Benefits of Bushra Prize Account from Alizz bank continue to grow

MUSCAT: Reaffirming its leading role in providing innovative Sharia-compliant services and products Alizz Islamic Bank has enhanced the incentives of the Bushra Prize Savings Account and other accounts.

Amongst the benefits are instant issuance of the debit card within minutes of opening the account, a range of discounts at a number of retail and dining outlets across the Sultanate. Bushra Prize Savings Account customers also receive expected profit on their savings and the chance to enter the draws. The profit is given out on monthly basis while the draws happen daily, weekly, monthly, quarterly and annual.

The daily draw has a total prize value of OMR500 distributed among five people with each winner receiving OMR100, while the weekly draw has the total value of OMR3,000, with three winners receiving OMR1,000 each.

The monthly draw is worth OMR25,000 given to one winner and the quarterly draw is for OMR50,000 given to one winner.

The grand prize is worth OMR100,000 for one lucky winner. All of the cash prizes are hiba (gift) from the shareholder’s funds and all the customer has to do to enter all these draws is to maintain a minimum balance of OMR100 in his Bushra account.

Moosa Al Jadidi, chief operating officer at Alizz Islamic Bank, said, “The launch of the ‘Bushra’ prize savings account comes as part of our plans to provide a wide range of carefully-designed financial products that meet all clients’ needs. Thanks to the efforts of our team, we have been able to provide more than 24 Sharia-compliant financial products so far.” He said :“This account gives clients the ability to raise their wealth. We aim to provide our clients with low-risk high-yield investment and savings solutions, and we ensure that meeting their needs, with transparency, is made priority.”