QIB awards over 500 Misk Account holders with cash prizes – The Peninsula

QIB awards over 500 Misk Account holders with cash prizes – The Peninsula

Doha: In the fifth edition of its Misk Account draw, Qatar Islamic Bank (QIB) has awarded more than 500 winners to date with cash prizes and will announce the third Millionaire this year in August 2022.

QIB’s unique Misk savings account is an innovative savings account program which promotes positive financial habits and encourage customers to save money regularly. The program has the largest prize pool in Qatar with a total of QR13m to be awarded to 808 winners throughout 2022 including 4 Millionaire winners. Every three months, QIB awards one Millionaire, and offers QR10,000 to 15 winners every week, in addition to QR50,000 to two lucky winners every month.

Since the launch of the fifth edition of the Misk Savings Account draw, 525 weekly winners were awarded with prizes worth QR5.2m and 14 monthly winners with prizes worth QR700,000 as well as 2 winners receiving QR1m bringing the total winners announced so far to more than 500 winners. The third Millionaire of this year’s edition will be announced in August.

D. Anand, QIB’s General Manager – Personal Banking Group said: “This year’s edition of Misk Account is not just a savings program but a way to help and empower customers to achieve