Qatar Islamic Bank (QIB) has announced the new millionaire of the seventh edition of the Misk Account Draw, which commenced in November, underscoring its commitment to encouraging saving habits and rewarding its customers.
Shaikha Saad al-Kaabi is the first millionaire of this Misk edition. The draw took place in the presence of official representatives from the Ministry of Commerce and Industry, along with QIB officials.
The Misk Account Draw, known for its substantial prize pool and remarkable rewards, celebrates the financial success of its customers by awarding four individuals with QR1mn each year. Additionally, 15 customers are selected weekly, each receiving QR10,000, while four customers receive a monthly prize of QR50,000. With a total of 832 winners sharing a substantial prize pool of QR14.2bn, the Misk Account Draw remains the largest cash prize ever awarded in Qatar. QIB has awarded 188 of weekly and monthly winners since the start of the seventh edition in November 2023.
Al-Kaabi said, “I am deeply thankful to QIB for providing me with the chance to become a millionaire. As a long-standing QIB customer, I have found the Misk savings account to be exceptionally unique, offering great features and benefits. This account not only helps me in reaching my dreams and aspirations but also serves as an excellent means to save money.”
D Anand, QIB general manager – Personal Banking Group, said: “The Misk Account Draw has consistently awarded cash prizes, encouraging our customers to save responsibly with QIB. Last year, Misk witnessed impressive growth and received positive feedback from our customers. We are committed to keep offering great rewards and opportunities to our valued customers.”
Existing and new QIB customers can open a Misk Account easily through the QIB mobile app. Customers will receive a free debit card, become eligible to request a free, for the first-year, credit card against their Misk Account balance, receive profits on their savings, and have the chance to frequently win cash prizes.
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