Alizz Islamic Bank to distribute more than OMR130,000 as cash prizes in the Bushra half-yearly draw

Muscat: As part of its efforts to reward its loyal customers, Alizz Islamic Bank will conduct the Bushra Prize Savings account half yearly draw in the middle of July.

Alizz Islamic Bank’s Bushra Prize Savings account is Oman’s first Sharia-compliant prize savings account and reflects the bank’s commitment to pioneering innovative Sharia-compliant products and services that cater to customers’ needs.

There will be 19 winners in the half-yearly draw. The more you increase your savings the more chances you have to enter the draw.

The value of the half-yearly prize is OMR 100,000 which will be allocated to one winner. A total prize value of OMR 30,000 will be distributed among three ‘Tharwa’ customers with each winner receiving OMR 10,000.

Employees of the Ministry of Education who have a Bushra account will have an exclusive draw for them with an amount of OMR 1,500 being distributed amongst three winners from the Ministry who will each receive OMR 500.

In appreciation of the roles of the employees working in the Ministry of Defence and the Ministry of Health, Alizz Islamic Bank also has dedicated special draws for both sectors with three winners from the Ministry of Defence and three winners from the Ministry of Health winning OMR 500 each.

Valuing the pioneering roles played by the employees of the Royal Oman Police Alizz Islamic Bank will also conduct special draws for them with three winners from the Royal Oman Police each receiving cash prizes of OMR 500.

Pensioners will also have a chance to win with a special draw exclusively for them where they will have a chance to win OMR 500 each.

Alizz Islamic Bank’s Bushra Prize Savings Account has brought joy and happiness to a variety of customers who have won in previous draws with different amounts saved in their accounts, the Bushra account has brought good tidings and relieved the stress that many of them were facing. With some being able to build their dream home, others being able to seek medical treatment amongst other things.

Bushra Prize Savings Account is Oman’s first fully Sharia-compliant prize savings account offering daily, weekly, monthly, quarterly, half-yearly and annual cash prizes as hiba (gift) from the shareholders’ fund. The minimum amount required to be eligible for the draws is only OMR 100, and customers also receive monthly generated profit on their deposited amounts.

Every OMR100 gives the customer one chance to enter the draw, and the more money deposited in the account, the greater the chances of winning. Bushra Prize Savings Account customers can benefit from services such as obtaining an instant debit card, online and mobile banking, and SMS alerts for any transaction.