Al Baraka Islamic Bank celebrates winners of $500,000 Grand Prize for March
TDT | Manama
Email: mail@newsofbahrain.com
Al Baraka Islamic Bank, a leading Islamic bank in the Kingdom of Bahrain, has announced the winners of the $500,000 alBarakat Grand Prize for March 2025. Mr. Mohamed Abdulhussain Al Qassab and Mr. Hussain Ali Hassan were each awarded $250,000 during a special ceremony held at the Bank’s headquarters in Bahrain Bay.
The event was attended by Dr Adel Salem, Chief Executive Officer of Al Baraka Islamic Bank, along with senior management, who warmly welcomed the winners and their families.
The Grand Prize for March 2025 is a key element of the ongoing alBarakat Prizes, highlighting Al Baraka Islamic Bank’s commitment to providing exceptional banking experiences that align with the ambitions of its valued customers. During the ceremony, the bank also revealed this year’s prize scheme, titled “The Door of Al Barakat Just Widened”, which includes a total of $4 million in prizes throughout 2025.Another $500,000 prize draw is scheduled for May, which will include a monthly salary of $10,000 for four years awarded to one winner, as well as a monthly salary of the same value for one year (totalling $120,000) awarded to another winner in June 2025. Additionally, a special loyalty raffle draw will be held to commemorate the 40th anniversary of Al Baraka Islamic Bank.
Dr Adel Salem – Chief Executive Office of Al Baraka Islamic Bank stated, “We are thrilled to announce the winners of the alBarakat Grand Prize for March 2025, as well as this year’s total prize pool of $4 million. We take pride in offering substantial prizes to our customers, enabling them to achieve their financial goals.”
Mr. Mazin Dhaif, Chief Retail Officer at Al Baraka Islamic Bank, commented, “This year’s alBarakat Prizes, presented under the theme ‘Door of Al Barakat’ exemplifies our strategy to enhance customer experience and encourage saving and investment. We believe that such innovative programs foster customer loyalty and empower them to achieve their financial goals, with each award offering a unique experience that adds value to their lives.”
Both winners expressed immense joy at receiving this valuable prize and extended their heartfelt gratitude to Al Baraka Islamic Bank for this honour. They praised the bank for offering customers the opportunity to participate in the alBarakat Investment Account, which provides a unique and profitable banking experience in compliance with Islamic Sharia principles. The Shari’a-compliant alBarakat Investment Account from Al Baraka Islamic Bank offers numerous opportunities to win exciting cash prizes throughout the investment period, with a minimum deposit of BD 50 (approximately $135). Individuals of all nationalities over the age of 18 can open an alBarakat Investment Account via the Al Baraka Islamic Bank app, without needing to visit a branch. Those under 18 can also open the account through their parents or legal guardians.
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