As part of the new Ma'ashi Salary Account, Kuwait Finance House-Bahrain has announced the first 10 winners of the $25,000 Ma'ashi Monthly Draw for the month of August 2023, each receiving a total of $2,500. The Bank's internal and external auditors attended the Ma'ashi prize draw, along with a representative from the Ministry of Industry and Commerce (MOIC).

Mr. Hamed Mashal, Executive Manager - Head of Retail Banking at KFH-Bahrain, stated, “My warmest congratulations go out to all of the lucky winners of the Ma'ashi prize draw for the month of August. We want to encourage all employees in Bahrain to open a Ma'ashi account giving them the opportunity to be one of the winners of our cash prizes totalling $500,000 in addition to many features”.

He added, “At KFH-Bahrain, we always look for ways to better help our clients achieve their financial goals. Aside from the prize draws, the new Ma'ashi Salary Account offers many benefits including partial early salary withdrawals with no fees. As one of the leading Islamic banks in Bahrain, we unwaveringly pledge to empower every client with tailored financial solutions that resonate with their aspirations. Our commitment isn’t just about service, it's a driving force towards advancing financial inclusivity and elevating the prosperity of the entire Kingdom.”

Bahraini employees will be able to open a Ma’ashi account with no account opening fees nor minimum monthly balance requirement. Account holders who transfer their monthly salaries to the Ma’ashi accounts in Kuwait Finance House-Bahrain will have access to a wide range of exclusive benefits and special features, including early salary withdrawal with no fees at 0% APR with the option of choosing any withdrawal date and time.

In addition, Ma’ashi account holders will be enrolled in an exclusive monthly prize campaign with a total prize pool of $500,000. In order to be eligible for the draws, account holders need to fulfill the sole requirement of transferring their salary to the Ma’ashi account in KFH-Bahrain. Over time, customers will be able to increase their chances of winning through Ma’ashi salary account’s loyalty program, which rewards customers based on the duration by which their salary will be transferred to the bank in addition to the average account balance maintained during the year. In parallel, Ma’ashi clients can qualify to get access to discounted rates on several of KFH-Bahrain’s personal and auto financing products, as well as special discounts at retail shops and outlets.