WarbaBank

Warba Bank is conducting the First quarterly Sunbula draw today, as it will announce the names of the winners at 9pm on Thursday April 13, 2023, on the "Mukhalat" program broadcasted on 360FM. The draw will be conducted in the presence of the representative of the Ministry of Commerce and Industry and the employees of Warba Bank.

In addition to having opportunities to win cash prizes throughout the year, The Sunbula account is the best option for all those wishing to save money and achieve steady financial returns on their balances at the same time. The Sunbula account campaign in 2023 is distinguished by the mega draws that are held on a quarterly basis, and in this the first big draw The grand prize of KD 250,000 will be drawn for one winner. In addition to the big draw, the winners of the Sunbula account weekly draw will be announced where 10 lucky winners will each receive KD 1,000.

The Sunbula children’s monthly account will also be drawn, which will announce 7 winners; the first winner will receive KD 1,000, the second winner will receive KD 500, and the third to seventh winners will each receive KD 100.

With regards to the conditions for winning the Sunbula, Mr. Ahmed Almutawa, Area Manager – Retail Banking Group, states: “Only 100 KD is required to enter the weekly Sunbula draws and other major draws, whereby the customer still gets one chance per every 10 KD in the account, and the chances are calculated according to the lowest balance in the account during a month. Therefore, a full month must have passed in the account to qualify for the weekly draw, and two full months for the major draws to calculate the opportunities.

Almutawa adds that there are no restrictions or limits for withdrawal and deposit, the higher the deposited amount, the greater the customer’s chances of winning”.

As for the Sunbula deposit customers, they will have the opportunity to enter the Sunbula draws for every KD 1,000 in the deposit account, which is characterized by its compliance with the provisions of Islamic Sharia and is based on investment agency and is characterized by flexible investment periods of up to 60 months, distributed according to the customer’s desire either Monthly, yearly or at maturity.

Note that the Sunbula account is a banking product that is compatible with the provisions of Islamic Sharia and is based on “Wakala Investment” so that it is the ideal choice for customers wishing to save and achieve financial returns at the same time. Through it, the customers’ money is invested, and its returns are deposited in the customer’s account on a quarterly basis.

It is also worth mentioning that after a short period of its establishment, Warba Bank has succeeded in establishing its position in the banking sector; it occupies a leading position in the field of Islamic digital banking services for individuals and is considered to have the highest number of shareholder base between local banks. Thus, establishing Warba’s place to customers by providing the best banking services. Warba Bank has managed to meet the aspirations of the Kuwaiti society and deservedly, earned their trust in a short period.