Latest news with #AlWaffer
Biz Bahrain
28-02-2025
- Business
- Biz Bahrain
Khaleeji Bank Offers Daily BD 1,000 Cash Prizes to 'Al Waffer' Account Holders
Khaleeji Bank, one of the leading Islamic Banks in the Kingdom of Bahrain, has announced the launch of a prize campaign for 'Al Waffer' Account holders in celebration of the holy month of Ramadan. The campaign features daily raffles for BD 1,000 each, culminating in a total of BD 30,000 awarded to thirty winners throughout the month. This initiative reflects Khaleeji's commitment to providing added value to its clients and enhancing their banking experience during Ramadan this year. On this occasion, Ms. Ameera Al Abbasi, Head of Retail Banking, stated 'We are pleased to extend our warmest congratulations to the leadership, government, and people of the Kingdom of Bahrain, as well as to all our partners, shareholders, and valued clients, on the occasion of Ramadan, praying to Allah the Almighty to accept your fasting and prayers. Through this innovative campaign, which is the first of its kind, we aim to foster the spirit of giving and sharing during this month of goodness.' Commenting on the campaign, she added 'The campaign includes special daily raffles that provide clients with wonderful opportunities to win, with a cash prize of BD 1,000 for one winner every day. The winner's name will be announced on Bahrain TV just before the call to Maghrib Prayer. Additionally, participants will be able to enter the regular 'Al Waffer' Account prize raffles announced previously. Therefore, we invite all clients to seize this opportunity and participate to be among the winners.' It is noteworthy that Khaleeji has allocated 11 Grand Prizes for 'Al Waffer' Account holders this year with a total value of 4 million US Dollars, including 10 Grand Prizes worth USD 250,000 and a Grand Prize worth one million US Dollars. As part of its effort to reward distinguished clients under the 'Al Waffer Club' program, Khaleeji has allocated 30 additional Cash Prizes worth USD 10,000 each, with five winners to be raffled in each of the months of February, April, May, July, September, and November. Also, for the first time since the launch of the 'Al Waffer' Account, this year's program includes prizes dedicated to young clients in the 'Ajyal Al Waffer' category, where 60 Cash Prizes worth USD 1,000 each have been allocated, with a special raffle for 15 prizes in March and a monthly raffle for 5 prizes in the following months.
Zawya
27-02-2025
- Business
- Zawya
Khaleeji Bank Offers Daily BD 1,000 Cash Prizes to 'Al Waffer' Account Holders
Manama, Kingdom of Bahrain: Khaleeji Bank, one of the leading Islamic Banks in the Kingdom of Bahrain, has announced the launch of a prize campaign for 'Al Waffer' Account holders in celebration of the holy month of Ramadan. The campaign features daily raffles for BD 1,000 each, culminating in a total of BD 30,000 awarded to thirty winners throughout the month. This initiative reflects Khaleeji's commitment to providing added value to its clients and enhancing their banking experience during Ramadan this year. On this occasion, Ms. Ameera Al Abbasi, Head of Retail Banking, stated 'We are pleased to extend our warmest congratulations to the leadership, government, and people of the Kingdom of Bahrain, as well as to all our partners, shareholders, and valued clients, on the occasion of Ramadan, praying to Allah the Almighty to accept your fasting and prayers. Through this innovative campaign, which is the first of its kind, we aim to foster the spirit of giving and sharing during this month of goodness.' Commenting on the campaign, she added 'The campaign includes special daily raffles that provide clients with wonderful opportunities to win, with a cash prize of BD 1,000 for one winner every day. The winner's name will be announced on Bahrain TV just before the call to Maghrib Prayer. Additionally, participants will be able to enter the regular 'Al Waffer' Account prize raffles announced previously. Therefore, we invite all clients to seize this opportunity and participate to be among the winners.' It is noteworthy that Khaleeji has allocated 11 Grand Prizes for 'Al Waffer' Account holders this year with a total value of 4 million US Dollars, including 10 Grand Prizes worth USD 250,000 and a Grand Prize worth one million US Dollars. As part of its effort to reward distinguished clients under the 'Al Waffer Club' program, Khaleeji has allocated 30 additional Cash Prizes worth USD 10,000 each, with five winners to be raffled in each of the months of February, April, May, July, September, and November. Also, for the first time since the launch of the 'Al Waffer' Account, this year's program includes prizes dedicated to young clients in the 'Ajyal Al Waffer' category, where 60 Cash Prizes worth USD 1,000 each have been allocated, with a special raffle for 15 prizes in March and a monthly raffle for 5 prizes in the following months.
Biz Bahrain
27-01-2025
- Business
- Biz Bahrain
Khaleeji Bank Announces the 'Al Waffer' Account's 2025 Edition with Total Prizes Exceeding $4 Million
Khaleeji Bank, one of the leading Islamic banks in the Kingdom of Bahrain, has recently announced the launch of the 'Al Waffer' Account's 2025 edition, featuring remarkable cash prizes that exceed a total value of $4 million, making this edition the largest and most distinctive since the account's inception. Clients will have the opportunity to win one of 11 Grand Prizes, including a prize worth $1 million, which will be raffled in December. Raffles for prizes worth $250,000 each will take place in March, June, August, October, and December. This year, the account's schedule commences powerfully with three grand prizes worth $250,000 to be raffled in March. Additionally, it will conclude with a special raffle for the $1 million prize and four other prizes worth $250,000 each in December, along with several other surprises throughout the year. As part of rewarding distinguished members of the 'Al Waffer Club' program, Khaleeji has allocated 30 additional cash prizes worth $10,000 each, with raffles for five winners taking place in February, April, May, July, September, and November. For the first time since the launch of the account, this year's program includes prizes allocated specifically for young clients through the 'Ajyal Al Waffer'. A total of 60 prizes worth $1,000 each have been allocated, with a special raffle for 15 prizes to take place in March and monthly raffles for five prizes for the remaining months. Commenting on the new edition of 'Al Waffer', Ms. Ameera Ahmed Al Abbasi, Head of Retail Banking at Khaleeji Bank, stated 'We are delighted to announce the launch of the 2025 edition of the 'Al Waffer' Account, which is not just a savings program, but also a genuine opportunity to transform our clients'' lives. Through prizes exceeding a total value of $4 million, we aim to support a culture of saving and encourage our clients to invest. To that end, this year will also see the launch of the 'Ajyal Al Waffer' Account, targeting children and youths under the age of 21, representing the bank's commitment to playing an active role in enhancing Financial Literacy, particularly among young people, and providing young depositors with the chance to enter exclusive raffles for cash prizes.' Al Abbasi added 'We are delighted to invite all our valued clients to participate in the new edition of the 'Al Waffer' Account for the year 2025, which presents an exceptional opportunity to win significant cash prizes, enabling them to realize their ambitions. We also encourage everyone to join the exclusive 'Al Waffer Club', which offers unique opportunities to win one of the 30 cash prizes of $10,000 each, raffled at various times throughout the year. We are always striving to enhance our offerings to meet our clients' aspirations, as we serve as their partner in ambition. We wish all depositors the best of luck.' It is worth noting that 'Al Waffer' Account is a savings account compliant with the provisions & principles of Islamic Shari'a, where funds are invested on the principles of Unrestricted Mudarabah. The account can be opened with a minimum deposit of BHD 50, and points are calculated for every BHD 25 in the account. Clients can increase their chances of winning by benefiting from the Double Points System, which requires account holders to maintain or increase their balance without making withdrawals for more than 90 days prior to the raffle's date.
