Latest news with #MiskAccount
Zawya
7 days ago
- Business
- Zawya
QIB grants cash prizes of QAR 12.1mln to 622 Misk account holders to date
Doha, Qatar – Qatar Islamic Bank (QIB), Qatar's leading digital bank, is pleased to announce that the bank has awarded over 600 winners in the ongoing 8th edition of the Misk Account. With this Misk edition, QIB continues to promote beneficial financial practices and encourage consistent savings habits among its customers. The 8th edition of QIB's Misk Account features the largest prize pool in Qatar with a total of QAR 17.4 Million. This edition is rewarding 858 customers with exciting prizes, offering more opportunities to win than ever before. The number of grand prize winners of QAR 1 Million has increased from 4 to 6, with the millionaire's draw now scheduled every two months. Additionally, the number of monthly winners of the QAR 50,000 prize has risen from 4 to 6, while 15 customers will continue to win QAR 10,000 each on a weekly basis. Since the launch of the 8th edition of the Misk Account, QIB has celebrated the success of numerous account holders. A total of 570 weekly winners have been awarded prizes worth QAR 5.7 Million, while 48 monthly winners have received prizes worth QAR 2.4 Million. Moreover, 4 customers have been announced as new millionaires by receiving the grand prize of QAR 1 million each. These accomplishments have brought the total number of winners announced to 622. The excitement is building as the next millionaires announcement approaches respectively in September and November. Mr. D. Anand, QIB's General Manager – Personal Banking Group, said: 'We are happy to see the continued success of the Misk Account in promoting a savings mindset while giving back to our valued customers. Rewarding more than 600 customers so far is a testament to the impact of the program, and we are committed to present the largest prize pool in Qatar.' To qualify for the draw of the QAR 1 Million Grand Prize, customers are required to open a Misk Account at least three months before the draw date and maintain a minimum monthly balance of QAR 10,000. For every additional QAR 10,000 saved, customers earn an extra chance to win. Existing and new QIB customers can open a Misk Account easily through the QIB Mobile App. Customers will receive a free debit card, become eligible to request a free, for the first-year, credit card against their Misk Account balance, receive profits on their savings, and have the chance to frequently win cash prizes. For more information, please visit
Qatar Tribune
13-07-2025
- Business
- Qatar Tribune
QIB names new millionaire of Misk Savings Account
Tribune News Network Doha Qatar Islamic Bank (QIB), Qatar's leading digital bank, has announced the latest millionaire as part of the 8th edition of its Misk Savings Account, continuing its commitment to rewarding responsible saving and empowering customers across Qatar. Sultan Ali Al Obaidli was named the newest Misk Millionaire following a draw held under the supervision of the Ministry of Commerce and Industry and QIB representatives. To celebrate the milestone, the winner was welcomed at QIB's Al Sadd Branch, where he received the grand prize of QR1 million. The 8th edition of QIB's Misk Account features the largest prize pool in Qatar, totalling QAR 17.4 million. This edition will reward 858 customers with exciting prizes, offering more opportunities to win than ever before. The number of grand prize winners of QAR 1 million has increased from 4 to 6, with the millionaire's draw now scheduled every two months. Additionally, the number of monthly winners of the QR50,000 prize has risen from 4 to 6, while 15 customers will continue to win QR10,000 each on a weeklybasis. Commenting on the win, Sultan Ali Al Obaidli said, 'I'm excited to see QAR 1 Million in my account, and I'm proud to be the youngest Misk Millionaire. I was surprised to be able to enter the draw and win the grand prize with the small amount I saved. The Misk Account has really motivated me to build saving habits. I'm grateful to QIB for launching such an inspiring and rewarding product, and for this unforgettable moment today. I encourage everyone to open a Misk Account for an opportunity to win.' Congratulating the winner, QIB General Manager – Personal Banking Group DAnand said, 'We are pleased to recognize Sultan Ali Al Obaidli as our newest Misk Millionaire. The Misk Account continues to encourage our customers to save by offering them unique and life-changing rewards. With this year's enhanced prize structure, we are reaching even more individuals and families, supporting a culture of saving and financial well-being in the country.' Existing and new QIB customers can open a Misk Account easily through the QIB Mobile App. Customers will receive a free debit card, become eligible to request a free, for the first-year, credit card against their Misk Account balance, receive profits on their savings, and have the chance to frequently wincash prizes.
