AlRayan Bank Launches Al Tijori Savings Account with Exciting Prizes

AlRayan Bank has introduced the Al Tijori Account, a prize-linked savings account designed to enhance customer savings while adhering to Islamic banking principles. This innovative account transforms every Riyal saved into a chance to win substantial rewards, making saving not only rewarding but also exciting.

Unlocking Treasures with Every Savings

The name Al Tijori, which translates to “treasure chest” in Arabic, reflects the account’s aim to provide customers with both financial growth and the thrill of winning prizes. Each deposit increases the chances of winning, incentivizing individuals to save more.

AlRayan Bank organizes draws twice a month, with QR10,000 awarded to ten winners in each draw, resulting in a total of twenty winners each month. Additionally, monthly prizes feature a draw for QR100,000, and a quarterly grand prize of QR1,000,000 will be awarded to one lucky winner every three months. In total, this initiative will see 256 winners receive a combined total of QR7.6 million in prizes annually, maintaining excitement throughout the year.

A Savings Account for Everyone

The Al Tijori Account caters to a diverse range of savers. It appeals to young millennials beginning their financial journeys, as well as ambitious professionals and entrepreneurs looking to grow their wealth. Established families can also benefit from the account, focusing on long-term savings and legacy building. Moreover, retirees seeking secure savings with the added thrill of ongoing prize opportunities will find this account particularly appealing.

Omar Al Emadi, Acting Group Chief Executive Officer at AlRayan Bank, emphasized the account’s unique value: “With Al Tijori, we’ve created more than just a savings account; we’ve created a gateway to opportunities for every customer, no matter their goals or stage in life. It’s a chance to grow your savings, dream bigger, and feel the excitement of every draw.” He further noted that each prize, whether it’s QR10,000 or a life-changing QR1,000,000, brings customers closer to fulfilling their aspirations.

Opening an Al Tijori Savings Account is straightforward, available through the AlRayan Go Mobile App or at any of the bank’s branches. AlRayan Bank encourages all customers to take part in this unique savings opportunity that combines the benefits of saving with the thrill of frequent prize draws.

In conclusion, the Al Tijori Account exemplifies the bank’s commitment to providing innovative financial solutions that cater to various lifestyles and financial goals, ensuring that every customer has the chance to build their savings while enjoying the excitement of potential rewards throughout the year.