100% Cashback for 100 Lucky Winners in Celebration of the Holy Month of Ramadan
Khaleeji Bank, one of the leading Islamic Banks in the Kingdom of Bahrain, is celebrating the advent of the Holy Month of Ramadan with its valued clients by launching exclusive and distinctive offers for Khaleeji Credit Card holders, offering the chance to receive a full 100% Cashback for 100 lucky winners, in addition to many other benefits.
This unique Ramadan offer enables the bank's Credit Card holders to enjoy 100% Cashback on purchases made during the Holy Month using their Khaleeji Credit Cards at supermarkets, restaurants, cafés, and through mobile applications. This includes both the primary Credit Card and any supplementary cards issued. The campaign will run throughout Ramadan, reflecting Khaleeji's commitment to sharing the joy of various national and Islamic occasions with its clients, particularly during Ramadan which is considered an ideal opportunity to encourage generosity and sharing.
Commenting on this initiative, Ms. Ameera Ahmed Al Abbasi, Head of Retail Banking at Khaleeji Bank, stated 'We are delighted to share the joy of the Holy Month with our valued clients by launching this rewarding campaign, which embodies Khaleeji's dedication to providing exceptional banking services that meet our clients' expectations and offer financial solutions during this blessed month.'
She added: 'We encourage all our valued clients to seize this unique opportunity during the Holy Month and apply for their Credit Cards today, using them for their purchases at supermarkets, restaurants, cafés, and through mobile applications to stand a chance of being among 100 lucky winners of a full 100% Cashback, as well as enjoying many exclusive benefits that include discounts at over 100 commercial outlets in the Kingdom of Bahrain during Ramadan.'
Khaleeji is a leading Islamic Bank that strives to achieve clients' ambitions through an Islamic Banking model that offers a comprehensive range of high quality Shari'a-complaint banking services and investment opportunities to individuals and companies.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Tribune
12 hours ago
- Daily Tribune
Bahrain firm powers UAE launch
TDT| Manama Bahrain's fintech leadership is driving digital change in the UAE, with Bahrain-based Arab Financial Services (AFS) powering the launch of a fully app-based credit card solution in collaboration with Mawarid Finance. The new platform lets customers apply, receive, and manage credit cards instantly, without visiting a branch or signing a single form. Bahrain-built, region-ready The end-to-end solution, developed and enabled by AFS, marks a major milestone in the GCC's shift toward mobile-first financial services. Regulated by the Central Bank of Bahrain, AFS is playing a growing regional role in delivering seamless digital finance tools across borders. The app allows users to complete the full credit card journey - from application to approval to daily account management - directly from their smartphones. It eliminates the need for physical paperwork or in-person appointments and offers real-time access to spending data and account controls. Shariah-compliant and secure Mawarid Finance, the UAEbased Islamic finance group, partnered with AFS to design the solution to be both fully Shariah-compliant and aligned with modern security standards. Executives from both companies signed the agreement at a recent ceremony, underscoring their shared commitment to digital innovation. 'This platform reflects our commitment to making secure, efficient, and simple financial access a reality for our customers,' said Rashid Al Qubaisi, CEO of Mawarid Finance. AFS CEO Samer Soliman noted: 'Our partnership with Mawarid proves the strength of Bahrain's fintech sector in enabling advanced digital services across the region. It's a model of how traditional institutions and fintech can work together to deliver scalable, intuitive solutions.' Founded in Bahrain in 1984, AFS has become the region's leading digital payment solutions provider, with operations in Bahrain, Egypt, Oman, and the UAE. The launch with Mawarid adds to a growing list of projects where Bahrain-grown fintech tools are transforming user experience far beyond its borders.
Daily Tribune
a day ago
- Daily Tribune
Al Baraka posts strong quarterly turnaround
TDT | Manama Al Baraka Group has reported a strong financial turnaround in the first quarter of 2025, reversing last year's losses and delivering a 19% rise in net income attributable to shareholders. The Group registered USD 34 million in total comprehensive income during the quarter, a sharp contrast to a USD 60 million loss in the same period of 2024. Earnings rebound The Group's net income attributable to the parent company's shareholders rose to USD 46 million in Q1 2025, up from USD 39 million last year. Total net income also saw a 19% increase, reaching USD 91 million. Executives credited the gains to rising financing volumes, expanded activity in key markets including Turkey, Jordan, and Egypt, and lower foreign currency translation losses. Basic earnings per share improved to 3.84 US cents, compared to 3.23 US cents in Q1 2024. Strengthening capital Al Baraka's total equity attributable to shareholders and sukuk holders rose 2% to reach USD 1.28 billion, while total equity grew to USD 2.03 billion by the end of March. The Group also recorded a 4% increase in total assets, which stood at USD 27.24 billion, driven by stronger customer deposits and business growth in core markets. Chairman Sheikh Abdullah Saleh Kamel said the Group's performance was anchored in its commitment to strategic expansion, disciplined risk oversight, and continued support for the communities it serves. Innovation focus Group CEO Houssem Ben Haj Amor highlighted the Group's resilience in the face of global uncertainty, citing its focus on long-term financial sustainability, investment returns, and digital banking innovations. Recent initiatives such as the 'Trade Finance Platform' and 'Borderless Banking' are part of the Group's drive to enhance competitiveness across its international network. With operations in 13 countries and over 600 branches, Al Baraka continues to position itself as a key Islamic financial player committed to growth and innovation in a changing global environment.
Gulf Insider
5 days ago
- Gulf Insider
Oman Bans Power And Water Cuts During Exams, Holidays And Night Hours
The Authority for Public Services Regulation (APSR) has reiterated that electricity and water services must not be disconnected during certain sensitive periods, including exam seasons, holidays and nighttime hours. According to APSR, utility disconnections are prohibited between 5pm and 7am, as well as on the last working day before weekends or official holidays. Additionally, no power or water cuts are allowed during the General Education Diploma (GED) exams and throughout the month of Ramadan, in coordination with education authorities. These regulations apply to both the electricity and water sectors, ensuring uninterrupted service for residents during crucial times for families and students. In a move to ease financial pressure on households, Oman has also reduced residential electricity bills for the summer months of May to August 2025, when demand is at its peak. Eligible residents are encouraged to register for the National Subsidy System, which provides additional support based on income and residency criteria. The announcement comes amid strong growth in the energy sector. In 2024, Oman's electricity production rose by 7.5%, reaching 45,388 gigawatt-hours by the end of November. Growth was driven by increased output in North and South Al Batinah, Al Dhahirah, and Dhofar. The electricity and water sectors contributed 2.5% to Oman's GDP in 2024, with total investments in regulated sectors reaching 2.837 billion Omani riyals from 2020 to 2024. Of this, 450 million riyals were directed toward electricity generation. Looking ahead, the International Energy Agency (IEA) forecasts Oman's electricity consumption to grow by around 3% annually over the next three years, while APSR continues to advance renewable energy and infrastructure development.
