“Al Waffer” is an investment account that is compliant with the Provisions and Principles of Islamic Shari’a, in which funds are invested based on the principles 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 offers two features to earn more chances of winning which are the “Al Waffer Club" and the
“Double Points System”.
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 Prize Raffles exclusive to club members only
Double Points System
A system that offers Clients additional Entry Points towards Prize Raffles, on the condition that their account balance is maintained or increased without making any withdrawals for over 90 days before the Prize Raffles.
Al Waffer 2022 Prizes
|
Month |
Prize |
Raffle Date |
| March | BD 250,000 | 5th April |
| April | BD 100,000 | 10th May |
| May | BD 100,000 | 5th June |
| June | BD 100,000 | 5th July |
| September | BD 100,000 | 4th October |
| October | BD 100,000 | 3rd November |
| November | BD 100,000 | 5th December |
| December | BD 250,000 | 5th January 2023 |
Al Waffer Club 2022 Prizes
|
Month |
|
Raffle Date |
| January | BD 5,000 | 3rd February |
| February | BD 5,000 | 3rd March |
| March | BD 5,000 | 3rd April |
| April | BD 5,000 | 10th May |
| May | BD 5,000 | 5th June |
| June | BD 5,000 | 5th July |
| July | BD 5,000 | 4th August |
| August | BD 5,000 | 5th September |
| September | BD 5,000 | 4th October |
| October | BD 5,000 | 3rd November |
| November | BD 5,000 | 5th Decmebr |
| December | BD 5,000 | 5th January 2023 |
* Terms & Conditions apply