Barwa Bank has announced the names of winners in the latest draw for Thara’a, its Shariah-compliant savings account.
Bank clients Marlo Enriquez and Baina al-Marri each won a cash prize of QR50,000.
Also, a cash prize worth QR25,000 was awarded to Miskath Sharifdeen and Mohamed Alabadi, the bank said in a statement yesterday.
The draw was conducted under the supervision of a representative of the qualitative licence and market control department at the Ministry of Commerce and Industry. On a monthly basis, there are 42 winners per draw for the cash prize of QR5,000 each, as well as two winners per draw for the cash prize of QR10,000.
Additionally, quarterly there are two winners per draw for the cash prize of QR25,000 each, two winners per draw for the cash prize of QR50,000 each, and yearly there is one winner of the grand prize of QR1,000,000.
In all, the scheme rewards 365 winners with cash prizes up to QR3,290,000.
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”, the statement added.
Customers may learn about the many benefits of Thara’a savings account by visiting Barwa Bank’s website, www.barwabank.com, or by calling the Contact Centre on 800 8555.
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