Kuwait Finance House-Bahrain announced Ms. Khulood Abdulrazaq Mohamed as the $100,000 Monthly Grand Prize Winner of the Libshara Investment Savings Account draw for the month of July 2023. 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). In addition to the Grand Prize, the monthly prize winners were also announced, including 20 prizes worth a total of $20,000 and 40 prizes for Libshara’s special segments worth $500 for each winner.

Mr. Hamed Mashal, Executive Manager - Head of Retail Banking at KFH – Bahrain, congratulated the winner, “It brings me immense pleasure to congratulate Ms. Khulood Abdulrazaq Mohamed on being the winner of the Libshara July Grand Prize. I also want to congratulate all the winners of the monthly prizes for July along with the winners of the special segments draw. Every one of our customers is invaluable to us and the Libshara Investment Savings account is just one of the many ways we strive to express our gratitude. We are constantly exploring innovative ways to reward our customers, and this prize draw is part of our ongoing commitment to ensure that KFH-Bahrain’s customers are always rewarded.”

On her end, Ms. Khulood Abdulrazaq Mohamed expressed “I am beyond grateful to be the winner of this month's Grand Prize. I never felt I could win such a big prize and I owe it all to the Libshara account. I would like to thank KFH-Bahrain for giving me the opportunity to be a part of this and I recommend that everyone opens a Libshara account, it's a great way to save while standing the chance to win in the monthly prize draws.”

The Libshara Savings Investment Account is designed to provide a rewarding experience for all clients, both within and outside the Kingdom of Bahrain, aged 18 years and above. Minors can also open their own Libshara savings account under the guidance of a parent or legal guardian.

With Libshara, account holders can unlock rewarding opportunities to win outstanding prizes. The prize structure includes grand, monthly and special segments prizes, providing multiple opportunities for customers to be rewarded. To participate, customers must have a minimum savings balance of BD 50 or its equivalent in US Dollar in their Libshara accounts for at least 30 days. Clients can triple their chances of winning the Mega Prize of $500,000 by increasing the investment period of their Libshara account.