DOHA: Barwa Bank yesterday announced the fourth round of draw winners for Thara’a, its Shari’ah compliant savings account. Capping the 2015 series of draws with a dual reward for Thara’a account holders, the draw doubled up the chance for two participants to walk away with QR1m grand prize. Salem Said Al Merriand and Alla Hail Maroufeach took home QR1m.
The draw was held at Barwa Bank’s headquarters under the supervision of a representative of the quantitative license and market control department at the Ministry of Economy and Commerce. The upcoming Thara’a draw will be held on Wednesday the February 10, 2016. The prizes were handed in presence of Khalid Al Subaie, Acting Group Chief Executive Officer of Barwa Bank and Hussain Al Abdullah, General Manager of Personal Banking & Wealth Management.
Thara’a savings account is the first of its kind in Qatar’s Islamic banking sector to offer customers the opportunity to win cash prizesup to QR1m, as well as monthly cash prizes.
Commenting on this occasion, Khalid Al Subaie, Acting Group Chief Executive Officer of Barwa Bank said, “We at Barwa Bank aim to constantly provide our clients with tailored products - such as Thara’a - that are both Sharia compliant and in line with the modern banking offerings”. He added: “The Thara’a saving account has witnessed a great response from our clients. This confirms once again Barwa Bank’s commitment to always provide highly innovative services that reflect the bank’s strategic vision and meet clients’ expectations”.
The Peninsula
