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2 Winners Receive 1 Million Dirhams Each in ADCB Islamic Banking’s Monthly Prize Draw
17 Aug, 2020 / 02:43 pm / Iris Media

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Abu Dhabi Commercial Bank (ADCB) Islamic Banking announced the two latest million-dirham winners of its Millionaire Savings Accounts, bringing the total millionaires announced this year to seven. Since 2009, ADCB’s Millionaire Savings Accounts have made 137 millionaires from all walks of life and continue to help customers achieve their ambitions.

Dr. Ahmed A. M., who opened his Millionaire Destiny Savings Account (MDSA) in December 2019, is the latest winner in the monthly prize draw of AED 1,000,000 for MSDA account holders. The other winner of AED 1 Million, from the Emirati Millionaire Savings Account (EMSA) is Mr. Mohamed M. J. who has been banking with ADCB Islamic Banking since 2015

Both winners were excited to receive the news about their wins and expressed their appreciation to ADCB Islamic Banking. The medical community has played crucial role during the COVID-19 pandemic, therefore it is a pleasure to have a medical professional as one of the latest winners.  Dr. Ahmed said, “Choosing to invest with ADCB was never a difficult decision, you can trust this leading national bank with your life earnings, especially during these difficult times with unstable investment market everywhere. I consider myself lucky to win this generous prize. I always wondered if such huge prizes are real and fair, and ADCB just proved it is. I think with ADCB everyone has a chance.. everyone is eventually a winner."

Both MDSA and EMSA encourage customers to save regularly, with a minimum balance requirement of only AED 5,000, while giving them a chance to win cash prizes exceeding AED 26 million annually across the two types of accounts. Every additional AED 1,000 saved gives the account holder one additional chance in the prize draw. In addition to the monthly grand prize of one million dirhams, the MDSA draw gives away 10 prizes of AED 10,000 each and 100 prizes of AED 5,000 each, every month. EMSA customers stand to win AED 1,000,000 twice a year, AED 250,000 every month and AED 10,000 daily.

Congratulating the winners, Mr. Kaizar Patla, Head of Islamic Banking at ADCB said,

“While, the global pandemic has had a significant effect on financial markets, businesses and individuals, our top priority remains our customers and partners. We are happy to be able to bring some joy to our customers with our MDSA and EMSA products that are two of the biggest prize-based savings accounts in the region. In the face of strong macro-economic headwinds, our advice to current and potential customers is to maintain financial discipline, invest wisely and save carefully.”