DOHA: Barwa Bank has announced the third round of draw winners for Thara’a, the bank’s newest profit making Shari’ah-compliant savings account.
During the event Ziad Hesham Muadamani walked away with QR50,000, in addition to Nasser Emair Al Naemi, A Mna Jabor Al Attiya, Ahmed Majid Alsuwaidi, Syed Furqan Hassan Gilani and Hessa Ibrahim Al Mulla winning cash prizes worth QR25,000 during the draw that took place at the bank’s headquarters.
Also, the following customers, Mohammad Sayab Khan Ferozuddin Khan, Helmi bin Othman, Moun Mustafa Deib Albeshtawi, Babiker Ali, Alla Hail Marouf, Yousef Abdelsalam Othman Alaraj, Jamal Abdu Al Ammari and Ibrahim Abdularhman Al Naimi each won cash prizes worth QR5,000.
The draw was held under the supervision of a representative of the quantitative 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 QR1,000,000, 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 QR2,645,000, Thara’a cash rewards are distributed on both a monthly and quarterly basis to customers holding a minimum balance of QR10,000.
Qualified customers are eligible for a maximum of three draws per month for monthly draws rewarding 44 winners in total with cash prizes up to QR50,000, and for a maximum of 11 quarterly draws, each granting one customer a grand prize of QR1,000,000.
Coupled with the tactical cash prizes and reward scheme is a strategically designed bundle of value-added benefits and services as Thara’a offers account holders convenience and access to Barwa Bank’s innovative multiple banking channels, with benefits including unlimited withdrawals and deposits, as well as free fund transfers across their accounts and through all Barwa Bank’s channels.
The Peninsula
