Ahlibank has announced the winner of its Al Rabeh saving scheme for Q1 of 2015, with quarterly winner Muayed Mohamed al-Sharshani bringing home QR1mn, the bank said in a statement yesterday.
“With 469 cash prizes to be awarded this year, the latest big money winner expects the Al Rabeh savings scheme will continue to grow in popularity,” the statement added.
Al-Sharshani said, “I was very happy when Ahlibank said I was the quarterly QR1mn prize draw winner. I have been a customer for over 20 years and have been extremely satisfied with them. I have also recommended Ahlibank to other members of my family. I am sure the Al Rabeh savings scheme will go from strength to strength.”
“The prize will help me diversify and add value to my investments as I look to the future. I will definitely invest in Al Rabeh again by opening an account for my children, which will give us more opportunity to win. It was great to bring my son, Hassan, here today to receive the cheque,” he added.
The Al Rabeh savings scheme reward structure offers a range of cash prizes with 93 draws in 2015, including: Every week, 10 customers win QR5,000 and one customer wins QR15,000 in a grand weekly draw; Every month, three customers win QR100,000 in the grand monthly draw; Every quarter, one customer wins QR1mn in the quarterly draw; and Every year to mark National Day, a further QR1mn winner is announced.
Andrew McKechnie, deputy CEO, retail banking, Ahlibank, said, “The Al Rabeh savings scheme is a simple, safe, and secure savings opportunity with instant access to funds deposited. It gives savers the opportunity through its prize draw to become millionaires through electronic draws held quarterly and to celebrate National Day. The savings scheme will provide 469 cash prizes this year.”
Hassan al-Frangi, head of retail banking services, said, “As a community bank, we have created a ‘best in class’ savings scheme exclusively for Qataris or Qatar residents. Having personally congratulated Mr al-Sharshani on his QR1mn prize draw win, I was pleased to hear how this money will provide additional investment opportunities for him and his family. We are delighted to provide such opportunities through our Al Rabeh savings scheme.”
Ahlibank customers are eligible for entry into the Prize Draw by depositing QR500 for a minimum of seven days in either an Al Rabeh Savings Account or by investing in a Savings Certificate (This is the shortest qualifying period and the lowest balance required for a bank prize draw).






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