Kuwait, 18 February 2025: Kuwait International Bank (KIB) announced the winners of the weekly draw held under the Al Dirwaza account’s 2025 campaign, which is distinguished by the highest expected annual return and winning chances. The third weekly draw in February, based on customers’ January deposits, recently took place in the presence of representatives from the Ministry of Commerce and Industry, as well as representatives from the Bank. The KD 1,000 prize was awarded to Mohammad Abdullah Alhussain Zaid, Hajar Khaled Motlaq Almutairi, Yaser Mohammad Abdullah Jarkhi, Fuad Ibrahim Ahmad Rudhwan, Barrak Abdulmohsen Mohammad Alhussaini, whilst the KD 500 prize was awarded to Abdullah Hussain Fadhel Faras, Maysoon Saleh Ghufran Abdulrahman, Eman Ahmad Khulaif Alrasheedi, Huda Waleed Ali Hashem, Fares Abdullah Saleh Alshammari, Toubah Abdulrazeq Abdulrahman, Sami Abdullah Abdulrahman Alnaseebi, Anwar Khuder Almkhaizeem, Munthasar Theriath Majeed.
It is worth noting that the Al Dirwaza account is a savings account for individual customers, based on the Wakala investment principle, which was launched by KIB as part of its suite of banking products intended for individuals. The account is currently the best of its kind in the sector, with annual expected profits of up to 2% disbursed on a monthly basis, where the customer gets an expected profit of 2% for the first three months from the account opening date and up to 1% expected rate onward. The expected profits are automatically deposited into the customer's account within the first day of the beginning of each month.
In addition to being a savings account, eligibility for the Al Dirwaza draws requires a minimum balance of KD 100, which must remain in the account for a full month before the weekly and monthly draws, with chances calculated based on the lowest balance of the previous month. As for the quarterly and annual draws, the amount must be maintained for two full months, with chances based on the lowest balance of the two preceding months. A key feature of the 2025 campaign is the doubling of winning chances to encourage customers to increase their deposits in the Al Dirwaza account. Customers will receive one chance per KD 1 if their lowest monthly balance is less than KD 2,000, two chances per KD 1 for balances between KD 2,000 and less than KD 5,000, three chances per KD 1 for balances between KD 5,000 and less than KD 10,000, and four chances per KD 1 for balances of KD 10,000 or more. Terms and conditions apply.
The Al Dirwaza account is in compliance with the provisions of Islamic Sharia and approved by KIB’s Sharia Supervisory Board. Furthermore, the account comes with a wide range of benefits, including the ease of opening the account, which does not require a salary transfer. Customers can conveniently open the account remotely via KIB Online on the Bank’s website, the KIB Mobile application, or through the KIB Digital Onboarding service, without having to visit a branch.
Additionally, the Al Dirwaza account automatically grants customers instant issuance of an ATM card, with a KD 2,000 ATM daily withdrawal limit, as well as the ability to issue credit cards against the cash collateral in the account. To open the account and participate in its draws, a minimum of KD 100 is required and can only be withdrawn upon account closure.
RSS Feed 
