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Al Barakat Saving Account
 

alBarakat Savings Account, a fully Sharia’a Compliant savings account from Al Baraka Islamic Bank, in its third year offers you more cash prizes than ever before. Investing in alBarakat Savings Account gives you an opportunity to win Monthly Cash Prizes throughout the year, including a Grand Prize of BD 200,000 the draw for which will take place at the end of the year. Save and be among 77 monthly winners of unbelievable prizes which include a Monthly Grand Prize that starts from BD 5000 in the first month, reaching up to BD 200,000 by the end of the year.  Other Monthly Prizes include a monthly salary of BD 555 for a year, along with many more cash rewards. Open your alBarakat Savings Account today with an investment of BD 50 minimum and be automatically entered into our Monthly Draw. Every BD 50 invested in your account increases your chance to win these amazing prizes.

 

The wining chances of the accountholder to enter into the raffle to win one of the prizes will multiply, according to the multiple of the minimum balance of the account of BD50 and the accountholder will be qualified to enter into the raffle of the monthly prizes with one chance against each BD 50 as average daily balance for at least 30 days, and will be qualified to enter into the raffle of the grand prize with one chance against each BD50 as average daily balance for at least 90 days.

 

Individuals of all nationalities who are over the age of 18 are eligible to open “alBarakat” account. The account can be opened on behalf of minors by their parents or their legal representatives, as well by institutions and companies.

 

Subject to the provisions thereof, deposits held with the Bahrain office of Al Baraka Islamic Bank B.S.C (C) are covered by the Deposit Protection Scheme established by the Central Bank of Bahrain regulation concerning the establishment of a Deposit Protection Scheme and a Deposit Protection Board

 

 Application form

 Account brochure

 

Draw Description

Date

Prizes

Winners

Monthly

04/10/2016

Grand Prize BD5,000 x 1

Oct

Salary BD 555 x 1

BD500 x 25

BD300 x 50

Monthly

06/11/2016

Grand Prize BD10,000 x 1

Nov

Salary BD 555 x 1

BD500 x 25

BD300 x 50

Monthly

04/12/2016

Grand Prize BD15,000 x 1

Dec

Salary BD 555 x 1

BD500 x 25

BD300 x 50

Monthly

05/01/2017

Grand Prize BD20,000 x 1

Jan

Salary BD 555 x 1

BD500 x 25

BD300 x 50

Monthly

05/02/2017

Grand Prize BD25,000 x 1

Feb

Salary BD 555 x 1

BD500 x 25

BD300 x 50

Monthly

06/03/2017

Grand Prize BD30,000 x 1

Mar

Salary BD 555 x 1

BD500 x 25

BD300 x 50

Monthly

04/04/2017

Grand Prize BD35,000 x 1

Apr

Salary BD 555 x 1

BD500 x 25

BD300 x 50

Monthly

04/05/2017

Grand Prize BD40,000 x 1

May

Salary BD 555 x 1

BD500 x 25

BD300 x 50

Monthly

05/06/2017

Grand Prize BD45,000 x 1

Jun

Salary BD 555 x 1

BD500 x 25

BD300 x 50

Monthly

04/07/2017

Grand Prize BD50,000 x 1

Jul

Salary BD 555 x 1

BD500 x 25

BD300 x 50

Monthly

06/08/2017

Grand Prize BD55,000 x 1

Aug

Salary BD 555 x 1

BD500 x 25

BD300 x 50

Grand

05/09/2017

BD 200,000 x 1

Sep

Monthly

Salary BD 555 x 1

BD500 x 25

BD300 x 50

  Last Updated:05/07/2017
  About Al Baraka
Al Baraka Islamic Bank - Bahrain (AIB - Bahrain) established 1984 in Bahrain and up the years has pioneered the development of Isl... read more>>

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Current Accounts: On demand accounts are not entitled to receive profits but do not bear any loss either. They are designed speci... read more>>

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