KFH-Bahrain Announces Mr. Fuad Mohamed Ali Libshara’s Grand Prize Marassi Al Bahrain Apartment Winner

283

Kuwait Finance House – Bahrain (KFH-Bahrain) announced Mr. Fuad Mohamed Ali as the ‘Libshara’ Grand Prize winner of the luxury apartment in Marassi Al Bahrain for June 2018. The draw took place at the KFH-Bahrain headquarters located in Bahrain World Trade Centre under the supervision of the Ministry of Industry, Commerce and Tourism. The apartment handover ceremony was held at the Marassi Al Bahrain Sales Office, in Diyar Al Muharraq, in the presence of representatives from KFH-Bahrain and Marassi Al Bahrain.

Executive Manager of Retail Banking Group at KFH-Bahrain, Mr. Khalid Rafea said: “We would like to extend our congratulations to Mr. Fuad Mohamed Ali for winning the luxury apartment at Marassi Residences located in Marassi Al Bahrain. We continue to strive to create more opportunities for our loyal customers through our promotional campaigns, which come in line with our annual vision of rewarding our customers with the best campaigns in recognition of their loyalty and support.”

On the occasion of his win, The Grand Prize winner Mr. Fuad Mohamed Ali said, “This win came as a surprise to me as I invested all of my retirement savings in ‘Libshara’ account since 2016. I had specifically chosen KFH because of the abundance of prizes offered in comparison to other banks in the local market, in addition to the fact that the account provided monthly returns. I would also like to take this opportunity to invite all KFH customers to open the ‘Libshara’ account for the chance to win the Grand Prize, as I am fully convinced that these draws will reward many with the valuable prizes on offer.”

For the duration of the ‘Libshara’ campaign, KFH is awarding significant prizes to the winners, including 9 luxury apartments in the prestigious real estate development ‘Marassi Al Bahrain’ located at Diyar Al Muharraq and cash prizes worth $140,000 for 85 winners split into two grand prizes worth $50,000, two prizes worth $10,000 and 2 additional prizes worth $5,000. Additionally, 40 winners will receive $1,000 each and ten winners from Libshara’s special categories – namely ‘Our ladies’, ‘Our Children’, ‘Our Savers’ and ‘Our Cards’ – will receive $500 each.

KFH has also recently launched their new ‘Jazeel’ platform which includes a feature which allows all citizens and residents of the Kingdom to open a ‘Libshara’ account without requiring them to visit the branch.

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 one month 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 three months is equal to one chance at entering the raffle draw, whereas six months gives two chances and nine months to a year will offer 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 also allows the customers to receive annual profits distributed monthly.