24 Oct 2016
MANAMA, BAHRAIN – 24 October 2016 – A Bahraini mother of four was presented a luxury car and US$25,000 in prize money after winning the third quarterly Thimaar prize.
Thimaar, a prize-based saving account, was introduced by Ithmaar Bank, a Bahrain-based Islamic retail bank, to encourage a more responsible saving pattern by offering prize-linked incentives alongside anticipated profits to the customers. Every year since its launch almost six years ago, Thimaar has been revised to include new prize schemes. This year, Ithmaar Bank is distributing 4,000 prizes totalling US$2.3 million throughout the year as Thimaar prizes, including luxury cars and cash prizes each quarter.
The latest Thimaar prize, a Lexus GS 350 and US$25,000 in prize money, was awarded to Wajeeha Abdulla Salim Mohamed Altehmazi who won the third quarterly Thimaar prize following a draw that was supervised by representatives from the Ministry of Industry, Commerce and Tourism, external supervisors, Key Point, and the Bank’s own internal auditors.
The prize was presented at a ceremony held at Seef Mall and attended by Ithmaar Bank General Manager, Banking Group, Abdul Hakeem Al Mutawa, Assistant General Manager, Head of Retail Banking, Mohammed Janahi, and other senior officials from the Bank.
Ithmaar Bank also announced 181 other Thimaar winners for the September monthly draw, including a US$10,000 top monthly prize winner. Another 90 Thimaar account holders won US$1,000 each and 90 Thimaar Junior winners won US$200 each in the daily draws.
“My family and I were pleasantly surprised when we were told about winning a Lexus car as well as US$25,000,” said Altehmazi. “We are all, obviously, very delighted and feel truly blessed,” she said. “We’ve been long-term customers of Ithmaar Bank, and would like to thank the Bank for offering its customers high chances of winning so many valuable prizes,” said Altehmazi. “We will continue to save with Thimaar savings accounts for more chances to win more amazing prizes,” she said.
Al Mutawa congratulated Altehmazi and all Thimaar prize winners, and wished them all continued success.
“The Thimaar scheme makes a compelling case for responsible savings and is an extremely attractive prospect for our customers,” said Al Mutawa. “This is perhaps best illustrated when customers like Wajeeha win prizes like her new luxury car and US$25,000 in cash,” he said.
“We are pleased to be able to bring so much joy and happiness to our customers, and wish all of them the very best for future draws,” said Al Mutawa. “We will continue to work towards enhancing our customers’ Islamic banking experience, and we remain as committed as ever to becoming the Islamic retail bank of choice in Bahrain,” he said.
Thimaar provides US$3,600 in daily prizes, one US$10,000 monthly prize, four car and cash quarterly prizes totalling US$300,000, and US$600,000 in Eid prizes. Every BD50 maintained as an average daily balance qualifies a customer to enter the draws. The more customers save, and the longer they maintain balances in multiples of BD50, the more opportunities they have to win.
The full list of winners is available at www.ithmaarbank.com/thimaar