Kuwait Finance House announces Final ‘Libshara’ Grand Prize for 2017

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Mr. Khalid Rafea with the winner Mr. Ebrahim Bukhamas

Kuwait Finance House – Bahrain (KFH-Bahrain) announced Mr. Ebrahim Saad Bukhamas as the lucky winner of a luxury apartment in Marassi Al Bahrain, as part of the third ‘Libshara’ Grand Prize for 2017. The draw took place last December at the KFH-Bahrain headquarters located in Bahrain World Trade Centre under the supervision of the Ministry of Industry, Commerce and Tourism and in the presence of several officials from KFH-Bahrain.

Executive Manager and Head of Retail Banking Group at KFH-Bahrain, Mr. Khalid Rafea said: “We are thrilled to present the final Grand Prize for 2017 as part of the ‘Libshara’ Saving Investment Accounts. We would like to extend our congratulations to Mr. Ebrahim Saad Bukhamas for winning the luxury apartment in Marassi Al Bahrain. This is in line with our commitment to provide the best banking products and financial services in the market, and we look forward to rewarding our loyal customers with many valuable prizes in 2018 through various promotional campaigns.”

The winner of the grand prize, Mr. Ebrahim Bukhamas, said: “Firstly I would like to thank Allah for this blessing, which is beyond anything I could have imagined. When I received the call by from the bank, I did not expect I would be the winner of the grand prize. However, I was surprised by announcing that I have won a luxury apartment at Marassi Al Bahrain, and of course I received the news with the utmost joy and gratitude. Libshara is one of the best saving schemes in the local market, and I wish the rest of the customers all the best. In addition, I would like to extend my sincere appreciation to the management and staff of Kuwait Finance House – Bahrain for their tireless efforts and keenness to always provide the best products and services for the Bank’s customers.”

During the 2017 Libshara campaign, KFH awarded significant prizes to the winners, including 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 $50,000, $10,000 and $5,000 sums. Furthermore 40 winners received $1,000 each and ten winners from Libshara’s special categories – namely ‘Our ladies’, ‘Our Children’, ‘Our Savers’ and ‘Our Cards’ – received $500 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 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 one year 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.