Qatar Islamic Bank (QIB), has announced the new millionaire of the eighth edition of the Misk Account, reaffirming its commitment to encouraging a habit of saving and rewarding customers for their financial discipline.Saleh Menawer Abdallah al-Shamari has been named as the new Misk millionaire during the draw, held in the presence of official representatives from the Ministry of Commerce and Industry alongside QIB officials. The winner was hosted at QIB’s annual Ramadan gathering with his son to receive the prize.The latest edition of QIB’s Misk Account features the largest prize pool in Qatar, totaling QR17.4mn. It will reward 858 customers with prizes. The number of grand prize winners of QR1mn has increased from 4 to 6, with the millionaire’s draw now scheduled every two months.Additionally, the number of monthly winners of the QR50,000 prize has risen from 4 to 6, while 15 customers will continue to win QR10,000 each on a weekly basis.“We are pleased to announce the new Misk Millionaire, especially during Ramadan, a time of reflection and new beginnings. The Misk Account continues to encourage customers to develop strong saving habits while being rewarded with life-changing prizes. Our commitment remains in enhancing our savings programmes to offer greater value and meaningful opportunities, empowering our customers to achieve their financial goals with confidence,” said D. Anand, QIB’s general manager (Personal Banking Group).Existing and new QIB customers can open a Misk Account easily through the QIB Mobile App. Customers will receive a free debit card, become eligible to request a free, for the first-year, credit card against their Misk Account balance, receive profits on their savings, and have the chance to frequently win cash prizes.