Tuesday, September 22, 2020

KFH-Bahrain Announces Winners of its ‘Libshara’ Savings Scheme

Kuwait Finance House – Bahrain (KFH-Bahrain) has announced the winners for the November 2017 draw of the ‘Libshara’ Savings Investment Account at the headquarters located in the Bahrain World Trade Centre on 6th of December 2017. 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 November 2017 winners included Mr. Bader Mohammed Khlaif who won the grand prize of USD50,000, Mr. Saleh Ebrahim Nassr and Mr. Saad Ali Al Romaihi who each received a cash prize of USD10,000 while Mr. Khaled Ali Abdulla and Ms. Hajer Abdulrahman Al Khan both won a cash prize of USD5,000 each. An additional 80 winners also received other various cash prizes.

“I would like to congratulate all the November winners of the ‘Libshara’ Savings scheme and encourage all our existing and new customers to invest more with us to increase their chances to win valuable prizes, including apartments in Marassi Al Bahrain, which we look forward to give it away to the next lucky winner,” said the Executive Manager and Head of Retail Banking Group at KFH-Bahrain, Mr. Khalid Rafea.

Mr. Bader Khlaif, the grand prize winner, expressed his appreciation and gratitude to KFH-Bahrain and commented that he has been banking with KFH-Bahrain for the last 15 years.

The campaign aims to 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.

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