KFH-Bahrain Announces First ‘Libshara’ Winners of 2018

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Kuwait Finance House – Bahrain (KFH-Bahrain) announced the first batch of ‘Libshara’ winners for 2018 at its headquarters located in the Bahrain World Trade Centre. The draw was held under the supervision of the Ministry of Industry, Commerce and Tourism and in the presence of several officials from KFH-Bahrain.

The January 2018 winners included Yousif Hussain Al Maliki who received the grand prize of USD50,000; Saeed Jaber Al Marri and Ebrahim Juma Al Noaimi who each won a cash prize of USD10,000; while Abdulla Mohamed Al Musalam and Iftikhar Ahmed Khaksar both won a cash prize of USD5,000 each. An additional 80 winners also received various other cash prizes.

The ‘Libshara’ campaign will reward winners with luxury apartments located at Marrasi Al Bahrain, a leading project in Diyar Al Muharraq. Also, an additional 85 winners will benefit from monthly prizes worth USD140,000; this includes a grand prize of USD50,000; two prizes of USD10,000; and two prizes of USD5,000. Furthermore, 40 winners will receive USD1,000 each and ten winners from the ‘special’ accounts categories, namely ‘Our Ladies’, ‘Our Children’, ‘Our Savers’ and ‘Our Cards’ – will receive USD500 each.

The ‘Libshara’ Savings Investment Account is a Sharia’a compliant savings scheme that offers clients valuable monthly prizes. For every BD50 or its equivalent in USD saved for a period of 30 days prior to the end of the month, clients are entitled to enter the raffle and can increase their chances of winning one of the many exciting prizes. An investment period of 90 days is equal to one chance at entering the raffle draw, whereas 180 days gives two chances and 360 days is three chances.

The ‘Libshara’ Savings Investment Account is available to citizens and residents of the Kingdom of Bahrain and the GCC who are 18 years and above or by a legal guardian on behalf of a minor. It is also available to establishments and corporations. The account can be opened in Bahraini dinars or US dollars.