Emirates Islamic announces winner of AED 1 million cash prize for award-winning Kunooz Savings Account

July 24, 2018

UAE national Khalid Ahmed Al Marzooqi wins grand cash prize of AED 1 million

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the lucky winner of its monthly Kunooz Savings Account draw for May 2018. Khalid Ahmed Al Marzooqi, a UAE national, was handed over the AED 1 million cash prize at the bank’s headquarters in Dubai Healthcare City recently.

Commenting on his win, Al Marzooqi said: "I was overwhelmed to learn that I won a cash prize of AED 1 million and could not believe it at first when I received the call from Emirates Islamic. I started saving in my Kunooz Savings Account with the hope of winning one day after watching the bank’s advertisements promoting its various offers, products, and services. I am very impressed and pleased with the quality of service that Emirates Islamic provides, and the excellent Shari'a-compliant banking products that the Bank offers. My experience has encouraged me to continue saving to win other prizes that the bank offers."

Voted Banker Middle East Product Award’s Best Savings Account in 2017, Emirates Islamic’s Kunooz Savings Account is the bank’s flagship account that offers customers a chance to win AED 1 million, a Tesla car or AED 200,000 in a Savings Account, for every AED 5,000 maintained monthly in their account. Additionally, customers have a chance to win one of five cash prizes worth AED 3,000 every day for every AED 1,000 maintained daily in their account.

Wasim Saifi, Deputy CEO - Consumer Banking and Wealth Management at Emirates Islamic said: "On behalf of Emirates Islamic, I would like to congratulate Mr. Khalid Ahmed Al Marzooqi on winning the AED 1 million cash prize. We hope this prize will help him achieve his dreams and inspire many others to save. The Kunooz account plays an important role in encouraging our customers to develop good saving habits and by rewarding them significantly for their efforts."

Seen here in the picture are Salah Al Harmoody, Vice President - Area Manager, New Dubai at Emirates Islamic, presenting the AED 1 million cash prize to the winner.