Barwa Bank announces the grand prize winner (QAR 1 million) of Thara’a savings account
Doha, Qatar –18 January 2020 – Barwa Bank has announced Zayed Rashed M Al-Naemi as the winner of its QAR1 million Thara’a grand prize. The draw was conducted under the supervision of a representative of the Qualitative License and Market Control Department at the Ministry of Commerce and Industry.
Thara’a, Qatar's Shari’ah compliant and the first in Islamic banking sector, offers account holders the chance to benefit from cash rewards up to 1,000,000 Qatari Riyals. Based on several criteria, Thara’a account holders are eligible for a number of periodic draws for cash prizes. Totalling 3,290,000 Qatari Riyals, Thara’a cash rewards are distributed on a monthly, quarterly and biannual basis to customers holding a minimum balance of 10,000 Qatari Riyals with the Bank.
On a monthly basis, there are 42 winners per draw for the cash prize of 5,000 Qatari Riyals, as well as two winners per draw for the cash prize of 10,000 Qatari Riyals. Additionally, three times a year there are two winners per draw for the cash prize of 25,000 Qatari Riyals prize, two winners per draw for the cash prize of 50,000 Qatari Riyals and once a year one winner per draw for the grand prize of 1,000,000 Qatari Riyals -rewarding 365 winners in total with cash prizes up to 3,290,000 Qatari Riyals.
On this occasion, Mr. Khalid Al-Subeai Group Chief Executive Officer at Barwa Bank said:
“Congratulations to the winner of our One Million Qatari Riyals grand prize. As a bank, we believe it is important to find ways to give back to our esteemed customers. After running this promotion for years, we have found our prizes to be a successful way to reward customers while continuing to provide them with the range of benefits that come with Thara’a.”
Coupled with cash prizes and a reward scheme, Thara’a is a product full of value-added benefits and services. Thara’a offers account holders access to Barwa Bank’s innovative banking channels and much more benefits including unlimited withdrawals and deposits.
Winner Zayed Al Naemi said: “I thank Barwa Bank for the transparency, excellence and range of its banking services, and I am happy to be one of the clients of this leading Bank.”
Barwa Bank offers an extensive variety of personal banking products and investments, as well as nine strategically located branches and a broad network of ATMs located across Qatar. Customers can access their accounts at any time through the state-of–the-art online banking, our mobile application, or via the 24/7 Contact Centre.
Customers may learn about the many benefits of Thara’a savings account by visiting Barwa Bank’s website, www.barwabank.com, or by calling the Contact Centre on 800 8555.