Al Dirwaza account is the best of its kind in Kuwait for offering the highest monthly expected returns and cash prize draws  

Kuwait, 6 May 2023: Kuwait International Bank (KIB) announced the names of the winners in the fourth Al Dirwaza account monthly draw, based on customers’ April deposits. The draw was held in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. In this draw, MARIAM HUSSAIN ALKANDARI won KD 10,000, whilst the KD 1,000 prize was awarded to 10 winners in total: Bader Saleem Salem Alrasheedi, Alaa Ali Hussian AlHamad, Mohamed A M Metwaly, Ali Hussain Abdullah Aljazzaf, Ahmad Abdulmohsen Ahmad Alnaser, Bader Mukhtar Hasan Al Shatti, Mohamed Shaker Hasan Ameen Alawadhi, Mohammad Shaker Mahmoud Behbehani, Zainab Ali Behbehani, Asem Mohammad Abdulhameed Ali.

Speaking about the draw, Ali Al Sane, Manager - Product Development, Digital Transformation & Innovation at KIB, said “We would like to extend our congratulations to our esteemed customers who were the lucky winners in this fourth Al Dirwaza Account draw. We also wish the rest of Al Dirwaza account holders the best of luck in the upcoming monthly draws.” He added: “At KIB, we are committed to continue rewarding our customers and account holders, while ensuring their satisfaction and loyalty towards our products and services. As part of efforts to establish a closer bond with our customers, the Bank has been keen on offering premium banking products and the greatest benefits to help them meet their banking needs and aspirations, while catering to their modern lifestyles.”

Moreover, Al Sane noted that KIB recently relaunched its campaign designed to enable its customers to open an Al Dirwaza account digitally through the bank’s digital platforms, whether via KIB Online or the KIB Mobile application. 

It serves to note that Al Dirawaza account is a savings account for individual customers, based on the Wakala investment principle, launched by KIB as one of its banking products for individuals. The account is currently the best of its kind in the sector, with annual expected profits up to 2% disbursed on monthly basis where the customer gets an expected profit of 2% for the first 3 months from the account opening date and up to 1% expected rate onward. The expected profits are automatically deposited into the customer's account within the first day of the beginning of each month. 
Al Dirwaza is a draw account as well, whereby 11 winners will be announced every month, receiving prizes of KD 20,000, along with a grand prize at the end of the year of KD 100,000. Al Dirwaza account holders are eligible to enter the monthly and mega draws on the condition of maintaining at least KD 100 in their accounts. For the monthly draws, each KD 1 completed a full month’s cycle in the account will count for one chance and chances are calculated based on the lowest monthly balance preceding the draw. As for the mega draw, chances are calculated for each KD 1 that completes two months cycle in the account – based on the lowest two monthly balances prior to the draw.

Al Dirwaza account is also in compliance with the provisions of Islamic Sharia and approved by the KIB’s Sharia Board. Furthermore, the account comes with a wide range of benefits, including the ease of opening the account, which doesn’t require a salary transfer, and the customer’s ability to open it remotely without visiting a branch through KIB Online on the Bank’s website or KIB Mobile application on smartphones. 
Additionally, Al Dirwaza account automatically grants customers instant issuance of an ATM card, with a KD 2,000 ATM daily withdrawal limit, as well as the ability to issue credit cards against the cash collateral in the account. To open the account and participate in its draws, a minimum of KD 100 is required and can only be withdrawn upon account closure.