Search KuwaitPR.com

Home >> Business and Economy

KIB announces winners of Al Dirwaza account's weekly draw w2

KIB announces winners of Al Dirwaza account's weekly draw w2

Thursday, November 14, 2024/ Editor -  

Share

Home >> Business and Economy

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

Kuwait, 13 November 2024: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2024 campaign, which is distinguished by the highest number of winners throughout the year. The second weekly draw, based on customers’ October deposits, recently took place in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. The KD 1,000 prize was awarded Deemah Khaled Saad Abdullah, Rashed Abdullah Sunaideh Almuwaizri, Awatef Khudhair Abdulrahman Alkhamees, Fadhila Shehab Ouda Alfadhli, Walid Ahmed Ali Abdelrehim, whilst the KD 500 prize was awarded to Ahmed Hanafy Hassan Elsayed, Ashraf Mohamed Elsouda Mohamed, Mariam Hussain Murad Alkandari, Abdulwahab Mustafa Mohammad Alkanderi, Haya Haneef Dhawi Alotaibi, Mansour Ayedh Mubarak Alobaidan, Shareefah Ahmad Ali Alkandari.

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.

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.


Previous in Business and Economy

Next in Business and Economy


Home >> Business and Economy Section

Latest Press Release

Burgan Bank Partners with Soroptimist Kuwait to Support the UN's ‘Orange the Wor ...

KIB awarded “Excellence in FinTech Innovation & Digital Leadership in Kuwait for ...

Burgan Bank Sponsors Nexus 2024, Kuwait's Biggest Technology and Innovation Even ...

KIB to be closed on the day of the GCC Summit hosted in Kuwait, providing servic ...

Catrice Launches Invisible Cover Foundation: Where Comfort Meets Confidence in O ...

What's Your Juicy? essence Introduces the JUICY BOMB glossy butter balm

KIB announces winners of Al Dirwaza account's weekly draw nov-w4

Kuwait's New Palace of Justice Project Named ‘Building Project of the Year' in t ...

Ajmal Perfumes Enhances Travel Retail with New Boutique in Muscat Duty Free

Burgan Bank Expands Corporate Banking with the Opening of New Sabhan Branch

To promote banking and financial literacy, and in support of the "Let's Be ...

Burgan Bank Hosts Prostate Cancer Awareness Workshop in Collaboration with Kuwai ...

KIB concludes its successful International Fraud Awareness Week campaign

WFP requires us$16.9 billion in 2025 to respond to unrelenting humanitarian need ...

IATA Wings of Change Europe Conference Calls for EU to Prioritize Competitivenes ...

KIB announces winners of Al Dirwaza account's weekly draw nov 24

Ooredoo kuwait sponsors kuwait triathlon center in GCC Triathlon

Burgan Bank Sponsors Salwa Al-Sabah Sport Club Women's Handball and Volleyball T ...

KIB offers Visa Infinite credit card holders free valet parking across Kuwait

Benefit Cosmetics is revealing its Benemart Holiday Collection!