Two UAE nationals win Teslas with Emirates Islamic’s Kunooz Savings Account


Bank also rewards five other lucky savers with AED 50,000 cash prize each

Farid Al Mulla, Deputy Head of Consumer Banking and Wealth Management at Emirates Islamic

Dubai: Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the lucky winners of its monthly Kunooz Savings Account draw for October 2020.

As part of the 6 Teslas promotional campaign being run from October to December 2020, UAE nationals Amal Alahdal and Hour Nour Alseeni were each rewarded with a brand-new Tesla car. In addition, Indian nationals Gulzar Begum and Mohamed Yakhub, Iranian national Mohammad Sarebani and UAE nationals Ahmed Omar Maghoum; Shaima Mohamed Abdulla were rewarded with AED 50,000 cash prize each.

Farid Al Mulla, Deputy Head of Consumer Banking and Wealth Management at Emirates Islamic, said: “This month, we are delighted to fulfill the dreams of seven lucky savers and I would like to take this opportunity, on behalf of Emirates Islamic, to extend our warmest congratulations to all the winners. We would like to encourage our customers to continue to save regularly and stand a chance to win one out of four more Tesla cars until December 2020 as well as weekly and quarterly cash prizes of AED 50,000 and AED 1 million respectively.”

Voted Best Banking Product by Global Banking & Finance Review in 2018, Emirates Islamic’s Kunooz Savings Account is the bank’s flagship account that offers new and existing customers a chance to win grand prizes of AED 1 million every quarter or a Tesla car every month for every AED 5,000 maintained monthly in their account. Additionally, customers have a chance to win weekly cash prizes worth AED 50,000 each for every AED 1,000 maintained daily in their account.

About Emirates Islamic:

Emirates Islamic (DFM: EIB), part of Emirates NBD Group, is one of the fastest growing banks 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 53 branches and 191 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. The Bank was named ‘Best Islamic Financial Institution in UAE’ 2020 in New York-based Global Finance magazine’s list of the ‘World’s Best Islamic Financial Institutions.’ Emirates Islamic was also recognized as 2019’s ‘Best Islamic Bank’ and the ‘Most Innovative Islamic Bank’ by the World Finance Magazine’s global Islamic Finance Awards. The Bank was also awarded the ‘Most Innovative Islamic Bank’ by Islamic Finance News, a leading global Islamic finance news provider. 

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.