Latest news with #AlBarakaIslamicBankBahrain
Daily Tribune
04-07-2025
- Business
- Daily Tribune
Al Baraka Islamic Bank announces winner of July's AlBarakat grand prize totalling $120,000
Al Baraka Islamic Bank Bahrain, one of the leading Islamic banks in the Kingdom of Bahrain, has recently announced the winner of the Al Barakat Grand Prize for July 2025. Fadhel Mohamed Al Attar has won a monthly salary of USD 10,000 for an entire year, totalling USD 120,000, through the bank's monthly draws held for customers of the Al Barakat Investment Account. The draw for the July 2025 Grand Prize took place on Wednesday at the Bank's headquarters in Bahrain Bay, in the presence of the Bank's marketing team, internal and external auditors, and under the supervision of the Ministry of Industry and Commerce. This July Grand Prize comes as part of the leading 'Al Barakat' Prize Scheme, through which Al Baraka Islamic Bank continues to offer valuable cash prizes to its customers throughout the year. The Al Barakat Grand Prizes for this year comprise various awards, making it one of the most attractive scheme with a total of USD 4 million in prizes. Additionally, the Bank organised a surprise special draw under the 'Al Barakat' programme, where 40 lucky customers each won cash prizes of USD 400, amounting to a total of USD 16,000. Mazin Dhaif, Chief Retail Officer at Al Baraka Islamic Bank, said, 'We are proud to continue offering the Al Barakat Prizes, which have become a distinctive feature in Bahrain's banking market. Through this unique scheme, we have succeeded in bringing joy to thousands of customers over the past years and enabling them to realise their financial aspirations. Today, we are pleased to announce the winner of the July Grand Prize and extend our warmest congratulations and best wishes to him and all the winners.' Al Barakat Investment Account from Al Baraka Islamic Bank, compliant with Sharia principles, offers numerous chances to win outstanding cash prizes throughout the investment period, with a minimum deposit requirement of BD 50 or approximately USD 135. Individuals of all nationalities over the age of 18 can open an Al Barakat Investment Account through Al Baraka Islamic Bank's mobile application without needing to visit a branch. Accounts can also be opened for those under 18 by their parents or legal representatives.
Daily Tribune
26-06-2025
- Business
- Daily Tribune
Cash prizes for 50 winners totalling BD 14,000 Al Baraka Islamic Bank launches
Al Baraka Islamic Bank Bahrain, one of the leading Islamic banks in the Kingdom of Bahrain, has announced the launch of its new summer promotional campaign for credit cardholders. Running until 20 October, 2025, the campaign features three grand draws offering generous prizes to 50 winners with cash prizes totalling BD 14,000, in addition to 200,000 loyalty points. Customers participating in this exciting campaign will have the chance to win cash prizes and reward points when using their credit cards locally, internationally, or online for a minimum sum of BD300 for local transactions, and BD700 for international or online transactions in foreign currencies excluding Euro. The summer promotional campaign includes cash prizes totalling BD 14,000 for 50 winners, in addition to 200,000 reward points distributed to eligible customers based on their local and international credit card spending. Customers are automatically entered into the draw upon achieving the minimum qualifying spending amount, with one entry for every BD50 spent during the campaign period. Customers who meet all eligibility criteria will also qualify to enter the three draws and win each, giving them a chance to triple their wins during the campaign period. Mr. Mazin Dhaif, Chief Retail Officer at Al Baraka Islamic Bank, stated, 'At Al Baraka Islamic Bank, we provide real value to our customers through innovative programs and initiatives that meet their daily needs and offer greater rewards. Our summer credit card campaign is part of this commitment, offering a distinct mix of cash prizes and loyalty points to enhance the customer experience and support their financial goals.' It is important to note that Al Baraka Islamic Bank's credit cards are fully Shari'a-compliant and come with numerous exclusive benefits. These include no salary transfer requirement, no annual fees, and the Al Baraka Rewards Program, which allows points to be redeemed for global travel and accommodation offers, free access to airport lounges worldwide, and other unique perks.
