AlRayan Bank Launches Exciting Al Tijori Savings Account

AlRayan Bank has introduced the Al Tijori Account, a new prize-linked savings account aimed at encouraging customers to save while providing opportunities to win substantial rewards. This initiative aligns with Islamic banking principles, allowing customers to grow their savings in a secure manner.

Unveiling the Al Tijori Account

Named after the Qatari word for “treasure chest,” the Al Tijori Account offers a unique blend of savings and excitement. Every Qatari Riyal saved translates into entries for a chance to win various prizes, enabling customers to steadily work towards their financial aspirations.

The account features multiple draws throughout the month, including:

• QR10,000 awarded to 10 winners in bi-monthly draws, totaling 20 winners each month.
• One lucky winner will receive QR100,000 in a monthly draw.
• A grand prize of QR1,000,000 will be awarded to one winner every quarter.

This results in a total of 256 winners receiving QR7.6 million in prizes annually, ensuring continuous excitement for participants.

Aiming for Diverse Financial Goals

The Al Tijori Account caters to a wide range of savers, from young millennials embarking on their financial journeys to established families focused on long-term wealth accumulation. It also appeals to professionals seeking to enhance their financial status and retirees looking for secure savings with the thrill of potential rewards.

Omar Al Emadi, Acting Group Chief Executive Officer of AlRayan Bank, expressed enthusiasm about the launch. He stated, “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. Whether it’s QR10,000 or a life-changing QR1,000,000, each prize brings our customers one step closer to turning their aspirations into reality. All it takes is the first step: start saving.”

Opening an Al Tijori Savings Account is convenient, with options available through the AlRayan Go Mobile App or by visiting any AlRayan Bank branch. This initiative not only encourages a culture of saving but also integrates a sense of anticipation and community among participants.

AlRayan Bank invites all prospective customers to explore the Al Tijori Account, which combines the benefits of saving, growth, and the excitement of frequent prize draws. By catering to various lifestyles and financial objectives, the account provides an opportunity for everyone to build their savings while enjoying the possibility of winning significant rewards throughout the year.