Ahli United Bank of Kuwait

Al-Hassad

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Profitable and assured returns!

Invest in AI-Hassad Islamic account and you will be enrolled in the program of weekly, quarterly, seasonal and privilege draws which offers more than 750 prizes annually.

Deposit a minimum of KD 100 and open AI-Hassad Account, Start earning your draw chances today and instantly earn lucrative yearly profits.

The investment is made on the basis of Wakala contract, the whole balance shall be invested at a profit rate of (0.01%).

Required documents

Valid Civil ID card
FATCA & CRS
KYC (Know Your Customer)
AML (Anti-Money Laundering)

Draws and Awards with Al-Hassad Account

Weekly Draw

20 weekly prizes worth KD 1,000
Fitr and Adha Draw

Prizes worth KD 100,000
Privilege Draw

4 draws annually, each prize worth KD 25,000
Quarterly Draw

4 Quarterly draws, each prize worth KD 250,000

Want to be eligible for the draw? Here are the conditions:

A minimum balance of KD 100 or more is required.
The minimum balance will be reserved and can only be withdrawn when the account is closed.
Minimum period to hold a balance to be eligible for a draw is 15 days
You get a maximum of 30000 thousand chances in a draw.
Draws are held every Wednesday, official business day at Ahli United Bank in Kuwait based on a draw schedule.
When the balance is held for 15 days before the draw date, you get one chance for every KD 50.
When the balance is held for 90 days before the draw date, you get two chances for every KD 50.
When the balance is held for 180 days before the draw date, you get three chances for every KD 50.
For Privilege draws, Balances more than 1 year which have not yet won a prize in the last five years will be eligible for 1 draw chance per KD 50.
There will be no weekly draws during the week that coincides with a privilege or Quarterly Draw or Eids Draws.
All prizes will only be credited to the customer’s account maintained with the Bank.
The cash prize amount will be deposited into the customer’s account within two weeks of announcing the winners.
Prize draws on AlHassad accounts will take place according to the prize schedule and are subject to eligibility requirements as announced by the Bank from time to time. The Bank reserves the right to change these terms and conditions, the frequency of draws (including eligibility criteria), prizes and the prize structure and the inclusion of the Bank’s affiliates and subsidiaries in the prize draws, at its absolute discretion any time with prior notice to customers through any means of communication as decided appropriate by the Bank.
The Bank reserves the right to use winners’ name in all current/future promotional, advertising campaigns and/or marketing material.
Draws shall be held under the supervision of representatives of the Ministry of Commerce.
All prizes are available to all eligible customers of the Bank and other banks participating in the scheme.
All accounts of staff belonging to AUB Kuwait and its affiliates, and their immediate family members (parents, siblings, spouse, children, grandparents and grandchildren) will be excluded from the prize draws and will not be allowed to receive any of the prizes.
Customers’ funds in AI-Hassad Islamic Saving Investment Account shall be invested in full on the basis of Wakala investment.
Profit is calculated on the minimum balance during the month and distributed every fiscal year
Prizes granted under AI-Hassad Islamic Prize Program are from the bank funds and not from depositors’ funds.
The bank Fatwa and Shari’ah board has approved the prizes program for the investment accounts.

* The opening of an account is subject to the Bank's terms and conditions

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