Ithmaar Bank, a Bahrain-based Islamic retail bank, announced that it has distributed more than US$2,000,000 in prizes to 3,540 winners as part of its Thimaar Gold Rush campaign.

The Gold Rush campaign, which was launched in October  last year, is part of the Bank’s prize-based savings account, Thimaar, which offers customers chances to win gold and cash prizes, as well as anticipated monthly profits and free life takaful as added incentives to save.

“In line with Ithmaar Bank’s commitment to continuously improving its products and services while growing closer to customers, the Thimaar offering is revised and improved every year,” said Ithmaar Bank General Manager, Retail and Private Banking, Abdul Hakeem Al Mutawa. “This year, we presented cash and gold prizes to 996 monthly winners, four quarterly winners and 500 Eid winners, as well as 1,440 Junior monthly winners and 600 Eid Junior winners,” he said.

“This year, with the gold prizes, Thimaar has brought so much joy and happiness to our customers,” said Al Mutawa. “Gold holds special importance to many of us, and it is also another way of saving and investing for the future,” he said.

During the latest Thimaar draws, which were held at Bank headquarters in Seef district, the heirs of Bahraini winner Shareefa Abdulla won a kilogram of gold in the quarterly draw. Another 82 Thimaar account holders won USD1,000 each, 120 Thimaar Junior winners won USD250 each and an Ithmaar account holder won 200 grams of gold. Thimaar draws were held under the supervision of a Ministry of Industry and Commerce representative as well as internal auditors and external supervisors, BDO (Bahrain).