Thara'a: Barwa Bank names draw winners
19 Mar 2017 - 0:07
Barwa Bank has announced the names of the 16th round of draw winners for Thara’a, its Shari’ah compliant savings account.
Mohamed Khir Arab, Hussein Soliman Hussein Ibrahim, Abdulla Demen M M Al-Muhannadi and Mohammad Sayab Khan Ferozuddin Khan, each won a cash prize of QR 10,000.
Also, a cash prize worth QR5,000 was awarded to the following: 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 1,000,000 Qatar riyals, 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.
Totalling 3,000,000 Qatari riyals, 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 7 winners per draw for the cash prize of QR5,000 , as well as 4 winners per draw for the cash prize of QR10,000. Additionally, twice-a-year there are 4 winners per draw for the cash prize of QR25,000 , 2 winners per draw for the cash prize of QR50,000 and 1 winner per draw for the grand prize of QR1,000,000. Rewarding 102 winners in total with cash prizes up to QR3,000,000.
Coupled with cash prizes and a reward scheme, Thara’a is a product full of value-added benefits and services.