Barwa Bank has announced the names of the fifth round of draw winners for Thara’a, its Shariah-compliant savings account.
The bank said Ahmad Hussin Mohamed Aboshaar, Abdulrahman Abdulsamad A A al-Mulla, Alawi Abdulkadir Aljuneid and Ameera Abdelaziz Omer Elhusain each won a cash prize of QR10,000.
Also, a cash prize worth QR5,000 was awarded to Ali Ghlamshah Ismaiel Ghanbarpoor, Rashid Mohamed O R al-Naimi, Suhir Yousef, Anuncia Rosario Fernandes, Aldana Ahmad A M al-Malki, Mahmod M S Albanna and Hamad Mohamed A M al-Sabah.
The draw’s fifth round was conducted under the supervision of a representative of the qualitative licence and market control department at the Ministry of Economy and Commerce.
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 the QR1mn grand prize. The winners were Salem Said al-Merri and Alla Hail Marouf who each took home QR1mn.
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 QR3mn, 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 seven winners per draw for the cash prize of QR5,000, as well as four winners per draw for the cash prize of QR10,000.
Additionally, twice every year, there are four winners per draw for the cash prize of QR25,000, two winners per draw for the cash prize of QR50,000 and one winner per draw for the grand prize of QR1mn thus rewarding 102 winners in total with cash prizes up to QR3mn.
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.
Customers can learn about Thara’a savings account and its benefits by visiting Barwa Bank’s website, www.barwabank.com, or by calling the contact centre on 800 8555.
Barwa Bank offers an extensive variety of personal banking products and investments, as well as eight strategically-located 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 the state-of–the-art online banking, or via the 24/7 contact centre.