News of Bahrain
Bahrain9 January 20162 min read

KHCB awards “Dream Of Life” prize

By DT News Network. K HCB, one of Bahrain's leading Islamic banks, yesterday announced the lucky winner of its Annual Mega Draw "Dream of Life" prize consisting of a 759 sqm luxury villa in Oryx Hills, a new BMW 520 Series and US$25,000 in cash. In its sixth year, the dream prize was awarded to Abdu

Editorial Team Legacy

Published 9 January 2016, 8:00 · Updated 22:12

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KHCB awards “Dream Of Life” prize

KHCB, one of Bahrain’s leading Islamic banks, yesterday announced the lucky winner of its Annual Mega Draw “Dream of Life” prize consisting of a 759 sqm luxury villa in Oryx Hills, a new BMW 520 Series and US$25,000 in cash.

In its sixth year, the dream prize was awarded to Abdulnasser Abdulaziz Mohammed Abdulla at a public drawing, held under the supervision of the Ministry of Industry and Commerce; on January 4 at KHCB headquarter in Bahrain Financial Harbour.

The Annual Draw Announcement was held at Amwaj Lagoon and it was open to KHCB customers of its Al Waffer deposit accounts and audiences. Rewards for Al Waffer deposit customers include chances to win a Monthly Grand Prize draw consisting of six Porsche Cayenne or five US$100,000 in cash in addition to 39 cash prizes each month in 2016.

Customers are automatically entered into the draw each month and provided with a chance to win for every BD50 in their Al Waffer account. Calculations for entry are based on the lower of an account’s actual closing balance or average balance at the end of each calendar month.

CEO at KHCB, Khalil Al Meer, said, “To further encourage growth in deposits and growth in savings, we continue to focus on enhancing the rewards and will also soon announce even further incentives to make investments even more rewarding.”

While Al Waffer accounts provide for full flexibility in deposits and withdraws, customers can earn “Double Points” and enhance their chances of winning by maintaining deposits and not making partial withdrawals each month.

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