Daily Tribune
06-06-2025
- Business
- Daily Tribune
Al Baraka Islamic Bank launches home check-in service for World Elite Mastercard holders
Al Baraka Islamic Bank Bahrain, one of the leading Islamic banks in the Kingdom of Bahrain, is proud to announce the exclusive launch of the innovative Home Check-in Service for its valued World Elite Mastercard holders. This pioneering service enables customers to check-in their baggage and receive their boarding pass from the comfort of their home before boarding any Gulf Air flight, marking the first of its kind offered by a Bahraini bank. This unique initiative aligns with Al Baraka Islamic Bank's keenness to deliver diverse and distinguished services that enhance customer experience, catering to their need for comfort and luxury during travel. Developed in collaboration with Hala Bahrain, the service allows World Elite Mastercard holders to pre-book baggage check-in. A dedicated Hala Bahrain team will then visit the customer's residence to collect their luggage and complete all necessary shipping procedures, ensuring a seamless and hassle-free journey to the airport. Customers can simply visit the dedicated online platform and complete the required form at least 48 hours prior to their travel date. The Hala Bahrain team will follow up to coordinate the baggage pickup from the customer's home and issue the boarding pass. It is worth noting that this new service represents a significant addition to the range of exclusive privileges offered by the Al Baraka Islamic Bank World Elite Mastercard credit card in collaboration with Hala Bahrain, most notably free access to the luxurious Awal Private Terminal Lounge at Bahrain International Airport. Commenting on this new offering, Mazin Dhaif, Chief Retail Officer at Al Baraka Islamic Bank, stated, 'We are proud to be the first bank in Bahrain to introduce this exclusive home check-in service in partnership with Hala Bahrain. It represents a significant step forward in providing superior services that surpass expectations and add genuine value to our customers' travel experience.' He continued, 'Delivering innovative solutions is part of our responsibility to enhance our customers' quality of life. This service embodies our commitment to our valued customers, embracing digital transformation in all valued added services that we provide as well as offering a comprehensive, convenient banking experience.' Dhaif added, 'We remain dedicated to developing more modern initiatives that meet our customers' aspirations and ensure their utmost comfort, reinforcing Al Baraka Islamic Bank's leading position in Islamic banking.' Al Baraka Islamic Bank is a leading Islamic bank in the Kingdom of Bahrain. Since its establishment in 1984, it has delivered outstanding results in operations and services for both individual and corporate clients. The bank has a proven track record of developing and providing innovative Shari'a-compliant investment solutions to a diverse global client base.
Daily Tribune
20-05-2025
- Business
- Daily Tribune
Al Baraka Islamic Bank names Ebrahim Abdullah as winner of Half-a-Million USD
Al Baraka Islamic Bank Bahrain, one of the leading Islamic banks in Bahrain, has announced the winner of the May 2025 alBarakat Grand Prize. Mr. Ebrahim Ahmed Abdulla has been awarded a monthly salary of totalling $500,000 on the span of four years. The draw for the May 2025 alBarakat Grand Prize was conducted in the presence of bank officials with internal and external auditors, under the supervision of the Ministry of Industry and Commerce. The winner was announced and honoured during a special ceremony held on Wednesday, 14 May, at the bank's headquarters in Bahrain Bay. This month's Grand Prize is part of the ongoing alBarakat Awards, which exemplify the bank's commitment to offering valuable prizes throughout the year. The initiative aims to provide customers with an exceptional banking experience that aligns with their aspirations and ambitions. The 2025 alBarakat Grand Prizes total $4 million, making them the largest of their kind. The upcoming Grand Prizes draws are scheduled for June and July, featuring monthly salaries of $10,000 for one year, totalling $120,000, awarded to one lucky winner in each draw. Dr Adel Salem, CEO of Al Baraka Islamic Bank, stated, "Congratulations to Mr Ebrahim Ahmed Abdullah and his family on winning the May 2025 Grand Prize. We wish all our customers the best of luck in upcoming draws, which will feature more valuable prizes to enrich their lives and help realise their financial goals." Mr Mazin Dhaif, Chief Retail Officer, commented, "We are delighted to continue offering alBarakat Grand Prizes as a token of appreciation for our customers' trust and loyalty. Congratulations to Mr Ebrahim Abdullah on winning the May Grand Prize which is a monthly salary for four years, totalling $500,000, wishing him the very best.' He continued, 'We anticipate the coming months for more valuable prizes and encourage everyone to participate and increase their chances of winning by investing or maintaining higher balances in their alBarakat accounts." On his part, Mr. Ebrahim Ahmed Abdullah expressed his delight at winning the prize, thanking Al Baraka Islamic Bank for the honor and encouraging others to open and invest in the alBarakat Account, highlighting its excellent savings benefits and multiple opportunities to win valuable prizes throughout the year. Compliant with Islamic Sharia principles, alBarakat Account provides numerous opportunities to win cash prizes throughout the investment period by depositing a minimum of BD50 or USD135.
