KHCB names Al Waffer February grand prize winner

Manama: Khaleeji Commercial Bank (KHCB) has announced Seham Khalil Ebrahim Al Moayed as the lucky winner of Al Waffer grand cash prize raffle draw of $100,000 for the month of February 2016. Thirty nine other winners were also selected who received cash prizes worth $500 each. 

The raffle was held under the supervision of the Ministry of Commerce & Industry and Tourism in the presence of the management and staff of the bank, at the KHCB headquarters in Bahrain Financial Harbour. 

Congratulating Seham Khalil Ebrahim Al Moayed and other winners Khalil Al Meer, Chief Executive Officer of KHCB said, “This scheme has enhanced and increased the level of enthusiasm to slowly invest and save money amongst the residents in Bahrain. Al Waffer is specially designed to inculcate in clients a habit of saving and encourage them to invest for the future by deposit small amounts which can earn them big rewards. We strive as a bank to constantly provide our customers with innovative services and solutions as per their requirements.” 

The winner of $100,000, Seham said, “I am very happy for winning the grand cash prize for the month of February.  I had a feeling that I will be winning someday a grand prize & that achieved with Khaleeji commercial Bank, and because I had open the account in order to save an amount for my son to the complete his university studies, I have decided to allocate the prize amount for this purpose.”

After the great success of Al Waffer awards scheme in 2015, KHCB has decided to offering bigger value in the prizes for 2016 and thereby making investments a truly fruitful experience.  

The new and improved 2016 campaign includes a total of 468 exciting cash prizes of US $500 each, 11 Grand draws and 1 Mega draw. Investments in Al Waffer scheme will have a lucky winners with super prizes that include a Porsche Cayenne, US $100,000 or even the Mega draw ‘Life Dream’ prize that includes a luxury villa in Oryx Hills, a Porsche Cayenne and a grand total of US $25,000.

Al Waffer scheme is completely Shari’a compliant. Customers can open and invest in Al Waffer account with a minimum of BD50. With this account, they will receive expected annual profits on their investments as well as a guaranteed entry into the monthly held draws for every BD50 they deposit into the account.