Barwa Bank has announced the names of the latest round of draw winners for Thara’a, its Shari’ah compliant savings account, at the Bank’s headquarters.
As the draw results showed, Salahuldeen Mostafa, Jamal Abdu A H Al Ammari, Sheikh Ahmad Nooh A H Al Thani and Fatema Saad E A Al Mannai, each won a cash prize of QR10,000.
Also, a cash prize worth QR5,000 was awarded to Khulood Esmaeil Mahmoudi, Abdelkareem Dergam, Sanad Salah H M Abukheraiba, Alanoud Mesaad A D Al Harbi, Aisha Erhama A S Al Kuwari, Hessa Sulaiman A M Al Hamadi and Farid Nasri.
The draw was conducted under the supervision of a representative of the qualitative license and market control department at the Ministry of Economy and Commerce.
Thara’a offers account holders the chance to benefit from cash rewards up to QR1m, a first for Islamic banks in Qatar. Based on several criteria, Thara’a account holders are eligible for a number of periodic draws for cash prizes. Totalling QR3m, Thara’a cash rewards are distributed on both a monthly and biannual basis to customers holding a minimum balance of QR10,000. On a monthly basis, there are 7 winners per draw for the cash prize of QR5,000, as well as 4 winners per draw for the cash prize of QR10,000. Additionally, twice-a-year there are 4 winners per draw for the cash prize of QR25,000, 2 winners per draw for the cash prize of QR50,000 and 1 winner per draw for the grand prize of QR1m. Rewarding 102 winners in total with cash prizes up to QR3m.
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.
