Kuwait Finance House – Bahrain (KFH – Bahrain) conducted the September 2022 draw for the Libshara investment savings account, which aims to encourage community members to start saving through the account. Mr. Ebrahim Ahmed Almustarshed was announced as the winner of the monthly grand prize of $100, 000. In addition, the winners of the other monthly prizes were announced, as part of the draws for the Libshara investment savings account, which is compliant with the provisions of Islamic Shari’a.

The Libshara prize draw was held in the presence of the Bank’s internal and external auditors and a representative from the Ministry of Industry and Commerce (MOIC), during which the monthly grand prize winner was announced. In addition to 20 prizes worth a total value of $20,000 and 40 special Libshara categories of $500 for each winner were announced.

Commenting on the occasion, Mr. Hamed Mashal, Head of Retail Banking at KFH – Bahrain, said: “We are pleased to congratulate Mr. Ebrahim Ahmed Almustarshed on winning the monthly grand prize, and would like to congratulate the other winners of the Libshara draw for the month of September 2022. We would like to invite everyone to open a Libshara investment savings account to increase their chances of winning by doubling the amount and duration of their investments within the account, in the hopes of becoming amongst the list of winners during the upcoming draws.”

On this occasion, Mr. Ebrahim Almustarshed, said: “I was very pleased to be awarded the grand prize, and would like to take this opportunity to thank all members of KFH – Bahrain for their constant efforts in providing leading banking services and products. I would also like to encourage everyone to invest in the Libshara account to seize this exceptional opportunity.”

The Libshara Savings Account continues its journey of success during 2022, with the chance of winning the second grand prize worth $500,000, in addition to two grand prizes worth $100,000 each, 20 monthly cash prizes worth $1,000 and 50 cash prizes worth $500 each of 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 App Store and Google Play Stores.

All Libshara account holders can enjoy rewarding opportunities to win, including grand, monthly and special category prizes, where customers can get the opportunity to enter the draw with every BD 50 or its equivalent in US Dollar, saved in their Libshara accounts 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 increase their chances of entering the mega prize draws up to three times, when the amount and period of investment in the account are increased.