Manama: Bahrain Islamic Bank (BisB), the leading provider of digital Islamic banking services in the Kingdom of Bahrain, has announced the launch of “Tejoori Premium,” a new offering designed to elevate the banking experience for customers through a range of exclusive benefits for their investments.
This meticulously designed product caters to discerning investors through two tiers: “Tejoori Premium Lite” and “Tejoori Premium.” The minimum deposit requirement commences at BD 50,000 for Tejoori Premium Lite and BD 75,000 for Tejoori Premium, both offering a one-year tenor period.
Tejoori Premium offers customers the advantage of highly competitive profit rates, with the convenience of annual profits paid in advance. This is further complemented by the opportunity to participate in exclusive monthly draws as part of the Bank’s acclaimed Tejoori Al Islami reward programme. Two winners will be selected in each monthly draw for the cash prize of BD 10,000.
The benefits extend beyond financial rewards, with Tejoori Premium users being able to avail exclusive packages on health insurance from GIG Takaful and property maintenance from iFix. Additionally, BisB’s Visa Infinite credit card, with its comprehensive features including travel insurance, extended warranty, and exclusive airport lounge access, will be available to them entirely free of charge.
“We are delighted to introduce our Tejoori Premium product with two exclusive categories to cater to distinct market segments. We are confident that this new product, with its carefully chosen suite of privileges tailored to meet diverse banking needs, will garner significant interest from our esteemed clientele. Tejoori Premium signifies our steadfast commitment to continually enrich our service portfolio that delivers an unparalleled banking experience,” Fatema AlAlawi, Chief Retail Banking Officer at BisB said, on this momentous launch.
The 2024 edition of BisB’s flagship Tejoori Al Islami scheme introduces novel segments, such as “Tejoori for Her” exclusively designed for women, “Tejoori Youth” tailored for customers under the age of 25, and “Tejoori First-time Winner” specifically catering to customers who have not won in the past year or more. This year’s scheme boasts an expanded prize pool to award 2,024 winners.
In addition to the customary monthly prizes, this year’s scheme offers a series of enticing quarterly rewards, with prizes of $100,000 in the first quarter, $200,000 in the second, and $300,000 in the third quarter. The pinnacle of the Tejoori Al Islamic scheme is the grand prize of a life-changing sum of $1,000,000.
