Qatar Islamic Bank (QIB) is pleased to announce the third millionaire winner of its highly anticipated Misk Account draw.

The draw was held in the presence of official representatives from the Ministry of Commerce and Industry as well as QIB officials. Mr. Ahmad Abdulla Al-Malki was randomly selected, making him the lucky third millionaire of this edition.

QIB is awarding 4 Millionaires throughout the year, and offering QAR 10,000 to 15 winners every week, in addition to QAR 50,000 to 2 lucky winners every month in its 5th edition of the Misk Account. This brings the total number of winners to 808 receiving QAR 13 Million dedicated for this edition, the largest prize pool in Qatar awarded to date.

With the Annual Grand Prize announcement, QIB will conclude its 5th edition of Misk Account in November of this year. In this year’s edition, QIB has awarded 3 lucky winners with QAR 1 Million each with the fourth and final millionaire to be announced in November.

Commenting on winning the grand prize, Mr. Al-Malki said: “I would like to sincerely thank QIB for such a valuable reward, it was a big surprise to me. I am very proud to be a QIB customer and truly grateful for opening my Misk Account. I highly encourage everyone to take part in this great opportunity.”

Mr. D. Anand, QIB’s General Manager – Personal Banking Group said: “I would like to congratulate the third millionaire of the highly-anticipated 5th edition of the Misk Account draw, Mr. Ahmad Abdulla Al-Malki. The Misk Account is a unique savings account that is open to all citizens and residents in Qatar. It provides exceptional features and seamless saving solutions to all our customers while rewarding them with valuable prizes.”

Since the launch of the 5th edition of the Misk Account Millionaire Draw, 570 weekly winners were awarded with prizes worth QAR 5,700,000 and 10 monthly winners with prizes worth QAR 500,000 as well as 3 winners receiving QAR 1 million each in the quarterly draw.

Existing and new QIB customers can open a Misk Account easily through the QIB Mobile App. Customers will receive a free debit card, become eligible to request a free for the first-year credit card against their Misk Account balance, receive profits on their savings and have the chance to frequently win cash prizes.

To be eligible for the weekly draws, customers must maintain a minimum monthly balance of QAR 10,000 to be eligible for the weekly draws. To qualify for the grand prize draws, the customer must open the account three months prior to the draw and maintain a minimum of QAR 10,000 for each of those months. For every additional QAR 10,000 saved, the customer has one additional chance in the draws.

Source: Qatar Islamic Bank