Manama: Khaleeji Bank, one of the leading Islamic banks in the Kingdom of Bahrain, has won the Best Raffle Account in Bahrain 2026 award for its “Al Waffer” account at the International Business Magazine (IBMAG) Awards. The recognition marks another achievement for the Bank and reflects its continued success in developing innovative banking products that promote a culture of saving while delivering a rewarding customer experience.

This comes in appreciation of the continued success of “Al Waffer” as one of Khaleeji Bank’s flagship savings and prize programmes, as well as the ongoing development of its prize structure and expansion of winning opportunities over recent years. This reflects the Bank’s commitment to offering banking products that meet the aspirations of diverse customer segments and deliver greater added value.

In 2026, Khaleeji Bank launched the largest edition in the history of the “Al Waffer” programme, with total prizes exceeding USD5 million. The programme is headlined by three grand prizes of USD1 million for each winner, alongside four grand prizes of USD250,000, in addition to a range of monthly prizes offered through the “Al Waffer Club” and “Ajyal Al Waffer” programmes, providing wider opportunities to win across different age groups throughout the year.

“Al Waffer” is one of Khaleeji Bank’s flagship savings products. Based on the principles of Shari’a-compliant Mudharaba, the account provides customers with opportunities to win a wide range of prizes, in addition to returns associated with the account, combining savings objectives with the opportunity to earn rewarding benefits within a banking experience that complies with the principles and provisions of Islamic Shari’a.

Khaleeji Bank is one of the leading Islamic banks in the Kingdom of Bahrain, offering a comprehensive range of innovative Shari’a-compliant banking products and services to individuals and businesses, alongside its continued contributions to national, community and development initiatives across the Kingdom.