Latest news with #YouthAccount
Al Bawaba
12-02-2025
- Business
- Al Bawaba
KIB announces winners of campaign for Youth Account customers
Kuwait International Bank (KIB) has announced the winners of the campaign for its Youth Account segment customers. Four lucky customers, Bodour Saad Aifan AlEnezi, Ali Khaled Ali AlMutairi, Bandar Mubarak Dinar Jaroub and Fahad AlHumaidi Maajoun AlHussaini, won the draw for iPhone 16 devices after having transferred their student allowance to the the winners of the campaign, Khaled Al-Hulaibi, Segments Manager at KIB, said: "the Youth Account customers campaign reflects our commitment to providing added value for our customers, particularly the youth segment, which we view as a cornerstone of our society. Through these special campaigns, we aim to strengthen our relationship with Youth Account holders, encouraging them to save and achieve early financial independence by leveraging their account benefits. We are dedicated to collaborating with distinguished partners and delivering innovative campaigns and exclusive rewards that align with young people's interests and aspirations as they pursue their future goals."Al-Hulaibi highlighted that the KIB Youth Account is specifically designed to meet the daily needs of young people aged 15 to 25, encouraging them to save, and offering both existing and new customers a variety of benefits. The account requires no minimum initial deposit or balance to maintain. Additionally, it includes a modern-designed prepaid card with benefits such as 1% cashback, usable at over one million ATMs worldwide. The card is also accepted by KNET and at more than 30 million point-of-sale (POS) locations globally, making KIB an ideal choice for young people. Furthermore, new customers opening a Youth Account can receive 5,600 reward points, redeemable through Talabat, Deliveroo, and iTunes gift cards. Additionally, Youth Account holders can open a Dirwaza Account, giving them access to cash prize draws held throughout the year, along with exclusive discounts at stores participating in the KIB Discount Program when using their Youth debit card. For a list of participating stores and restaurants, please visit It is worth noting that KIB, in line with its main slogan 'Bank for Life', continually strives to develop banking services and products that meet the needs of its diverse customer base in line with the demands of their modern lifestyles. The Bank is committed to delivering unique and innovative banking experiences that enhance its customers' daily lives, especially young people, helping them achieve their financial goals. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
Zawya
05-02-2025
- Business
- Zawya
Dhofar Islamic empowers future leaders through youth savings account
Muscat: Dhofar Islamic Youth Account is designed to meet the unique financial needs of Omani youth to help them achieve their various ambitions and dreams to reach financial independence and build responsible future leaders. This youth-oriented account is a testament to Dhofar Islamic's commitment to empowering youth through flexible and convenient banking solutions that enable them to achieve financial independence from an early age, as it is specifically designed to meet the needs of youth between the ages of 18 and 23. The Youth Account is a Shari'a compliant savings account (based on Mudarabah principles) specially crafted to cater to the unique needs of youth aged between 18 and 23 years. It comes with no minimum balance requirement and allows free fund transfers through mobile payment service ensuring that young account holders can enjoy their banking experience without any extra fees. This innovative youth-centric account is a testament to Dhofar Islamic's commitment to empowering the youth with convenient and flexible banking solutions that enable financial independence from an early age. Commenting on the launch of the Youth Account, Mr. Amor Said Al Amri, DGM and Head of Retail Banking - Dhofar Islamic said, 'Our Youth Account is designed to empower the young generation to learn essential money management skills, take control of their finances and build a strong financial foundation for their future. We are committed to providing them with the tools they need to start their career and achieve their financial goals." Dhofar Islamic is one of the leading Islamic windows in Oman setting the standard for the best customer experience within the banking industry in the Sultanate of Oman by adopting best international banking practices. It is also committed to following the best international practices in the Islamic banking sector. Therefore, Dhofar Islamic is keen to meet the aspirations of its valued customers by providing offers and services that are compatible with the provisions of Islamic Sharia. The Youth Account is available now at all Dhofar Islamic branches. For more information about the Youth Account and how to open an account, please visit any 25 branches around the Sultanate of Oman , or call our call center 24/7 on 24775777 for inquiries.
