Khaleeji Commercial Bank (KHCB), Bahrain’s rapidly growing Islamic retail bank, is geared to set into motion the new and improved Al Waffer Scheme for 2016. This comes in lieu of its constant commitment to offer to its customers in Bahrain only the best in Shariah-compliant packages both in products and services.

Following the Al Waffer scheme in 2015, KHCB has further raised the bar of making dreams come true by offering bigger value in the prizes and thereby making investments a rewarding experience.

The Al Waffer awards scheme was first introduced to encourage the culture of saving through which one stands to win monthly cash and mega prizes throughout the year. In 2016, the Al Waffer scheme of Khaleeji Commercial Bank is in its seventh anniversary. The new and improved campaign will see a total of 468 exciting cash prizes of $ 500 each, 11 grand draws and one mega draw.

Investments in the Al Waffer scheme could mean winners could walk away with prizes that include a Porsche Cayenne, $100,000 or even the mega draw for Lifetime Dream prize that includes a villa at Oryx Hills, a Porsche Cayenne and a grand total of $ 25,000.

KHCB states that it believes in making dream come true and achieves this through the Al Waffer scheme. A minimum investment of BD 50 in this scheme can help realize the dream. Multiple investments in Al Waffer also double the chances of winning.

Khalil Ismaeel Al-Meer, CEO of KHCB, said: “The Al Waffer scheme remains a major component in the bank’s products and services portfolio. It is a great way to encourage savings within the community and the people of Bahrain. We have consistently raised the bar for award schemes both domestically and regionally.