Daily Tribune
15-05-2025
- Business
- Daily Tribune
Al Baraka Islamic Bank joins Al Helli supermarkets in celebrating golden jubilee
Al Baraka Islamic Bank Bahrain, a leading Islamic financial institution in the Kingdom, has recently announced the launch of a special promotional campaign to join Al Helli Supermarkets in celebrating their Golden Jubilee, marking 50 years since their establishment in the Kingdom of Bahrain in 1975. The promotional campaign will start May 15th and will run until June 15th. During this period, Al Baraka Islamic Bank will select 50 customers by draw to win a full cashback refund on their purchases made in Al Helli Supermarkets using Al Baraka Mastercard credit cards, up to a maximum of BD200, provided they spend at least BD50 per transaction during the promotional period. On this occasion, Mr. Mazin Dhaif, Chief Retail Officer at Al Baraka Islamic Bank, stated: 'We are delighted to join Al Helli Supermarkets in celebrating their Golden Jubilee and 50 years of successful operations in the Kingdom of Bahrain, through the launch of this exclusive promotional campaign. This initiative gives our valued Mastercard credit cardholders rewarding opportunities to win full cashback on their purchases when using their cards in any branch of Al Helli Supermarkets across Bahrain. This campaign affirms that the strategic partnership between Al Baraka Islamic Bank and Al Helli Supermarkets extends beyond this promotional initiative, ensuring that the relationship remains ongoing and continues to evolve through future joint projects and offers.' He added: 'This initiative is part of Al Baraka Islamic Bank's strategy to strengthen our relationships with partners and expand the scope of our services. The Bank is always keen to offer unique promotions that meet the aspirations of our customers and provide them with opportunities to win exclusive rewards. Our partnership with Al Helli Supermarkets is an example of our commitment to providing exceptional shopping experiences and greater value to our loyal customers, by expanding our network of partnerships and collaborating with leading commercial organisations in the Kingdom. We invite all our valued customers to seize this opportunity and benefit from this valuable promotional campaign, making their shopping experience during this period both rewarding and profitable at Al Helli Supermarkets.' For his part, Mr. Ammar Al Helli, Chairperson of Al Helli, said: 'We are proud of our 50-year journey serving the Bahraini community through our network of Al Helli Supermarkets branches located throughout the Kingdom, where we provide a comprehensive shopping experience and offer a wide range of high-quality products to our valued customers.' He added: 'As we celebrate 50 years since the founding of Al Helli Supermarkets, we are pleased to collaborate with Al Baraka Islamic Bank in launching this special promotional campaign, providing our valued customers with a rewarding and profitable shopping experience. We welcome all customers visiting Al Helli Supermarkets to benefit from this valuable campaign and look forward to serving all our valued customers and meeting all their shopping and product needs.' Al Helli Supermarkets began its journey in 1975, starting as a small shop and growing to become one of the most prominent and successful institutions in the retail sector in the Kingdom of Bahrain, now boasting 14 branches across the Kingdom.
