"Al-Hassad" Benefits

Invest in the "AI-Hassad" account and automatically enter our weekly, monthly, and quarterly draw program, presenting you with the chance to win from over 400 prizes annually. Your investment not only grows but also opens the door to exciting opportunities and rewards.

1- Draws are held every Wednesday at Kuwait Finance House in Kuwait based on a draw schedule. In an event of an official holidays, rescheduled draw date will be announced. 

2- The cash prize amount will be deposited into the Client’s account within two weeks of announcing the winners.

3- When the balance is held for 15 days before the draw date, you get one chance for every KD 50.

4- When the balance is held for 90 days before the draw date, you get two chances for every KD 50.

5- When the balance is held for 180 days before the draw date, you get three chances for every KD 50.

6- All prizes will only be credited to the Client’s account maintained with the Bank.

7- Clients’ funds in AI-Hassad Saving Investment Account shall be invested in full on the basis of Wakala investment.

8- Profit is calculated on the basis of the average balance of funds invested for the period and distributed every fiscal year.

9- Prizes granted under AI-Hassad Prize Program are from the Bank funds and not from depositors’ funds.

10- The Bank Fatwa and Shari’ah board has approved the prizes program for the investment accounts.

11- The investment is made on the basis of Wakala contract, the whole balance shall be invested at a profit rate of (0.1%).