As part of the prize draws for the Libshara investment savings account for the month of December, Kuwait Finance House (KFH) – Bahrain announced Mr. Abdulrahim Al Awadhi as the second mega prize winner of $500,000 for the year 2022. KFH – Bahrain also announced the launch of the new edition of the Libshara prizes for the year 2023, which includes new and many opportunities for customers to win many valuable monthly cash prizes.

The second Libshara mega prize draw for the year 2022 took place in the presence of the Bank’s internal and external auditors, in addition to a representative from the Ministry of Industry and Commerce (MOIC). The monthly prize winners were also announced including 40 prizes worth a total of $20,000 and 50 prizes worth $500 each for Libshara special segments.

The Libshara savings account this year will continue to provide customers with the chance of winning two mega prizes worth $500,000 for each winner during the June and December draws, in addition to 10 cash prizes worth $100,000 for each winner, 20 monthly cash prizes worth a total of $20,000, in addition to quarterly prizes worth $15,000 each. KFH – Bahrain will be dedicating 40 cash prizes worth $500 for each of the special segments, which include “Our Women”, “Our Children”, “Our Savers”, in addition to this year’s newly launched segment, “Our Newborns” for Libshara customers under the age of two of cash prizes amounting to $60,000.

Commenting on the occasion, Mr. Hamed Mashal, Head of Retail Banking at KFH – Bahrain, said: “Firstly, we are pleased to congratulate Mr. Abdulrahim Al Awadhi for winning the second mega prize of 2022, which amounts to half a million US Dollars, and would also like to extend our congratulations to all the winners of the special segments categories for the month of December, concluding a year filled with valuable prizes. We would like to take this opportunity to announce the launch of the new Libshara campaign for the year 2023, which is considered an extended success of previous campaigns over the past years. As part of our committed efforts to develop all our products and services, we have added a new category, which is “Our Newborns” segment aimed at increasing our customers’ chances of winning. This step comes as part of our efforts to encourage all new and existing customers to invest and save within the Libshara account to get the chance to win during the monthly draws throughout the year.”

On his end, Mr. Abdulrahim Al Awadhi, the winner of the second mega prize of 2022 said: “I am beyond delighted to have won the annual mega prize as part of the Libshara draw. This marks a wonderful conclusion to the year and a significant start to 2023 that has helped change not only my life, but my family members as well. On this occasion, I would like to express my gratitude and appreciation to all members of KFH – Bahrain for their tireless efforts in providing their customers with valuable rewards. I would also like to urge everyone to make use of this opportunity and begin investing in their Libshara accounts for the chance to win incredible cash prizes next year.”

KFH – Bahrain’s efforts remain committed towards enhancing its customers’ banking experiences and enriching their lives, by providing them with rewarding opportunities to enter and win the Libshara prize draw with every BD50 saved in their Libshara account. In addition, customers can increase their chances of winning the mega prize draw when the amount and period of investment in the account are increased.

Libshara savings account can be opened by all individuals and institutions in the Kingdom of Bahrain and citizens of the GCC ages 18 and above. Minors can open their own Libshara savings account through a parent or legal guardian. Libshara accounts are available for companies both locally and regionally, and can be opened in either Bahraini dinars or US dollars through the KFH JAZEEL app.