Barwa Bank has announced the fourth round of draw winners for Thara’a, its Shariah-compliant savings account.
Capping the 2015 series of draws with a dual reward for Thara’a account holders, the draw doubled up the chance for Salem Said al-Merri and Alla Hail Marouf to each walk away with QR1mn.
The draw was held at Barwa Bank’s headquarters under the supervision of a representative of the quantitative licence and market control department at the Ministry of Economy and Commerce.
The prizes were handed in presence of acting Group CEO Khalid al-Subaie and personal banking and wealth management general manager Hussain al-Abdullah. The upcoming Thara’a draw will be held on February 10.
Thara’a savings account is the first-of-its kind in Qatar’s Islamic banking sector to offer customers the opportunity to win cash prizes up to QR1mn and monthly cash prizes.
Al-Subaie said: “We aim to constantly provide our clients with tailored products such as Thara’a, which is Shariah-compliant and in line with the modern banking offerings.”
He added: “The Thara’a saving account has witnessed a great response from our clients. This confirms, once again, Barwa Bank’s commitment to always provide highly-innovative services that reflect the bank’s strategic vision and meet clients’