Barwa Bank has announced the names of the 16th round of draw winners for Thara’a, its Shariah-compliant savings account, in a ceremony held at the bank’s headquarters.
In a statement, the bank said Mohamed Khir Arab, Hussein Soliman Hussein Ibrahim, Abdulla Demen M M al-Muhannadi, and Mohamed Sayab Khan Ferozuddin Khan each won a cash prize of QR10,000.
Also, a cash prize worth QR5,000 was awarded to Ibrahim A I Abueidda, Khalil Ibrahim Hendawi, Fesal Ahmed M I al-Emadi, Khaled Azaiez, Abubakr Mohsin A M al-Atas, Alawi Abdulkadir al-Juneid, and Babiker Ali.
The draw’s 16th round was conducted under the supervision of a representative of the qualitative license 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.
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 QR10,000 cash prize.
Additionally, twice a year, there are four winners per draw for the QR25,000 cash prize, two winners per draw for the QR50,000 cash prize, and one winner per draw for the grand prize of QR1mn, 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.
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.
Customers may learn about the many benefits of Thara’a savings account by visiting www.barwabank.com or by calling 800 8555.
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