Kuwait Finance House – Bahrain (KFH-Bahrain) has announced Mr. Mohamed Abdulrahman Al Shaikh as the June 2019 Grand Prize winner of a luxury furnished apartment at Durrat Marina, alongside 60 winners of the June draw for the ‘Libshara’ Savings Account. The draw took place at KFH-Bahrain’s headquarters located at Bahrain World Trade Centre under the supervision of several representatives from the Ministry of Industry, Commerce and Tourism and members from the Bank’s management team.

On the occasion, Mr. Khalid Al Marrafi, Executive Manager and Head of Retail Banking Group at KFH-Bahrain, said, “We are delighted to announce Mr. Mohamed Al Shaikh as the third winner of the luxury furnished apartment at Durrat Marina. With only 3 apartments left, we encourage everyone to take this opportunity to invest in ‘Libshara’ in order to qualify to enter the draw and increase their chances of winning a luxurious apartment in a sea-front residence.”

Mr. Mohamed Abdulrahman Al Shaikh expressed his happiness and joy towards this unexpected award, revealing, "I cannot express my feelings when I received the surprising congratulatory call. I was in the middle of a work meeting, and did not expect the call that changed my future. This new luxury apartment is the perfect first prize for myself and I am truly thankful to KFH-Bahrain. I have previously recommended all my friends and family, and would like to continue encouraging everyone to increase the amount invested in ‘Libshara’ and wish them the best of luck in the draws to come.”

“Libshara” is a Sharia-compliant account that provides customers incredible opportunities to win a variety of valuable prizes including grand and monthly prizes, in addition to special categories. “Libshara” saving account customers will automatically enter monthly draws upon saving an amount of BD50 or its USD equivalent for a minimum period of 30 days; where each customers’ chances of winning are increased according to the length of period invested, receiving 2 chances for a 180-days investment, and 3 chances for a 360-days investment accordingly.

The 2019 Libshara prizes include, 6 grand luxury apartment prizes at Durrat Marina, 6 grand cash prizes of $50,000, as well as sixty monthly winners receive an amount of $500 each for the special segments “Our Women, Our Children, Our Savers, Our Cards”. In addition, KFH Jazeel Banking account holders with Libshara accounts have been added as a special segment. Moreover, KFH has also collaborated with VIVA Telecommunications Company to present 10 monthly vouchers worth $500 for Small and Medium Enterprises upon spending BD50 or more on corporate services, in addition to other cash prizes.

The ‘Libshara’ Savings Investment Account is available for all corporate clients inside and outside the Kingdom of Bahrain, as well as individuals of Bahraini citizens or GCC citizens at 18 years of age or older. Minors are also eligible with support of their parents or legal guardians. A “Libshara” account can be opened online through the “KFH Jazeel Banking” mobile app or via any branch. “Libshara” ensures its account owners that the profit rates will be distributed on a monthly basis, and increased chances of winning grand prizes by increasing deposits for longer periods.