Kuwait Finance House – Bahrain (KFH-Bahrain) announced Mr. Abdulredha Abdulrasool Zaman as the winner of the second luxury apartment in Marassi Al Bahrain following October’s draw of the ‘Libshara’ Account. The draw took place at the KFH-Bahrain headquarters located in Bahrain World Trade Centre under the supervision of the Ministry of Industry, Commerce and Tourism and in the presence of several officials from KFH-Bahrain.

The ceremony for the handover of the prize was held at the Marassi Al Bahrain Sales office in the presence of representatives from Kuwait Finance House – Bahrain.

Executive Manager and Head of Retail Banking Group at KFH-Bahrain, Mr. Khalid Rafea said: “KFH-Bahrain continues to make its clients’ dreams come true and we would like to congratulate Mr.Abdulredha Abdulrasool Zaman for winning the second Grand Prize award of ‘Libshara’, a luxury apartment in Marassi Bahrain, one of the most prestigious real estate developments at Diyar Al Muharraq. We also look forward to having more lucky winners by investing more in the ‘Libshara’ Savings Investment Account.”

As part of 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 one month 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 three months is equal to one chance at entering the raffle draw, whereas six months gives two chances and one year 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.