Al Baraka Islamic Bank Awards Cash Prizes to the First 30 Beneficiaries of Its Housing Finance under Tasheel and Tasheel+

TDT | Manama

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Al Baraka Islamic Bank, one of the leading Islamic banks in the Kingdom of Bahrain, recently held a special celebration at its headquarters in Bahrain Bay to honour the first 30 customers who successfully completed their housing finance process under Tasheel and Tasheel plus programmes as part of the Bank’s campaign launched earlier this year in collaboration with the Ministry of Housing and Urban Planning and Eskan Bank.

Launched on January 20, 2025, and running until July 12, 2025, the campaign offered exclusive housing finance deals to customers seeking financing through Al Baraka Islamic Bank under the Tasheel and Tasheel plus programmes. This initiative came as part of the Bank’s continuous efforts to facilitate citizens’ access to housing finance and to support the real estate sector in the Kingdom of Bahrain.

During the celebration, cash prizes totalling BD 5,200 were distributed to the first 30 beneficiaries of the housing finance through a special raffle organised by the Bank. Each winner had the chance to pick a random prize card wining up to BD1000.

The raffle draw took place in an atmosphere of excitement among the winning customers and was supervised by a representative from the Ministry of Industry and Commerce to ensure transparency and integrity. The Bank will credit the cash prizes directly to the winners’ accounts after completing all necessary procedures.

Commenting on the occasion, Mr Mazin Ali Dhaif, Chief Retail Officer at Al Baraka Islamic Bank, said: “We are proud of the leading national role we play in supporting and realising the Kingdom’s housing objectives by offering innovative and accessible financing solutions that make it easier for our valued citizens to achieve their dream of owning their dream home, ensuring family stability and a better quality of life.”