Dubai, 22 January 2019:   Emirates Islamic, one of the leading Islamic financial institutions in the UAE, recently handed over the AED 1 million cash prize for its monthly Kunooz Savings Account draw to the lucky winner, Ms. Armaz Abdullah Fadel Mohamed, a citizen of St. Kitts-Nevis-Anguilla.

Commenting on her win, Ms. Armaz Abdullah Fadel Mohamed said: “I was overjoyed when I received a call from Emirates Islamic informing me that I had won a cash prize of a million dirhams. My experience has encouraged me to continue saving and recommend my friends and family to do the same.”

Voted Banker Middle East Product Award’s Best Savings Account in 2017, Emirates Islamic’s Kunooz Savings Account is the bank’s flagship account that offers customers a chance to win grand prizes of AED 1 million or a Tesla car for every AED 5,000 maintained monthly in their account. Additionally, customers have a chance to win one of five cash prizes worth AED 3,000 every day for every AED 1,000 maintained daily in their account.

Wasim Saifi, Deputy CEO - Consumer Banking and Wealth Management at Emirates Islamic said: “On behalf of Emirates Islamic, I would like to congratulate Ms. Armaz Abdullah Fadel Mohamed on winning AED 1 million and we hope this prize will help her make her dreams a reality. In 2019, we plan to enhance the awards, giving our Kunooz account holders more opportunities to win big. As an Islamic bank, we have always encouraged our customers to be diligent and save for the future; and with our Kunooz Savings Account, saving can be extremely rewarding.”