Latest news with #AlBarakatGrandPrize
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
06-02-2025
- Business
- Daily Tribune
Al Baraka Islamic Bank celebrates Winners of Al Barakat grand prize for December 2024
Al Baraka Islamic Bank (AIB), a leading Islamic financial institution in the Kingdom of Bahrain, has announced the winners of the Al Barakat Grand Prize for December 2024, totalling USD600,000. Two prizes of USD300,000 each were awarded to both Sabah Khamis Isa and Adel Mohammed Jameel during an eventful ceremony held at the bank's headquarters in Bahrain Bay. Dr. Adel Salem, the Bank's CEO and management members greeting the winners. The bank also revealed the date for the first draw of the Al Barakat Grand Prizes in 2025, amounting to USD500,000, which will take place on March 3, with two winners each receiving USD250,000. Al Barakat account serves to enhance the spirit of appreciation and respect between the bank and its customers, as it highlights the bank's commitment to providing tangible added value to customers and its dedication to introducing rewarding incentive schemes that encourage clients to continue investing and saving experience aimed at fulfilling their financial hopes and ambitions, thereby enhancing customer loyalty and trust in the bank. At the same time, Al Baraka Islamic Bank is preparing to announce more details on the Al Barakat account scheme for 2025, including larger prizes that reflect the diverse aspirations and needs of customers. The bank is keen to offer innovative investment platforms along with additional prizes that align with customers' expectations, ensuring it remains at the forefront of leading Islamic banks in the Kingdom of Bahrain. On this occasion, Mazin Dhaif, Chief Retail Officer at Al Baraka Islamic Bank, stated: 'We are pleased to announce the winners of the Al Barakat Grand Prize for the month of December. We take pride in offering attractive prizes that reflect our deep commitment to our customers. The Al Barakat account embodies our vision of enhancing our customers' banking experience and meeting their needs and aspirations.' It is worth noting that the minimum deposit of BD50 in the Sharia-compliant Al Barakat account provides customers with the chance to win rewarding cash prizes.
