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Business / Qatar Business

Fifty QIB ‘Misk Account’ savers crowned winners

Published: 18 Feb 2018 - 10:05 am | Last Updated: 15 Nov 2021 - 01:12 pm
File photo.

File photo.

The Peninsula

Doha: Qatar Islamic Bank (QIB) awarded 50 ‘Misk’ Savings Account winners a prize worth QR10,000 over the last 10 weeks. The Misk account grants a total of 230 savers QR10,000 throughout the year and one lucky saver a grand prize worth QR1,000,000.

The latest five winners from this week’s draw are: Rowdha Mohamed, Mucharun Sumartono, Sada Jalil, Ahmad Al Abdulla, and Hassan Aqeel.  

Customers who open a Misk Savings Account have the chance to win exciting prizes on a weekly basis. Every week, five winners from the Misk account holders are announced every week after a random draw that takes place in the presence of an official representative from the Ministry of Economy and Commerce and QIB representatives. In November 2018, one lucky customer will win the grand prize of QR1,000,000.

“We would like to congratulate the Misk Account winners we have so far, and encourage our customers to save more and get the chance to be the next lucky winners,” said D Anand, QIB’s Personal Banking Group General Manager.

“Misk Savings Account encourages our customers to save more in anticipation of their future needs and aspirations while meeting current financial needs and lifestyle.”

All Qatari citizens and residents are eligible to open a Misk Account for themselves or their minor children. A minimum of QR2,000 is required to open the account, with customers having to maintain a minimum monthly balance of QR10,000 to be eligible for the weekly draws.

To qualify for the grand prize draw, the customer must open the account three months prior to the draw and maintain a minimum of QR10,000 for each of these months. Every additional QR10,000 earns the customer one more chance in the draw.