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Al Baraka Islamic Bank announces winner of July's AlBarakat grand prize totalling $120,000
Al Baraka Islamic Bank announces winner of July's AlBarakat grand prize totalling $120,000

Daily Tribune

time04-07-2025

  • 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.

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