Ithmaar Bank, an Islamic retail-focused bank, has announced the distribution of a $200,000 total prize purse to Thimaar account winners.

Together, a total of 76 Thimaar account holders won prizes of between $2,000 and $15,000, and one Thimaar customer took home the $50,000 first prize. It was the biggest prize distribution since Ithmaar launched its new Thimaar account, a prize based savings account, last September.

The announcement follows the most recent Thimaar monthly and quarterly draws, which were held earlier today, for the previous month and the last quarter of 2010, at the bank’s headquarters in Seef.

Following the two draws, Khalid Ahmed Yousif Abdulla was named winner of the $50,000 first prize, with Ahmed Jaffar Ali Fadhul and Mohammed Ahmed Abdulla each winning an additional $15,000 as part of the quarterly draw. A total of 25 Thimaar account holders also won $2,000 each as part of the same draw.

Meanwhile, Suhair Abdulghaffar won $10,000, with Sami Hasan, Mohammed Malik and Isa AlGhawi wining $5,000 each as part of the monthly draw. A total of 45 Thimaar account holders also won $1,000 each as part of the same draw.

“This was the biggest draw we’ve held since Thimaar was launched late last year,” said Ithmaar Bank general manager Retail Banking, Ahmed Abdul Rahim.

“Thimaar was launched as part of our committed efforts to continuously expand our retail banking offerings by introducing new products and services,” he added.-TradeArabia News Service