Kuwait Finance House – Bahrain (KFH – Bahrain) announced Mr. Mohamed Abdulla Hasan as the grand prize winner of $100,000 for the month of November alongside other winners of the monthly prizes under the Libshara Shari’a-compliant investment savings account draw.

The Libshara draw was held virtually on Thursday, the 9th of December in compliance with the guidelines set by the Ministry of Industry, Commerce and Tourism (MOICT). The winners of the monthly draw were announced including the winner of the grand prize worth $100,000, the 20 winners of the $1,000 monthly prizes, as well as the 50 winners as part of Libshara special segments with prizes worth $500 for each winner.

Commenting on the prize, Mr. Hamed Mashal, Head of Retail Banking at KFH–Bahrain said: “We would like to express our warmest congratulations to Mr. Mohammed Abdulla on his win of the grand prize as well as all of our other category winners for the month of November. Our Libshara investment saving scheme has always been at the forefront when offering the best and wide range of prize offerings, as well as encourage and educate customers on the importance of saving and investing.”

On the occasion of his win, Mr. Mohamed Abdulla commented: “I would like to thank Allah for blessing my family and me with this amazing news. I am very grateful to have won this exceptional grand prize and would like to extend my appreciation and gratitude to KFH – Bahrain for the ongoing efforts exerted by the bank in offering banking services and products that benefit our community as a whole.”

The Libshara savings account continues to enrich customers’ lives with lucrative chances to win, whereby customers can qualify to enter the draw upon depositing BD 50 a month or the equivalent in US Dollars, or through loyalty programme double or triple their chances of winning in upcoming draws the longer they save, in addition to obtaining annual profit rates distributed on a monthly or annual basis.

The Libshara account draws provide customers with chances of winning monthly prizes of $100,000, in addition 20 monthly cash prizes of $1,000 and 50 other monthly prizes worth $500 within the special segments of “Our Women”, “Our Children”, “Our Savers”, “Our Cards”, as well as JAZEEL prizes for customers who open Libshara and KFH Jazeel accounts.

All customers and individuals can now open Libshara accounts using the KFH Jazeel Banking App without the need to visit any of the branches. A Libshara account can also be opened by all individuals and institutions from the Kingdom of Bahrain and citizens from the GCC. As for minors, they will require consent and authorization from their parents or legal guardians to be able to open an account on their behalf.