WarbaBank

Warba Bank will hold the third quarterly Sunbula draw today, where the names of the winners will be announced at 2:00 PM on Thursday, 10/10/2024. The draw will be held at the Bank’s main headquarters in the presence of a representative from the Ministry of Commerce and Industry and Warba Bank employees.

The Sunbula account is the best choice for all those who wish to save money and achieve fixed financial returns on their balances at the same time, in addition to getting opportunities to win cash prizes throughout the year, as the Sunbula account campaign in 2024 is distinguished by the mega draws that are held on a quarterly basis. In this third mega draw, one winner will receive the grand prize of KD 250,000. In addition to the mega draw, the winners of the weekly Sunbula account draw will be announced, where each of the 10 winners will receive KD 1,000.

The 7 winners of the monthly draw for Sunbula Kids Account will also be announced, with the first winer receiving KD 1,000, the second winner receiving KD 500, and the third to seventh winners receiving KD 100 each.

Regarding the conditions, Abdullah Nasser Al-Shuail, Senior Director of Branches and Private Banking Services at Warba Bank, said: “KD 100 is required to enter the weekly and grand draws of the Sunbula, noting that the client gets one chance for every KD 10 in the account, and the chances are calculated according to the lowest balance in the account, so the amount must have been held for two full months before the grand draws to calculate the chances.”

Al-Shuail added that there are no restrictions or limits for withdrawals and deposits, the higher the deposited amount, the greater the client’s chances to win, taking into account the minimum account limit.

As for the Sunbula deposit clients, they will have the opportunity to enter the Sunbula account draws for every KWD 1,000 in the deposit account, which is characterized by its compliance with the provisions of Islamic Sharia and is based on the principle of investment agency, and is characterized by flexible investment periods that reach a maximum of 60 months, distributed according to the client's desire, either monthly, annually, or upon maturity.

The Sunbula Account is a banking product that is compatible with the provisions of Islamic Sharia and is based on the principle of "agency for investment", making it the ideal choice for clients who wish to save and achieve financial returns at the same time. Through it, clients' money is invested and its returns are deposited into the client's account on a quarterly basis.

Warba Bank is one of the banks that have achieved great successes in a short period of time, as it has occupied a leading position by providing innovative digital banking services in accordance with Islamic Sharia for individuals and companies, and is one of the local banks with the largest number of shareholders, and these are among the most prominent elements that make the Bank close to all members of society.