MANAMA: Ithmaar Bank, a Bahrain-based Islamic retail bank, presented two Bahrainis, Mohamed Yousif Mohamed Janahi, father of four and Fatima Ahmed Abdulla, mother of four, a cash prize of US$100,000 each as the Bank distributed the second Thimaar quarterly prizes for the year.
The draw was held remotely at the Bank’s headquarters in Seef district and supervised by the Ministry of Industry, Commerce and Tourism (MOICT), as well as external auditors BDO Bahrain and the Bank’s own internal auditors.
“I’m obviously delighted to win the US$100,000 quarterly prize of Thimaar,” said Janahi. “When I received the phone call from the Bank’s Branch Manager informing me that I won the prize, I felt I was watching a dream coming true. It is truly a blessing from Allah, the Almighty,” he said.
“I’ve always dealt with Ithmaar Bank and I’ve been banking with them for more than 18 years. The Bank has always offered Thimaar account prizes to a large number of winners, which was a big part of the appeal for me as it increases my chances of winning,” said Janahi. “The Bank has also made it easier for anyone to open an account, with the Mobile App. Opening new accounts digitally is, truly, very convenient,” he said.
“Getting to know that you won US$100,000 in cash is always a splendid news,” said Fatima Abdulla. “In these challenging times, this win comes at just the right time for me and my family. It has made us all very happy,” she said.
“I’ve been banking with Ithmaar Bank for or a long time because of its efficient and reliable customer service,” said Fatima Abdulla. “I haven’t been fortunate enough to win cash prizes over the past years. So, winning with Ithmaar Bank was a complete shocker for me, and it was almost hard to believe its true,” she said.
On behalf of all of us at Ithmaar Bank, I congratulate both Mohamed and Fatima and their families on winning the second Thimaar quarterly prizes. I would also like to take the opportunity to congratulate all other Thimaar winners of this month,” said Ithmaar Bank Chief Executive Officer, Ahmed Abdul Rahim.
“Saving money for the future is one of the wisest decisions for each one of us, although it can certainly be a challenge. Thimaar savings account incentivises saving and investing for the future, and we are truly honoured to be part of this journey with our customers,” he said.
“Ithmaar Bank offers the highest number of prizes of any similar scheme in Bahrain, making Thimaar account one of the most rewarding saving schemes in the Kingdom,” said Abdul Rahim. “With another grand prize of US$1 million prize coming up this year, our forthcoming winner will be another Thimaar millionaire. These potentially life changing prizes can be won with a little as a single BD30 deposit, and the more you save and the longer you wait the bigger your chances,” he said.
“Customers can now instantly open a Thimaar account directly from their mobile phones, without the need to physically visit a branch. Bahraini and non-Bahraini residents can now securely open new accounts in just a few minutes by simply downloading Ithmaar Bank’s Mobile App,” he said.
This year, a total of 2,271 prizes will be awarded, the most offered by any bank in Bahrain. Throughout the year, customers are able to win US$1 million grand prize, six quarterly prizes worth US$100,000 each, along with many more cash prizes.
Thimaar, Arabic for fruits or harvest, is a prize-based saving account that Ithmaar Bank introduced to help encourage its customers to save. The Thimaar account was designed to encourage people to adopt a more responsible saving pattern by offering cash prizes, along with an expected profit rate.
