Al Baraka Islamic Bank Announces Expansion of Cash Prizes for “Al Barakat” Account to a Total of USD 6 Million in 2025

TDT | Manama

Email: mail@newsofbahrain.com

Al Baraka Islamic Bank, one of the leading Islamic banks in the Kingdom of Bahrain, has announced an increase in the valuable cash prizes under Al Barakat Account prize scheme through year-end under the theme “The Door of Al Barakat is now bigger”, bringing total cash prizes to USD 6 million during 2025. This reflects the Bank’s commitment to offering customers greater chances to win and achieve their aspirations.

The first draw will take place on September 30, 2025, with 13 cash prizes totalling USD 350,000, including three grand prizes of USD 100,000 each.

The second draw will follow in November 2025, offering 16 cash prizes totalling USD 250,000, including two prizes of USD 100,000 each. Al Barakat will conclude 2025 with a massive draw in early 2026, offering its customers unprecedented prizes totaling USD one million, which will be awarded to 11 winners, including 750,000 US dollars to be distributed among three winners.

Commenting on the occasion, Mr. Mazin Dhaif, Chief Retail Officer at Al Baraka Islamic Bank, said: “At Al Baraka Islamic Bank, we remain committed to providing rewarding, Shari’ah-compliant banking solutions, and the expansion of the Al Barakat Account prize programme is a key step in this direction. By diversifying and increasing prize tiers and holding multiple draws, we enhance our customers’ chances of winning and encourage them to save and invest with confidence.”

He added: “We are pleased to invite all our valued customers to participate and grow their savings with Al Barakat. We wish everyone the best of luck in benefiting from the valuable winning opportunities as ‘The Door of Al Barakat Just Widened’, while we continue to enhance our services to deliver outstanding banking experiences that meet diverse needs and support our customers’ financial ambitions.”

The Al Barakat Investment Account from Al Baraka Islamic Bank, which is Shari’ah-compliant, offers multiple opportunities to win amazing cash prizes throughout the investment period, with a minimum deposit of BD 50 or the equivalent of USD 135. Individuals of all nationalities aged 18 and above can open an Al Barakat Investment Account via Al Baraka Islamic Bank’s mobile app without the need to visit a branch. Accounts for those under 18 can be opened by their parents or legal guardians.

Al Baraka Islamic Bank is a leading Islamic bank in the Kingdom of Bahrain. Since its establishment in 1984, it has delivered outstanding results in operations and services for both individual and corporate clients. The bank has a proven track record of developing and providing innovative Shari’a-compliant investment solutions to a diverse global client base.