gives two chances and 360 days is three chances.

The ‘Libshara’ Savings Investment Account is available to citizens and residents of the Kingdom of Bahrain and the GCC who are 18 years and above or by a legal guardian on behalf of a minor. It is also available to establishments and corporations. The account can be opened in Bahraini dinars or US dollars.