Barwa Bank, Qatar’s most innovative Shariah compliant bank, announced the names of the most recent round of draw winners for Thara’a, its Shariah compliant savings account, at the Bank’s headquarters.
As the draw results showed, Alia Mikaty and Salman Mohammed Al Mahmoud each won a cash prize of QR50,000. Also, a cash prize worth QR25,000 was awarded to Eisa Abdollah Amani and Alia Sultan Ali H N Al Naama.
The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Commerce and Industry (MoCI).
On a monthly basis, there are 42 winners per draw for the cash prize of QR5,000 each, as well as 2 winners per draw for the cash prize of QR10,000. Additionally, quarterly there are 2 winners per draw for the cash prize of QR25,000 each, 2 winners per draw for the cash prize of QR50,000 each, and yearly there is 1 winner of the grand prize of QR1,000,000. Rewarding 365 winners in total with cash prizes up to QR3,290,000.
Coupled with cash prizes and a reward scheme, Thara’a is a product full of value-added benefits and services. Thara’a offers account holders access to Barwa Bank’s innovative banking channels, with benefits including unlimited withdrawals and deposits, as well as free fund transfers across their accounts and through all Barwa Bank channels.
Customers may learn about the many benefits of Thara’a savings account by visiting Barwa Bank’s website.