Emirates Islamic announces lucky winners of Kunooz Savings Account promotion campaign


Dubai, 24 May 2021: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today announced the lucky winners of its Kunooz Savings Account promotion, aimed at encouraging customers to save more. Three customers won apartments and one customer won the grand prize of AED 1 million in the draw conducted by the Department of Economic Development, Dubai.

Emirati national Salah Hasan Ebrahim Mohammed AlSheh, Indian national Noor Jahan Hanif and Egyptian national Ahmed Osman Mahmoud Ali Monged were each rewarded with an apartment in Dubai. Indian national Muhammed Anees Mainkate Veetil won the grand cash prize of AED 1 million. In addition, Nazim Abbas Phansopkar and Fadhel Malalla Al Ansari walked away with cash prizes of AED 50,000 each.

“We are delighted to reward the lucky winners of the Kunooz Savings Account campaign and we hope they will inspire many others to develop good savings habits,” said Farid Al Mulla, Deputy Head of Consumer Banking and Wealth Management at Emirates Islamic. “As one of the leading Islamic banks, we are keen to promote financial responsibility among our clients. During the unprecedented times we are currently experiencing, the importance of financial stability has gained even greater importance. We aim to encourage a savings culture in the UAE and hope that winning an apartment or winning AED 1 million and other significant prizes through this campaign will be a strong motivation for people to take charge of their finances. We remain committed to continue to run initiatives that help our customers achieve their dreams.”

The promotion, which ran from February to April 2021, rewarded new and existing Kunooz Savings Account holders for maintaining a minimum balance of at least AED 5,000 in their accounts, by entering them into a monthly draw to win three apartments located in Dubai and a grand cash reward of AED 1 million. In addition, customers with account balances of at least AED 1,000 entered the draw for a chance to win fortnightly cash prizes of AED 50,000.