Reinforcing its commitment to rewarding customer loyalty, Kuwait Finance House (KFH) has launched a grand prize campaign for Al-Hassad investment savings account, offering a total of KD 3 million in annual prizes.

Deputy General Manager Products at KFH, Nehal Al-Musallam stated that the newly launched campaign offers prizes, with the grand prize totaling KD 1.5 million, in addition to a semi-annual prize of KD 500,000 and a monthly prize of KD 100,000.

Al-Musallam noted that the campaign will run starting from January this year, in conjunction with the resumed draws campaigns on saving accounts which are conducted in coordination with independent inspection bodies to ensure high levels of integrity and transparency aligning with the Central Bank of Kuwait regulations.

She added that KFH is interested in developing the benefits of the Al-Hassad account, which is one of the prominent banking products KFH offers thanks to the remarkable demand this product has achieved and the trust it has gained from customers over the past years. 

Al-Musallam explained that Al-Hassad grants customers increasing winning chances. Each customer has one chance for every KD 50. This opportunity increases when the customer retains his/her account balance for longer period, in order to be eligible for the KFH Millionaire title.

She stressed that KFH is committed to providing top-tier banking products that meet the aspirations of customers and provide them with distinguished opportunities to win cash prizes, increasing the demand of the account as a savings and investment option. She noted that the Al-Hassad account is based on the Wakala investment principle. On such a basis, the Bank invests the entire account balance at an expected profit rate agreed upon in advance with the customer. The account also offers draw campaign and prizes which are featured on monthly, semi-annual and annual basis.

Al-Musallam encouraged existing and new customers to open Al-Hassad account to benefit from the grand draws program, adding that customers can open the account through KFH branches, KFHOnline and ATMs.