Kuwait Finance House – Bahrain (KFH-Bahrain) presented the second luxury apartment in Marassi Al Bahrain development to Abdulredha Abdulrasool Zaman, the winner of its ‘Libshara Savings Investment Account’ promotion for October.

The ‘Libshara’ 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 one month 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.

As part of the campaign, KFH is rewarding nine of its ‘Libshara’ account holders with luxury apartments located at Marrasi Al Bahrain, one of the most prestigious real estate developments at Diyar Al Muharraq.

An additional 85 winners will benefit from monthly prizes worth $140,000 – this includes a grand prize of $50,000; two prizes of $10,000; and two prizes of $5,000.

The draw for the winning apartment took place at the KFH-Bahrain headquarters in Bahrain World Trade Centre under the supervision of the Ministry of Industry, Commerce and Tourism and in the presence of several officials from KFH-Bahrain.

Executive manager and head of retail banking group, Khalid Rafea said: "KFH-Bahrain continues to make its clients’ dreams come true and we would like to congratulate Zaman for winning the second Grand Prize award of ‘Libshara’, a luxury apartment in Marassi Bahrain, one of the most prestigious real estate developments at Diyar Al Muharraq."

"We also look forward to having more lucky winners by investing more in the ‘Libshara’ Savings Investment Account," he stated.

An investment period of three months is equal to one chance at entering the raffle draw, whereas six months gives two chances and one year is three chances, said the official.

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, he added.

The ceremony for the handover of the prize was held at the Marassi Al Bahrain Sales office in the presence of representatives from Kuwait Finance House – Bahrain.-TradeArabia News Service