MANAMA, BAHRAIN – 6 April 2022 – Ithmaar Bank, a Bahrain-based Islamic retail bank, presented the BD100,000 quarterly Thimaar grand prize for March to a three-year old Bahraini child, Husain Ali Mohamed.
The child’s family received the cash prize on his behalf from Ithmaar Bank Deputy Chief Executive Officer, Abdul Hakeem Al Mutawa, Ithmaar Bank General Manager - Business Banking Group, Abdulla Talib, as well as Ithmaar Bank General Manager - Retail Banking Group, Mohammed Janahi, at Ithmaar Bank’s Head Office in Seef district.
“On behalf of all of us at Ithmaar Bank, we congratulate Husain and his family, and all the other Thimaar monthly and Ramadan winners,” said Al Mutawa. “We are pleased to be able to bring so much happiness to so many families during the Holy month,” he said.
Ithmaar Bank’s prize-linked saving account Thimaar continues to offer customers the highest chances of winning in Bahrain. In 2022 alone, Thimaar features a total prize purse of BD1,614,000, including four quarterly grand prizes of BD100,000 each, 12 winners of monthly salaries of BD1,000 for one year, and other monthly cash prizes, making it one of the most rewarding saving schemes in the Kingdom.
Customers can instantly open a Thimaar account directly from their mobile phones, without the need to physically visit a branch. Bahraini and non-Bahraini residents can securely open new accounts in just a few minutes by simply downloading Ithmaar Bank’s Mobile App.
Thimaar, Arabic for fruits or harvest, was introduced to help encourage customers to adopt a more responsible saving pattern by offering cash prizes along with an expected profit rate.
Every BD30 maintained as an average balance qualifies Thimaar account holders to enter the monthly draws. The more customers save, and the longer they maintain balances in multiples of BD30, the more opportunities they have to win.