KFH-Bahrain launches new savings scheme

Manama, April 14, 2012

Kuwait Finance House – Bahrain (KFH-Bahrain), a leading provider of Islamic banking services, has launched a Shari’a compliant savings account that offers prizes every month.

Khalid Rafea, executive manager & head of the Banking Group at KFH-Bahrain, said: “We are delighted to offer our loyal customers yet another market driven and customer focused product. Libshara is a truly unique product. In addition to offering customers the opportunity to win monthly cash prizes, it also offers them the chance to win their dream home at Ishbiliya Village or Diyar Homes.”

“Libshara is an Arabic vernacular meaning the announcement of unexpected great news,” he added.

Every BD50 ($132.6) saved with KFH – Bahrain’s Libshara Savings Account entitles customers to a raffle entry; so the more you save the more chances you have of winning.

A total of 75 lucky winners will win instant cash prizes every month, totalling $110,000.

“The launch of the Libshara Savings Account reflects the continuous efforts of the Bank to reward our customers. Libshara will offer one winner $10,000, four winners $5,000, 10 winners $2,000 and 60 winners $1,000 each month and the chance of winning one of two luxury villas.” Rafea said.

“Libshara Savings Account is available to all prospective clients of all nationalities.  In addition to our nine accessible branches throughout Bahrain, we will also set-up stands at Seef Mall, which opens today and Bahrain City Center, which will open next month, for the added convenience of our customers,” he added.

The first draw will be for the month of May. – TradeArabia News Service

Tags: Kuwait Finance House | Prizes | KFH Bahrain | Shari’a savings |