Kuwait Times

AUB to reward Al-Khair long-term deposit customers

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KUWAIT: Ahli United Bank (AUB) announced the success of the promotiona­l campaign, ‘Your Investment is Worth Gold’ which was launched by the Bank to reward Al-Khair long-term deposit customers, in attracting more new customers in addition to the large and positive turnout received from customers. The campaign offers AUB’s customers the chance to enter the draw to win one of 10 valuable gold prizes upon opening an Al-Khair long-term deposit for a period of one year or more. The first prize of the draw is valued at 1 kilogram of gold, the 2nd prize at a half kilogram of gold and the 3rd prize at a quarter kilogram of gold. The 4th to 10th prizes are all valued at 100 grams of gold

each. The campaign will run until February 28, and the draw will take place and winners will be announced on 20 March 2018.

The campaign offers customers one chance to enter the draw for every new KD 10,000 deposited for a period of one year, 2 chances when maintained for 2 years and 3 chances when maintained for 3 years. On this occasion, AUB’s Head of Branches Amer Najem said, “We at AUB are very pleased with the considerab­le success achieved by this campaign.”

Moreover, Al-Khair deposits from AUB offer one of the best investment opportunit­ies that are Shari’ah compliant. Now customers can choose a longer tenor for higher profit return reaching a very competitiv­e rate of 2.75 percent yearly for the three-year Wakala Fixed eposit. The deposit offers three investment terms (1 year, 2 years and 3 years) with a minimum deposit of KD 10,000. Profits are deposited to customers’ accounts via monthly payments. Furthermor­e, the Al-Khair long-term deposit can be broken and customers can withdraw their funds before the maturity date, subject to relevant terms and conditions applied.

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