Qatar Islamic Bank (QIB) has announced the grand prize winner of QR1mn of the fourth edition of its Misk Account annual draw.
QIB has also announced the launch of the fifth edition of the Misk Account, adding more potential millionaires to the winning pool and making it the "largest prize pool in the country" worth QR13mn, with four millionaires instead of one, the bank has said in a statement.
The winner of the fourth edition of the Misk Annual draw, Ali Mohamed al-Kuwari, was randomly selected in a draw that took place in the presence of official representatives from the Ministry of Commerce and Industry and QIB.
Al-Kuwari said, “I would like to thank QIB for this amazing opportunity. This is truly a life-changing moment, and I am so happy that I opened a Misk Account. I am grateful to QIB for its generosity and to acknowledge and reward customers for adopting good saving habits.”
Reiterating its commitment to rewarding customers and offering them the best customer experience, QIB has launched Misk 5, adding three more millionaire grand prizes to now award four winners of the grand cash prize. Further, the total number of weekly winners will now increase to 808 and the total cash prizes will reach QR13mn.
For 52 weeks, every three months, four winners will receive a grand prize worth QR1mn. In addition, 15 winners will receive QR10,000 every week and two winners will win QR50,000 every month.
D Anand, QIB general manager – Personal Banking Group, said: “The final draw concluded another successful year for QIB’s Misk Account, and I would like to congratulate all the winners and thank them for their trust in QIB. The Misk Account is a testimony to our efforts and commitment to providing our customers with seamless savings solutions while rewarding them with amazing prizes. We look forward to rewarding many more of our customers with valuable cash prizes in the fifth edition of our highly anticipated Misk Account.”
Existing and new QIB customers interested in opening a Misk Account can do so easily from anywhere and at any time through the QIB mobile App. When opening a Misk Account, customers will receive a free debit card, become eligible to request a free for the first-year credit card backed by the account balance, receive profits on their savings, and have the chance to frequently win cash prizes.
All Qatari citizens and residents are eligible to open a Misk Savings Account for themselves or their children. Customers must maintain a minimum monthly balance of QR10,000 to be eligible for the weekly draws. To qualify for the grand prize draws, the customer must open the account three months prior to the draw and maintain a minimum of QR10,000 for each of those months. For every additional QR10,000 saved, the customer has one additional chance in the draws. For more information on Misk Account, visit www.qib.com.qa/en-miskaccount
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