Alizz Islamic Bank Bushra prize savings account quarterly draw held

MUSCAT – Alizz Islamic Bank organised the latest quarterly draw event for Oman’s first Shari’a-compliant prize savings account, ‘Bushra’ recently. As a precautionary measure during the ongoing pandemic the draw event was held at the Alizz Islamic Bank, Head Office, with a live stream for the public shared via Instagram Live. 10 Female winners received OMR 1,000 each. 10 winners received 2,500 OMR each and the quarterly draw winner won OMR 100,000.

Alizz Islamic Bank launched the Bushra Prize Savings Account in 2016 as Oman’s first fully Shari’a compliant prize savings account offering daily, weekly, monthly, quarterly, half-yearly and annual cash prizes as hiba (gift) from the shareholders. The account, which comes with the approval of the Sharia Supervisory Board, reflects the bank’s efforts to deliver innovative and high-quality products and ensure a premium customer experience. The bank conducts draws regularly and has many upcoming including a special draw for Omani Youth Day whereby 12 customers between the ages of 18-25 will win 500 OMR each, the special National day draw where 50 customers will win 1,000 OMR each and the Bushra monthly draw, where there will be one winner of 50,000 OMR and one winner of 25,000 OMR amongst other draws.