6 days ago
QIB grants cash prizes of QR12.1 mn to 622 Misk account holders to date
Tribune News Network
Doha
Qatar Islamic Bank (QIB), Qatar's leading digital bank, has announced 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 QR1 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 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 QR5.7 million, while 48 monthly winners have received prizes worth QR2.4 million. Moreover, four customers have been announced as new millionaires by receiving the grand prize of QR1 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.
QIB General Manager – Personal Banking Group D Anand 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 QR1 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 QR10,000. For every additional QR10,000 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.
