Kuwait Finance House-Bahrain (KFH-Bahrain) announced Mr. Fahad Mohammed Alzeeri as the winner of the $100,000 Monthly Grand Cash Prize for October 2023, marking yet another milestone in the ongoing success of the Libshara Investment Savings Account draw. The Libshara prize draw was attended by representatives from the Bank, internal and external auditors, and a representative from the Ministry of Industry and Commerce (MOIC). Beyond the grand monthly prize, the Bank also unveiled the October monthly prize winners, with a total of 20 prizes valued at $20,000. Furthermore, 40 Libshara customers have been selected to receive $500 in Libshara prizes.

Mr. Hamed Mashal, Executive Manager - Head of Retail Banking at KFH – Bahrain, commented, “I would like to congratulate Mr. Fahad Alzeeri, our valued October grand prize winner, as well as to all of this month's winners. Libshara symbolizes not just a financial opportunity, but also the promise of a brighter future for our community. Through this initiative, we aim to cultivate a culture of responsible saving. It's an open invitation for everyone to embark on their financial journey with KFH-Bahrain's Libshara Investment Savings Account, where your goals can find a solid foundation.”

On his end, Mr. Fahad Alzeeri expressed, “Winning the Libshara grand prize is a dream come true. This remarkable experience not only gave me financial stability, but also reinforced the value of saving and planning for the future. I am eternally thankful to Kuwait Finance House-Bahrain for this transformative opportunity.”

All Libshara account holders can partake in the rewarding opportunities to win, grand, monthly, and special segment prizes. By maintaining a minimum balance of BD 50 or its equivalent in US Dollars in their Libshara accounts for a period of less than 30 days, customers secure their entry into the draw. Clients can also maximize their chances of winning by extending the investment period of their Libshara account.