Al Baraka Islamic Bank, a leading Bahraini financial institution in the field of Islamic banking, has recently introduced the new Al Barakat Account scheme. This savings account scheme will run from June of this year through January 2025, offering customers a chance to win cash prizes totaling over 2 million US dollars. The scheme includes 5 Grand Prizes worth a quarter of a million US dollars each, as well as monthly salaries for a full year worth $10,000 US dollars. Additionally, there will be 26 loyalty prizes worth $5,000 US dollars for long-standing Al Barakat customers, marking the 10th anniversary of the account’s launch.
The initiative, known as “Summer of Al Barakat,” will see more prizes being revealed at a later date. Mr. Mazin Dhaif, the Chief Retail Officer at Al Baraka Islamic Bank, expressed his excitement about the new scheme. He stated that the Al Barakat account will provide customers with greater opportunities to win exceptional cash prizes, while also offering unprecedented financial opportunities and rewarding the trust and loyalty of customers. Customers can open an Al Barakat Savings Account by depositing a minimum of BD50 or USD135, and individuals of all nationalities over the age of 18 are eligible to do so through the Bank’s digital application.
The Al Barakat Savings Account is designed to provide customers with a thrilling journey of potential windfalls. By opening this account, customers not only have a chance to win cash prizes but also benefit from financial opportunities. The account can be opened digitally without the need to visit the branch, making it convenient for customers. Additionally, guardians can open the account on behalf of minors, further expanding accessibility.
Through the Al Barakat Account, Al Baraka Islamic Bank aims to reward its loyal customers and attract new ones by offering a unique and exciting savings scheme. This initiative demonstrates the Bank’s commitment to providing innovative Islamic banking solutions and reinforcing its position as a pioneer in the industry. Customers can look forward to engaging with the Al Barakat scheme and potentially winning attractive cash prizes, which will further enhance their banking experience.
With the new scheme launching soon, customers are encouraged to take advantage of this opportunity to open an Al Barakat Savings Account and start their journey towards potential cash prizes. The account not only offers the chance to win significant amounts of money through various prizes but also provides a platform for customers to benefit from financial opportunities and rewards. By opening an Al Barakat Account, customers can be part of a unique savings journey that combines Islamic banking principles with exciting cash incentives.