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Emirates Islamic announces grand prize winners of its Kunooz Savings Account with new prizes

Grand prizes include AED 1 million cash and a luxurious Mercedes EQS

Dubai Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the grand prize winners of its Kunooz Savings Account, with updated prizes including a Mercedes EQS. 

The prize ceremony was held at Dubai Festival City Mall, where UAE national Fatima Mohammed Abdul Rahman was handed over her brand-new Mercedes EQS car for the month of May 2023. Ali Al Hosani, also a UAE national, won AED 1 million cash for the draw conducted in April 2023.  

Commenting on her win, Fatima Mohammed Abdul Rahman said, “I am thrilled and grateful to win this amazing new car. I would like to thank Emirates Islamic for rewarding me with this wonderful gift and for their encouragement which motivated me to start saving diligently.” 

Commenting on his win, Ali Al Hosani said: “I am delighted and very thankful to have won this incredible prize. I would like to take the opportunity to thank Emirates Islamic for their excellence in providing products that help customers save.”

Farid Al Mulla, Head of Consumer Banking and Wealth Management at Emirates Islamic added: “On behalf of Emirates Islamic, I would like to extend our warmest congratulations to both grand prize winners. As a leading Islamic financial institution in the region, we are delighted to see how our flagship Kunooz Savings Account has been instrumental in enhancing our customers lives by encouraging them to save for their future and rewarding their good habits.”

He added: “We remain committed to continue to run innovative consumer-focused initiatives that reward customers and help them achieve their dreams and look forward to welcoming more people to the Kunooz family.” 

Emirates Islamic’s Kunooz Savings Account is the bank’s flagship account. Customers can win grand prizes worth AED 1 million every quarter and a Mercedes EQS car every month for every AED 5,000 maintained monthly in their account. Additionally, customers have a chance to win cash prizes worth AED 10,000 once every week for every AED 1,000 maintained daily in their account.

About Emirates Islamic:

Emirates Islamic (DFM: EIB), part of Emirates NBD Group, is a leading Islamic financial institution in the UAE. Established in 2004 as Emirates Islamic Bank, the bank has established itself as a major player in the highly competitive financial services sector in the UAE. 

Emirates Islamic offers a comprehensive range of Shari’a-compliant products and services across the Personal, Business and Corporate banking spectrum with a network of 42 branches and 211 ATMs/CDMs across the UAE. In the fast-growing area of online and mobile banking, the bank is an innovator, being the first Islamic bank in the UAE to launch a mobile banking app and offer Apple Pay, as well as being the first Islamic bank in the world to launch Chat Banking services for customers via WhatsApp. 

Emirates Islamic has consistently received local and international awards, in recognition of its strong record of performance and innovation in banking. In 2023, Emirates Islamic was awarded the ‘Most Innovative Sukuk’ award at The Banker Islamic Banking Awards for its AED 1 billion dirham-denominated sukuk, the first such dirham sukuk issuance by a UAE bank. The bank also won ‘Best Islamic Real Estate Deal’ at the prestigious Euromoney Islamic Finance Awards 2023 for facilitating a real estate financing deal for a leading Dubai-based conglomerate. 

As part of its commitment to the UAE community, the Emirates Islamic Charity Fund provides financial aid to those in need, with a focus on food, shelter, health, education and social welfare contributions. 

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