Palestine Islamic Bank Launches a New Campaign for Savings Accounts

“Over 100!.. a New Prize Each Draw”

Palestine Islamic Bank launched a new savings account campaign to enhance the savings culture in the community by motivating customers to open savings accounts or feed their existing accounts, by offering a distinguished set of cash prizes.

This campaign will include a draw for 6 different cash prizes every two months until the end of the year; each cash prize will be OVER 100,000 shekels (314,000, 165,000, 303,000, 202,000, 154,000, and 181,000). All existing and new customers may participate in this campaign by opening a savings account with a $100 or more or its equivalent in other currencies; noting that every additional deposit of $200 or its equivalent in other currencies gives the customer an additional chance to win.

PIB General Manager, Mr. Imad Al-Sadi, said that the Bank is keen to promote good economic behavior within the community and encourage saving, which is intended to enable customers to preserve their money in a safe and profitable manner, in line with the provisions and rules of Islamic Shari’a.

Al-Sadi also explained that the digital services provided by the Bank make it easier for customers to participate in the campaign; whereas existing customers can open a savings account by communicating with the digital contact center through its various digital channels (WhatsAppFacebook, and the Bank’s website). Moreover, our existing customers with savings accounts may use Islami Online and Islami Mobile services to have money transferred to their savings accounts from any other accounts they have.

Furthermore, Al-Sadi stated that: “The savings account enables the customer to obtain a profit return based on his average daily balance. It also enables him to benefit from all banking services provided by the Bank according to the conditions of each service. He may also be the winner of one of the cash prizes that will be drawn during the campaign; whereas the value of each prize is more than 100,000 shekels, which explains the name of the campaign “Over 100!”

Al-Sadi added, “This campaign will be followed, with new various services and products, during the year 2021 based on the world of modern Islamic banking.”

Moreover, Customers may visit the Bank website and its social media platforms or reach the Bank’s digital contact center to obtain more details about the campaign 24/7.

PIB is the leading Islamic financial institution in Palestine with a clear strategic vision in the Sharia-compliant financing and investment arena. It has been a first mover in bringing innovative sharia-compliant financial products to its retail and corporate customers taking full advantage of advanced technologies in providing various banking services through its digital channels, which contributes to achieving a distinguished banking experience.