Qatar Tribune
11-05-2025
- Business
- Qatar Tribune
QIB announces new millionaire of the Misk account
Tribune News Network Doha Qatar Islamic Bank has announced the latest millionaire winner as part of the 8th edition of its Misk Savings Account, reinforcing its commitment to promoting financial responsibility and rewarding its customers' saving efforts. Rashid Taleb AlMarri was announced the newest Misk Millionaire during a draw conducted under the supervision of the Ministry of Commerce & Industry and QIB representatives. To mark the occasion, the winner was hosted at QIB's headquarters with his son to receive the QAR 1 million grand prize. The 8th edition of QIB's Misk Account features the largest prize pool in Qatar, totalling QAR 17.4 million. This edition will reward 858 customers with exciting prizes, offering more opportunities to win than ever before. The number of grand prize winners of QAR 1 million has increased from 4 to 6, with the millionaire's draw now scheduled every two months. Additionally, the number of monthly winners of the QAR 50,000 prize has risen from 4 to 6, while 15 customers will continue to win QAR 10,000 each on a weekly on the win, Rashid Taleb AlMarri said: 'Winning the Misk Account is truly a blessing. The Misk Account has encouraged me to save consistently, and this reward is a proof that commitment pays off. I am pleased to announce that I will be donating part of the prize, and I am thankful to QIB for offering customers such meaningful opportunities. I encourage everyone to open a Misk Account for an opportunity to win.' Congratulating the winner, D. Anand, QIB's General Manager – Personal Banking Group, stated: 'We are pleased to congratulate Rashid Taleb AlMarri, our newest Misk Millionaire. The Misk Account continues to drive positive financial habits among our customers by offering exceptional incentives. We strive to reach more customers, encouraging a strong culture of saving and financial well-being.' Existing and new QIB customers can open a Misk Account easily through the QIB Mobile App. Customers will receive a free debit card, become eligible to request a free, for the first-year, credit card against their Misk Account balance, receive profits on their savings, and have the chance to frequently win cash prizes.
Zawya
16-03-2025
- Business
- Zawya
QIB announces new millionaire of the Misk Account draw
Doha, Qatar – Qatar Islamic Bank (QIB), Qatar's leading digital bank, has announced the new millionaire of the 8th edition of the Misk Account, reaffirming its commitment to encouraging a habit of saving and rewarding customers for their financial discipline. Saleh Menawer Abdallah Al-Shamari was revealed as the new Misk Millionaire during the draw, held in the presence of official representatives from the Ministry of Commerce and Industry alongside QIB officials. The winner was hosted at QIB's annual Ramadan gathering with his son to receive the prize. The 8th edition of QIB's Misk Account features the largest prize pool in Qatar, totalling QAR 17.4 million. This edition will reward 858 customers with exciting prizes, offering more opportunities to win than ever before. The number of grand prize winners of QAR 1 million has increased from 4 to 6, with the millionaire's draw now scheduled every two months. Additionally, the number of monthly winners of the QAR 50,000 prize has risen from 4 to 6, while 15 customers will continue to win QAR 10,000 each on a weekly basis. Commenting on the announcement, Mosallam Saleh Al-Shamari, the millionaire's son said on behalf of his father: 'We feel truly grateful to QIB for this incredible opportunity. Saving with the Misk Account has been a rewarding experience, and we encourage others to start their savings journey with QIB. Saving with QIB helps you achieve your financial goals and secure a brighter future.' Mr. D. Anand, QIB's General Manager – Personal Banking Group, said: 'We are pleased to announce the new Misk Millionaire, especially during the holy month of Ramadan, a time of reflection and new beginnings. The Misk Account continues to encourage customers to develop strong saving habits while being rewarded with life-changing prizes. Our commitment remains in enhancing our savings programs to offer greater value and meaningful opportunities, empowering our customers to achieve their financial goals with confidence.' Existing and new QIB customers can open a Misk Account easily through the QIB Mobile App. Customers will receive a free debit card, become eligible to request a free, for the first-year, credit card against their Misk Account balance, receive profits on their savings, and have the chance to frequently win cash prizes. For more information, please visit
