2 days ago
'Ajyal' Account Wins Best Banking Account for Youth and Minors in Bahrain at IBMAG Awards 2025
Khaleeji Bank, one of the leading Islamic Banks in the Kingdom, has been honoured with the Best Banking Account for Youth and Minors Award 2025 in Bahrain by International Business Magazine (IBMAG), the same publication that recently named the Bank's 'Salary' Account the Best Banking Product in Bahrain for 2025.
This accolade recognises Khaleeji's dedication to enhancing the banking experience in Bahrain, demonstrating excellence and leadership in delivering innovative banking services tailored to all age groups, including youth and minors.
The 'Ajyal' Account, specifically designed for minors below the age of 21, aims to instil sound financial habits such as saving and investing from an early age. The account is offered in three variants: 'Ajyal' Savings Account, which promotes a saving culture through rewards on deposits and payments. Ajyal 'Deposit' Account, which introduces investment fundamentals through a 12-month fixed deposit with an expected profit rate of up to 5%, as well the 'Ajyal Al Wafer' Account, featuring dedicated prizes alongside those offered by the standard 'Al Wafer' Account, including 60 prizes of USD1,000 each for its 2025 edition. This initiative seeks to equip the next generation early on with the tools and knowledge necessary to achieve financial security and independence in the near and far future.
Since its launch, the 'Ajyal' Account has garnered significant and unprecedented interest from clients eager to open this account for their children, highlighting its success which was recently crowned with the 2025 IBMAG Awards.
On this occasion, Ms. Ameera Ahmed Al Abbasi, Head of Retail Banking at Khaleeji Bank, expressed her pride in receiving this honour, stating 'We are delighted to receive this prestigious award from IBMAG which acknowledges our ongoing commitment to providing innovative banking services. The launch of the 'Ajyal' Account exemplifies our efforts to encourage young depositors to save and invest, offering comprehensive services through three dedicated versions: Savings, Deposit, and 'Ajyal Al Wafer' Accounts. We are pleased with the growing demand from clients to open this account for their children.'
She added 'We take pride in our performance and remain committed to enhancing innovation and excellence across all our banking services. Receiving this prestigious IBMAG award, following IBMAG's recent crowning of our 'Salary' Account the Best Banking Product in Bahrain for 2025, motivates us to continue leading Bahrain's banking sector by providing more innovative and distinctive products that meet the aspirations of all age groups.'
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.
