News / Press Releases

Ahlibank Announces Q1 Millionaire Al Rabeh Savings Scheme Prize Draw Winner

30 March 2015
Following much anticipation, the Quarter 1 Ahlibank Al Rabeh Savings Scheme QAR 1 million Prize Draw winner has been named as Mr Muayed Mohammed Al Sharshani, a Qatari citizen. With 469 cash prizes to be awarded this year the latest big money winner expects the Al Rabeh Savings Scheme will continue to grow in popularity.
Mr Al Sharshani, said:
“I was very happy when Ahlibank phoned to say I was the quarterly QAR 1 million prize draw winner. I have been a customer for over 20 years and have been extremely satisfied with them as a bank, as have other family members I have recommended Ahlibank to. I am sure the Al Rabeh Savings Scheme will go from strength to strength.

The prize will help me diversify and add value to my investments as I look to the future. I will definitely invest in Al Rabeh again by opening an account for my children which will give us more opportunity to win. It was great to bring my son Hassan here today to receive the cheque.”

The Al Rabeh Savings Scheme reward structure offers a range of cash prizes with 93 draws in 2015, including:
  • Every week, 10 customers win QAR 5,000 and 1 customer wins QAR 15,000 in a grand weekly draw
  • Every month, 3 customers win QAR 100,000 in the grand monthly draw
  • Every quarter, 1 customer wins QAR 1 million in the quarterly draw and
  • Every year to mark National Day a further QAR 1 million winner is announced

Ahlibank’s Deputy CEO - Retail Banking, Andrew McKechnie, said, “The Al Rabeh Savings Scheme is a simple, safe and secure savings opportunity with instant access to funds deposited. It gives savers the opportunity through its Prize Draw to become millionaires through electronic draws held quarterly and to celebrate National Day. Al Rabeh Savings Scheme will provide 469 cash prizes this year, more than ever before.”

Hassan Al Frangi, Head of Retail Banking Services added: “As a community bank we have created a ‘best in class’ Savings Scheme exclusively for Qataris or Qatar residents. Having personally congratulated Mr Al Sharshani on his QAR 1 million Prize Draw win I was pleased to hear how this money will provide additional investment opportunities for him and his family. We are delighted to provide such opportunities through our Al Rabeh Savings Scheme.”

Ahlibank customers are eligible for entry into the Prize Draw by depositing QAR 500 for a minimum of 7 days in either an Al Rabeh Savings Account or by investing in a Savings Certificate. (This is the shortest qualifying period and the lowest balance required for a bank Prize Draw of this kind). Customers with an Al Rabeh Savings Account have the chance to enter the weekly, monthly and quarterly draws – with an additional Prize Draw entry for each QAR 500 invested. They also enjoy regular interest on their savings - the highest interest rate compared to similar Savings Schemes of this type. Additionally customers can take part by purchasing Al Rabeh Savings Certificates in QAR 500 units from any Ahlibank branch.

To save and win big with Al Rabeh Savings Scheme, visit any of the 16 Ahlibank branches located across the country with a valid Qatari ID or passport. To learn more about the Al Rabeh Savings Scheme please visit one of our branches, contact the Ahlibank 24/7 Contact Centre by calling 4420 5222 or visit

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