SWITCHING his initial savings account to Bank Islam Malaysia Bhd’s Al-Awfar account two years ago proved to be rewarding for Abdul Hamid Abdullah, as he became the bank’s 27th Al-Awfar millionaire.
The 61-year-old ambulance driver from Sungai Petani, Kedah, was in disbelief when he was contacted by a bank officer in March about his win in the Al-Awfar March 2020 draw.
“The officer had to make a video call so I could verify the authenticity of the call, ” he said over the phone as he was unable to attend the prize-giving ceremony in Kuala Lumpur because of safety concerns stemming from the rising number of Covid-19 cases in Kedah.
“My plan is to deposit part of the winnings into a pilgrimage fund and savings account.
“I also plan to buy houses for my children, ” he said.
Mohamad Hasan Mohamed Rawther from Baling, Kedah, also won RM1mil in the bank’s Al-Awfar June 2020 draw but he too was unable to attend the event.
The bank celebrated the five winners of the Al-Awfar Special Draw June 2020 at the same event.
Self-employed Erwan Feisal Tolos, 39, from Banting, Selangor, walked away with the grand prize of a Mercedes-Benz C200 Avantgarde.
“I thought it was a scam when the bank officer contacted me to say that I had won a luxury car, ” he said.
Driving home a brand-new Mazda CX-5 was Norliza Abd Ghani from Bandar Enstek, Negri Sembilan.
“I am thankful for being picked as one of the winners, ” said the 39-year-old housewife, who had opened an Al-Awfar account in June.
The other three winners of the special draw category, who won a Mazda CX-5 each, were Amirahman Abas from Seremban in Negri Sembilan, Azmi Ismail from Kuantan, Pahang and Hashimah Ismail from Kota Baru, Kelantan.
Bank Islam has produced 28 Al-Awfar millionaires from its draws since it was introduced in 2009.
At the event, Bank Islam chief executive officer Mohd Muazzam Mohamed said Al-Awfar was an innovative investment account based on the Mudarabah concept that allows customers to win cash prizes and rewards worth more than RM15mil a year.“In over a decade, Al-Awfar continues to receive overwhelming response from the public.
“The increase in number reflects the confidence of customers in Al-Awfar and the importance of making wise investments, especially in this current challenging environment.
“As the bank advances prosperity for all, we are committed to innovating in ensuring that this investment product remains relevant and continues to benefit the lives of customers, ” he said.
As of Sept 9, this investment product recorded a fund size of almost RM4bil through 924,615 accounts.
In January last year, the Al-Awfar fund size was RM2.93bil with 868,710 accounts.
This year, Bank Islam targeted the Al-Awfar fund to increase by RM732mil and as of Sept 9, it surpassed this target by reaching RM1.11bil.
The fund is targeted to increase by RM913mil next year.
Al-Awfar is open not only to individuals but also business entities, associations, religious bodies, schools, universities, clubs and organisations.
To encourage customers to save in Al-Awfar accounts, the bank is offering the Al-Awfar Eligibility Unit (EU) through its Elite Campaign which gives customers more chances to win attractive prizes.
Those who wish to open an account online can do so at https://vao.bankislam.com.my
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