Al Waffer Account



“Al Waffer” is an investment account that’s compliant with the Provisions and Principles of Islamic Shari’a, in which funds are invested on the basis of “Absolute Mudarabah”. A minimum of BD 500 is required to open an account, where Entry Points towards Raffles are calculated for every BD 25 in the Account. In addition, "Al Waffer" Account offers two features to earn more chances of winning, which are “Al Waffer Club" and “Double Points program”.
 
Al Waffer Club
A club meant for Al Waffer Clients who have BD 5,000 or more deposited in their account, which offers exclusive benefits like:
  • Debit Cards for Withdrawal (Only to the excess balance of the BD 5,000)
  • Transactions through eBanking Services (Only to the excess balance of the BD 5,000)
  • Entry into exclusive Prize Raffles​ for members

Double Points Program

A program that offers Clients additional points towards Prize Raffles, on the condition that the account balance is maintained or increased without making any withdrawals for over 90 days before the Prize Raffles.


Al Waffer 2021 Prizes

Month

Prize

February

BD 100,000

March

BD 100,000

May

BD 100,000

June

BD 100,000

August

BD 100,000

September

BD 100,000

November

BD 100,000

December

BD 250,000


Al Waffer Club 2021 Prizes

Month

Prize

April

10 Prizes:  BD 5,000 each

July

10 Prizes:  BD 5,000 each

October

10 Prizes:  BD 5,000 each


Terms & conditions apply​