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Business / Qatar Business

QIB reveals new 'Misk Account Millionaire'

Published: 15 May 2023 - 08:32 am | Last Updated: 15 May 2023 - 08:34 am
The New Misk Millionaire receives the prize from QIB’s representatives.

The New Misk Millionaire receives the prize from QIB’s representatives.

The Peninsula

Doha: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced the new millionaire winner of its Misk Account draw for the year 2023.  Ali Abdulla Al Attiyah was awarded QR1m at the 6th edition of the draw, with two more Millionaires to follow until November.

The lucky winner was selected randomly in a draw that took place in the presence of official representatives from the Ministry of Commerce and Industry as well as QIB officials.

QIB’s Misk Account is a savings account that offers customers exceptional features and benefits and gives them the opportunity to win weekly, monthly, and grand prizes quarterly. With four Millionaires to be awarded throughout the year, this edition of the Misk Account Draw has seen the number of monthly prizes double from two to four, with each monthly winner receiving QR50,000. In addition, QIB is offering QR10,000 to 15 winners every week, bringing the total number of winners to 832 receiving QR14.2m dedicated for this edition.

Running from November 17, 2022, until November 16, 2023, QIB’s Misk Account Draw has continued to offer customers the freedom to deposit and withdraw money from their account at their convenience while giving them the opportunity to win life-changing prizes.

Commenting on winning the grand prize, Ali Abdulla Al Attiyah said: “I am grateful to QIB for the chance to become one of the lucky winners. I was hoping it could happen, but I was totally surprised when I got to know and I feel honoured to be a QIB customer. I think that opening a Misk Account is an excellent way to save money and have the chance to win cash prizes. I strongly encourage everyone to participate in the Misk Account draw by opening their own Misk Account.” D Anand, QIB’s General Manager – Personal Banking Group said:

“Congratulations to our new millionaire. We are pleased to continue offering the Misk Account and its exceptional rewards, making it the largest prize pool for a savings account in Qatar. At QIB, we believe in promoting good saving habits. We would also like to extend our heartfelt thanks to our loyal customers for their trust and support, as we remain committed to rewarding them with many more exciting prizes and rewards in the future.”

To be eligible for weekly cash prize draws, customers must maintain a minimum monthly balance of QR10,000. For the grand prize draws, customers must have had the account open for at least three months and maintain a minimum balance of QR10,000 for each of those months. Additionally, for every extra QR10,000 saved, the customer earns an extra chance in the prize draws.