Barwa Bank has announced the names of the sixth round of draw winners for Thara’a, its Shariah-compliant savings account, at the bank’s headquarters.
The bank said Nasir al-Qaifi, Izzeldin Ismail Bashir Adam, Jamal Abdu A H al-Ammari, and Latifa Fahad Sulaiman S O Shamlan each won a cash prize of QR10,000.
Also, a cash prize worth QR5,000 was awarded to the following bank clients: Mohamed Humaid S Albadi, Ahmed Elkorash, Mabkout Ali A A al-Marri, Samer A Kassem, Fayez Saleh, Hatem A S Darwish, and Ummer Manayil Mohamed Faizal.
The draw’s sixth round was conducted under the supervision of a representative of the qualitative 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 QR3mn, Thara’a cash rewards are distributed on 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.
Twice a 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.