Win big with Maisarah Prize Account
Commemorating five years of successful operations, Maisarah Islamic Banking Services from BankDhofar unveiled its Prize Account scheme for 2018 with valuable and more attractive cash prizes.
The new scheme provides chances for five winners in all categories including weekly, monthly, bi-monthly, Eid draws and Grand Prizes. Including 365 winners, all customers are eligible to a prize pool of RO400,000.
Elaborating on the new Prize Account Scheme Mujtabah Ali Dawood, executive manager, Retail Division, Maisarah Islamic Banking Services, said, “Maisarah is keen on introducing best products for customers and we will continue to provide our customers with distinctive experience.
“We are delighted to announce this year’s scheme which provides more attractive prizes for our valued customers. Through our Prize Account Scheme, we aim to inspire our customers to save more and reward them for that.”
He added, “This year, we increased the chances of winning for our customers, as we are giving away 365 prizes to 365 winners.”
This year the total amount to be won under the weekly draw is RO65,000, where 260 customers will have a chance to win RO250 each through 52 draws to be held throughout the year.
Under the monthly draw, the total amount to be won is RO30,000, for 60 customers (RO500 each).
Under the bi-monthly draw, 30 customers have a chance to win RO30,000 (RO1,000 each). Five winners will be picked during each weekly, monthly and bimonthly draw.
Maisarah will also conduct special draws for Eid al-Fitr and Eid al-Adha, during which ten winners can take home RO2,500 each.
Additionally, the total amount of the Grand Prizes is RO250,000 for five winners (RO50,000 each) which is given away for one winner every two months starting from the period March/April.
This account is based on the Islamic profit sharing concept of Mudarabah. To follow their dreams, customers need to maintain a minimum balance of RO100 in their accounts for a week for weekly draws and for a month for other draws. For every RO100 balance, they get one chance to win.
Priority banking customers, however, get three chances for every RO100 maintained in their account. The more the customers’ save, the greater their chances of winning. The winners are randomly selected from the customers of Maisarah by an automated system in sync with the approved procedures for the draw.
The exclusive feature of Maisarah Prize Account is that customers are eligible for the expected profit of up to three per cent pa on their deposits maintained in the account, and bank is giving away these prizes from its own sources. Hence, it is not only encouraging customers to save but also rewarding them.
Maisarah is a full-service provider of a broad range of Sharia’a-compliant financial products and solutions. Maisarah maintains a complete segregation of business activities in order to provide Sharia’a-compliant financial services to its valued customers.
As a part of its strategy, the Islamic banking window has maintained high standards of corporate governance, research and development, corporate social responsibility and customer service that have helped in winning various awards in local and international markets.