Dubai, 14 May 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, Indian national Abdul Razak Kalathumkara.

Commenting on his win, Mr. Abdul Razak Kalathumkara said: “I was overjoyed to receive the good news from the bank informing me that I had won AED 1 million, and I feel immensely grateful and blessed to win this cash prize. I have my business and personal accounts with Emirates Islamic and a Kunooz account since 2013. I would like to extend my heartfelt thanks to Emirates Islamic for their constant support, and I will be sure to recommend the bank’s services to others.”

Voted Banker Middle East Product Award’s Best Savings Account in 2017, Emirates Islamic’s Kunooz Savings Account is the bank’s flagship savings 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.

As a special promotion during the Holy month of Ramadan, Emirates Islamic will be offering double prizes on the Kunooz Savings Account. New and existing customers can win 1 of 2 Tesla cars and 10 daily cash prizes.

Wasim Saifi, Deputy CEO - Consumer Banking and Wealth Management at Emirates Islamic said: “On behalf of Emirates Islamic, I warmly congratulate Mr. Abdul Razak Kalathumkara on winning the AED 1 million grand cash prize.

The Kunooz Savings Account has been instrumental in motivating our customers to save money for their future and rewarding them with daily and monthly prizes. We hope this prize will help Mr. Kalathumkara to achieve his dreams and inspire many others to enhance their chances of winning by saving more.”