Kuwait Finance House – Bahrain (KFH-Bahrain) announced Mr. Adel Mohammed Sarea as the winner of the first luxury apartment in Marassi Al Bahrain in the second draw of ‘Libshara’ Investment Savings Account campaign.

The draw was held on Wednesday 6th September 2017 at the KFH-Bahrain headquarters located in the Bahrain World Trade Centre under the supervision of the Ministry of Industry, Commerce and Tourism and in presence of several officials from KFH-Bahrain.

Executive Manager and Head of Retail Banking Group at KFH-Bahrain, Mr. Khalid Rafea said: “We would like to congratulate Mr. Adel Sarea, the winner of the second draw of our ‘Libshara’ campaign. In addition to the luxury apartment in one of Bahrain’s leading real estate projects, Marassi Al Bahrain, Mr. Adel Sarea will also enjoy the complimentary access to Marrasi Al Bahrain’s beach as well as future direct accessibility to Marassi Galleria Mall once it is constructed.”

“With 8 remaining luxury apartments and valuable cash prizes, we would like to extend our best wishes to future winners in the upcoming draws. It is our pleasure to invite everyone to increase their deposits and investment period to increase their chances of winning many exciting prizes,” he added.

Further commenting on the draw, the winner of the Marassi Al Bahrain apartment added: “Since I started saving with ‘Libshara’, I had always dreamt about winning the grand prize. I would like to thank KFH-Bahrain for giving me this opportunity and I advise everyone to start investing with ‘Libshara’ Account so they can win such valuable prizes.”

During the campaign, KFH will reward nine winners with luxury apartments located at Marrasi Al Bahrain, a leading project in Diyar Al Muharraq. 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.