Kuwait Finance House – Bahrain (KFH – Bahrain) announced Mr. Yazid Salaheddin Fareed as the grand prize winner of $100,000, in the Libshara draw for the month of February, which was held virtually on Thursday 10th March 2022.

During the draw, the names of the monthly prize winners were announced. The prizes included the monthly grand prize of $100,000, 20 cash prizes totalling $20,000, as well as 50 prizes worth $500 each within the special segments.

Commenting on the occasion, Mr. Hamed Mashal, Head of Retail Banking at the Bank said: “We would like to congratulate Mr. Yazid Salaheddin and all the winners of the second Libshara account prize draw for the year 2022. We look forward to providing our valued customers with chances to win valuable cash prizes, including the mega prize of USD 500,000, and would like to encourage everyone to open a Libshara account to increase their investment period and get the chance to join the list of lucky winners in the upcoming draws.”

Mr. Yazid Salaheddin winner of the monthly grand prize commented: “The news of winning the monthly grand prize was a pleasant surprise to my family and myself, this will surely create a positive impact on our lives. I would like to extend my thanks and appreciation to the Bank for its tremendous efforts in providing quality banking services and products. The prize will undoubtedly encourage me to increase my investment in the Libshara account for a chance to win more prizes during the year. I would like to encourage everyone to invest in this investment saving scheme, which is one of the best savings accounts in the banking sector within the Kingdom,”

It is worth noting that the Libshara Investment Savings Account continues its successful journey in the year 2022, with two grand prizes worth $500,000 each, in addition to 10 cash prizes worth $100,000 per winner, as well as 20 monthly cash prizes worth $1,000 and 50 cash prizes worth $500 each within the special segments which include “Our Women”, “Our Children”, “Our Savers”, “Our Credit Cards”, as well as “Libshara Digital” for customers who open a KFH-Bahrain account through any of the digital channels, such as the KFH JAZEEL app, which is available on the Apple App and Google Play Stores.

All subscribers to the Libshara account can enjoy rewarding opportunities to win grand and monthly prizes and special category prizes, in which customers can qualify with every BD 50 or its equivalent in US Dollars saved for a period of no less than 30 days. In addition to the above, customers who are included in the exclusive Libshara loyalty program will have the opportunity to double their chances of entering the grand prize draws up to three times, when they increase the amount and period of saving within the account.

Libshara savings accounts can be opened by all individuals and institutions in the Kingdom of Bahrain and citizens of the GCC. Minors are able to have a Libshara savings account to educate them on the importance of saving and provide parents with the means to invest for their children. Minors will require consent and authorization from their parents or legal guardians to be able to open an account on their behalf.