MANAMA, BAHRAIN – 17 April 2016 – Ithmaar Bank, a Bahrain-based Islamic retail bank, awarded its Thimaar savings account quarterly prize of a Lexus GS 350 plus US$25,000 to Bahraini national, Ebrahim Khalifa Ahmed Albinali. The Ithmaar Bank customer won the first ever Thimaar prize that combines a cash award with a luxury car. The Bank also announced 185 other Thimaar winners for the March monthly draw, including a US$10,000 monthly prize winner. Another 92 Thimaar account holders won US$1,000 each and 92 Thimaar Junior winners won US$200 each in the daily draws.
The Thimaar savings account was launched with a new scheme earlier this year, offering customers 4,000 prizes – the highest by any bank in Bahrain, totalling US$2.3 million throughout the year. The feature enhancements were introduced to further differentiate one of the Bank’s key products in the marketplace.
The prize was presented to Albinali by Ithmaar Bank General Manager, Banking Group, Abdul Hakeem Al Mutawa.
“I received a call from the Bank asking me to visit the headquarters. I came to the Bank with my family and we were very pleasantly surprised and delighted when we have been told that I won a Lexus car and US$25,000,” Albinali said. “I would like to thank the Bank for offering its customers such a high chance of winning these valuable prizes. We will continue to save via Thimaar savings accounts as they offer amazing prizes and also encourage people to get into the habit of saving.”
Al Mutawa said: “I am delighted to congratulate all the Thimaar winners. The Thimaar scheme, now in its sixth year, offers the highest chances of winning of any comparable product in the Kingdom, which is an extremely attractive prospect for savers. Ithmaar Bank is committed to becoming the region’s premier Islamic retail bank, continuously improving its products and services to ensure that it remains the Islamic retail bank of choice among the people of Bahrain.”
Thimaar provides US$3,600 in daily prizes, one US$10,000 monthly prize, four car and cash quarterly prizes totalling US$300,000, and US$600,000 in Eid prizes. Every BD50 maintained as an average daily balance qualifies a customer to enter the draws. The more customers save, and the longer they maintain balances in multiples of BD50, the more opportunities they have to win.
The draw was supervised by representatives from the Ministry of Industry and Commerce (MOIC), external supervisors, Key Point, and the Bank’s own internal auditors at its Seef district headquarters. The full list of winners is available at www.ithmaarbank.com/thimaar.