Kuwait Finance House – Bahrain (KFH-Bahrain) has named Adel Mohammed Sarea as the winner of the first luxury apartment in Marassi Al Bahrain, a leading project in Diyar Al Muharraq, in the second draw of ‘Libshara’ Investment Savings Account campaign.

The draw was held recently at the KFH-Bahrain headquarters located in the Bahrain World Trade Centre under the supervision of the Ministry of Industry, Commerce and Tourism and in presence of several officials from KFH-Bahrain.

As part of this promotion, KFH is rewarding nine winners with luxury apartments at Marrasi Al Bahrain. An additional 85 winners will get monthly prizes worth $140,000; this includes a grand prize of $50,000; two prizes of $10,000; and two prizes of $5,000, said the statement from KFH Bahrain.

Furthermore, 40 winners will receive $1,000 each and ten winners from the ‘special’ accounts categories, namely ‘Our Ladies’, ‘Our Children’, ‘Our Savers’ and ‘Our Cards’ - will receive $500 each, it stated.

Lauding the winner, Khalid Rafea, the executive manager and head of retail banking group at KFH-Bahrain,
said: "In addition to the luxury apartment in one of Bahrain’s leading real estate projects, Marassi Al Bahrain, Sarea will also enjoy the complimentary access to Marrasi Al Bahrain’s beach as well as future direct accessibility to Marassi Galleria Mall once it is constructed."

“With 8 remaining luxury apartments and valuable cash prizes, we would like to extend our best wishes to future winners in the upcoming draws. It is our pleasure to invite everyone to increase their deposits and investment period to increase their chances of winning many exciting prizes,” he added.

The ‘Libshara’ Savings Investment Account is a Sharia’a compliant savings scheme that offers clients valuable monthly prizes. For every BD50 or its equivalent in US dollars saved for a period of 30 days prior to the end of the month, clients are entitled to enter the raffle and can increase their chances of winning one of the many exciting prizes.

An investment period of 90 days is equal to one chance at entering the raffle draw, whereas 180 days gives two chances and 360 days is three chances.

On his win, a thrilled Sarea said: "Since I started saving with ‘Libshara’, I had always dreamt about winning the grand prize. I would like to thank KFH-Bahrain for giving me this opportunity and I advise everyone to start investing with ‘Libshara’ Account so they can win such valuable prizes."-TradeArabia News Service