QIB continues to reward Misk Account holders for 6th consecutive year with more cash prizes – The Peninsula

QIB continues to reward Misk Account holders for 6th consecutive year with more cash prizes – The Peninsula

Doha: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced that it is continuing its Misk Account draw for the 6th consecutive year, with the largest value of prizes in Qatar, offering Misk Account holders additional cash prizes and opportunities to win.

QIB’s Misk Account is a unique savings account that offers customers exceptional features and benefits and gives them the opportunity to win weekly and monthly prizes, as well as grand prizes quarterly. Like the regular savings account, customers have the freedom to deposit and withdraw money from the account at their convenience. To be eligible for the prizes, customers should maintain a minimum monthly balance of QR10,000 and every QR10,000 saved equals one entry in the draw.

Running from November 17, 2022, until 16 November 2023, the number of monthly prizes of the new edition has been doubled this year from 2 to 4, each winning QR50,000 for a total of 48 monthly winners. The Grand Prize will be offered to 4 lucky Millionaires, each one winning a prize of QR1m every three months in addition to 15 winners to receive QR10,000 each, every week. This increases the accounts’ prize pool to QR14.2m compared to last year’s QR13m, with