The best account of its kind in Kuwait in terms of the number of winners and offering the highest monthly expected returns

Kuwait, 9 March 2024: Kuwait International Bank (KIB) announced the launch of the Al Dirwaza account 2024 draw campaign, distinguished by the highest number of winners throughout the year in addition to the highest expected annual return of up to 2% distributed monthly. As part of this year’s campaign, 12 winners will be selected in the weekly draws, where the first to fifth winners will receive KD 1,000 each and the sixth to twelfth winners will receive KD 500 each. In the monthly draws, two winners will be crowned, with each winner receiving a prize of KD 5,000, while in the annual draw, one winner will receive a prize worth KD 100,000.

To this end, the Bank revealed the names of the winners in the monthly and weekly draws, which were held in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. Saleh Eissa Saleh Alkhamees and Mohammad Imad Adnan Alhou each won a prize worth KD 5,000 in the monthly draw. As for the weekly draw, the KD 1,000 prize was awarded to Ahmed Elmitwalli Ahmed Elmitwalli, Noufa Hamed Mezael, Redha Bin Mohammad Bojadi, Hayef Reja Lafi Alharbi, Atallah Mubarak Balladi Aldhafeeri, whilst the KD 500 prize was awarded to Raghib Ashraf Zuberi, Mohammad Hadi Abdulrazzaq Alhajri, Mahmoud Yousef Alibrahim, Bader Hammad Mesyar Drieeb, Hamida Hulaiel Hamad Alenezi, Nawaf Saud Saad Alenezi, and Amar Humoud Naser Almusallam.

On this occasion, Ali Alsane, Manager - Product Development, Digital Innovation and Data Intelligence at KIB, said: “We are committed to enriching our customers’ experience and have launched a distinctive draw campaign for Al Dirwaza account this year, featuring numerous benefits aimed at achieving success. This campaign encourages our customers to be keen on saving, offering them a chance to enjoy benefits and rewards in return for their savings. It motivates customers to deposit funds and enter the draws, which boast the highest number of winners throughout the year. On this occasion, we wish all account holders greater chances of winning in the weekly, monthly, and annual draws.”

He added: “At KIB, we constantly strive to introduce products and solutions that enable us to reward our customers, earn their loyalty, and ensure the highest levels of satisfaction. In line with KIB’s main slogan ‘Bank for Life’, we remain dedicated to offering the best banking experience that caters to the modern lifestyles of all customer segments and meets their expectations.”

Alsane asserted that KIB also continues to develop the benefits and advantages of its campaign, which is designed to encourage customers to open an Al Dirwaza account digitally through the KIB Online platform or KIB Mobile application.

It serves to note that Al Dirwaza 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 of up to 2% disbursed on a 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 account holders are eligible to enter the weekly, monthly and annual draws on the condition of maintaining at least KD 100 in their account. For the weekly and monthly draws, each KD 1 that has 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 a two-month 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 Supervisory Board. Furthermore, the account comes with a wide range of benefits, including the ease of opening the account, which does not 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.