Business

Banking Prize

by BTM

Tue, 02 January 2018

Banking Prize

Kuwait Finance House – Bahrain (KFH-Bahrain) took the ‘Critics’ Choice Best Prize-Linked Retail Investment Product 2017’ award for its ‘Libshara’ Investment Savings Account during the 3rd Islamic Retail Banking Awards.

Khalid Rafea of KFH-Bahrain says: “We at KFH-Bahrain are delighted to have received this auspicious award for our ‘Libshara’ Savings Account, a Sharia’a-compliant scheme which was launched by KFH-Bahrain in 2012.

The Islamic Retail Banking Awards (IRBA) is the first-of-its-kind Islamic banking awards programme based on the most academically rigorous analysis of global Islamic banking efficiency performance. Winners are assessed by a panel of independent experts based on the new efficiency model developed by Cambridge IF Analytica.

The ‘Libshara’ Savings Investment Account is a Sharia’a-compliant savings scheme that offers clients valuable monthly prizes. For every BD50 or its equivalent in USD saved for a period of 30 days prior to the end of the month, clients are entitled to enter the raffle and can increase their chances of winning.

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