Posted on December 09, 2017

Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, has announced the first 5 winners of its new “Misk” Savings Account.

Five winners from the Misk account holders are randomly selected every week in the presence of an official representative from the Ministry of Economy and Commerce (MEC) and QIB representatives. The new Account will grant a total of 230 savers a prize worth QR 10,000 and one lucky saver a grand prize worth QR 1,000,000 in November 2018.

The winners of the first week draw are: Nayla Al Attiya, Ali Al-Magrabi, Ali Al-Malki,  Noureddin Al-Madani, and Maryam Abu Mooza. “We would like to congratulate the first batch of winners, and wish our savers good luck in the coming rounds” said D. Anand, QIB’s Personal Banking Group General Manager, “We are always working to offer our customers financial services which support their lifestyle. For this reason, we have introduced this product to encourage them to open the new Misk Savings Account and save more in anticipation of their future needs and aspirations.”

All Qatari citizens and residents are eligible to open a Misk Account for themselves or their minor children. A minimum of QR 2,000 is required to open the account, with customers having to maintain a minimum monthly balance of QR 10,000 to be eligible for the weekly draws. To qualify for the grand prize draw, the customer must open the account three months prior to the final draw and maintain a minimum of QR 10,000 for each of these months. Every additional QR 10,000 earns the customer one more chance in the draw. When opening a Misk Account, customers will also receive a free debit card, free e-statement as well as access to QIB’s new Mobile Banking App and the internet banking platform.

For more information on Misk Savings Account, please visit: