Barwa Bank has announced the second round of draw winners for Thara’a, the bank’s newest high-profit Shariah-compliant savings account.
The bank said Mohd Abdulla Alemadi has won a prize worth QR50,000, while Ayat Hisham Taha, Jamal Abdu al-Ammari, Maryam Ibrahim al-Emadi, Hessa Ibrahim al-Mulla, and Jamal Mohd al-Kubaisi won cash prizes worth QR25,000 during a draw held at the Barwa Bank’s headquarters.
Salem Saeed Almarri, Mohamed Imran Siddiqui, Mohd Ahmad al-Marzouqi, Izzeldin Ismail Bashir, Aisha Mubarak al-Hamad, Hatem Darwish, Ali Mahmoud Abualainin, and Zohaib Kamal each won cash prizes worth QR5,000.
According to Barwa Bank, the draw was held under the supervision of a representative of the Quantitative Licence 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 QR1mn, 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 QR2.645mn, 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 QR1mn.
Coupled with the cash prizes and reward scheme is a bundle of value-added benefits and services.
Customers can enquire on the details and benefits of the Thara’a savings account by visiting www.barwabank.com or by calling 800 8555.
Barwa Bank offers an extensive variety of personal banking products and investments, as well as eight branches and a broad network of more than 60 ATMs located across Qatar.
Customers can access their accounts from the convenience of their office or home through online banking or via the 24/7 contact centre.