Al Salam Bank-Bahrain, the pioneering Shari’a compliant bank in the Kingdom, announced the first Danat Al Salam Grand Prize winner of 2019, Hussain Abdulla Hussain, who won a luxury villa in Muharraq in the semi-annual draw. Mr. Mohammed Buhijji, Head of Retail Banking, congratulated Mr. Hussain and presented him with the keys to his new home.
Mr. Hussain, a Bahraini national school teacher, had planned to gradually increase his investment to US$100,000 with the aim of buying a land and getting married. He said: “Although I was trying hard to save for the future, I only had a small amount put away. I thought it would take years to reach my goal of buying a property. Now thanks to investing in Danat Al Salam, I am thrilled to own my own house. I look forward to turning it into a home and finding a wife to share it with. I never expected to win this prize, it’s an incredible feeling and I’m very grateful to Al Salam Bank.”
Mr. Buhijji said: “The Danat Al Salam investment savings scheme does more than just encourage customers to achieve their financial goals, it helps to turn their dreams into a reality. We are delighted to help Mr. Hussain realize his dream of becoming a home-owner with this life-changing prize. At Al Salam Bank-Bahrain, we continuously seek new ways to improve our services and reward our loyal customers; the Danat savings scheme is a fitting example.”
Mr. Buhijji added: “We encourage all our customers to increase their investments for a chance to win the Al Dana Final Grand Prize, which is the single biggest cash prize in Bahrain’s history worth US$1.5 million. Customers will also be able to benefit from the attractive monthly profit feature on their Danat balances. We also remind our customers that the longer you invest, the greater your chances of winning as Danat Al Salam account holders are entitled to further entries to the draw for each additional month they invest.”
Danat savings scheme customers also have the opportunity to enter into monthly draws for a chance to win the Gmash Grand Cash Prizes totaling $50,000 and the Fusoos Cash Prizes totaling $86,500. Furthermore, customers that hold or invest a minimum amount of BD 1,000 at specific branches have the chance to win special branch draw prizes of BD 1,000.
To be eligible for the prize draw, customers need to open a Danat savings account at any Al Salam Bank branch with a minimum deposit of BD50 or apply through the online product application service “Apply@Home” available on the bank’s website. The Danat Savings scheme draws will be officiated by representatives from the Ministry of Industry and Commerce and Tourism along with the internal and external auditors and in accordance with Central Bank of Bahrain and Ministry of Industry and Commerce and Tourism laws.