Sharjah Islamic Bank Launches 'Millionaire Draw' Campaign for Savings Accounts with Exceptional Rewards
As part of its ongoing efforts to promote a culture of saving, Sharjah Islamic Bank (SIB) has announced the launch of its new 'Millionaire Draw' campaign, starting on 1 July 2025. The campaign is part of SIB's strategy to offer outstanding opportunities to a wide range of customers — from individuals to children and students — by providing them the chance to win valuable prizes, including substantial cash rewards and luxury cars. This initiative reflects the bank's commitment to delivering innovative and rewarding banking solutions.The campaign targets all savings account holders, offering them the chance to win major prizes in addition to their regular monthly profit payouts. Both existing and new customers will be eligible to enter the draw for every AED 10,000 maintained in their accounts daily throughout the month. Through this initiative, SIB aims to encourage continuous saving habits and increase customer engagement through monthly draws featuring a variety of valuable prizes. With each new entry, customers gain further motivation to maintain consistent savings.A Comprehensive Strategy to Encourage Sustainable Financial PlanningNabil Abou Alwan, Head of Retail Banking at Sharjah Islamic Bank, stated: 'Through the launch of the 'Millionaire Draw' campaign, we aim to inspire our customers to think ahead financially and take advantage of banking products that align with their long-term goals. This campaign forms part of our broader strategy to promote sustainable financial planning, offering a banking environment that supports a balance between saving and incentive. We firmly believe that financial success is not just measured by rewards, but also by the capabilities we help our customers build to achieve lasting financial independence. This initiative reflects our ongoing commitment to delivering meaningful and lasting value to our customers, positioning them as active partners in Sharjah Islamic Bank's vision for a more stable and prosperous financial future.'Major Prizes Worth Up to AED 20 Million, Including Monthly Cash and Luxury CarsThe campaign will feature several high-value prizes, including quarterly cash prizes of AED 1 million for UAE nationals and another AED 1 million draw for all customers. In addition, four seasonal prizes of AED 2 million will be awarded during special occasions such as national holidays and Eid celebrations. Children and students can also participate through dedicated savings accounts tailored for their age groups.Beyond the grand prizes, the campaign will offer eight luxury BMW XM vehicles to selected winners, along with monthly cash prizes ranging from AED 500 to AED 5,000, providing ample winning opportunities for participants every month. A total of 40 additional monthly cash prizes will be awarded.
To enable new customers to participate, account openings can be done quickly and easily through the SIB Digital App, by sending the word 'Millionaire' via SMS to 6667, visiting the website at www.sib.ae/ar/millionaire, or calling 065999999.
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