QIIB launched ‘Joud’ savings account; allows the bank’s customers to win prizes exceeding millions of Qatari riyals

A major annual prize, as well as weekly, monthly, and quarterly prizes with a total value exceeding millions of Qatari riyals, are up for grabs for users of Qatar International Islamic Bank (QIIB), which has announced the debut of its new product, the ‘Joud’ savings account.

The "Joud" account from QIIB is an extremely competitive savings option that provides users with a host of advantages. Not only are they a practical method to save money, but the biggest draws are the large monetary awards that the client may accumulate.

Customers may take money out of it whenever they want and contribute to it at any time. It also permits quarterly profit payouts.

There are 141 prizes altogether for QIIB's "Joud" savings account each year, including a main prize for QR1 million. In addition, there are 20 quarterly awards with a total value of QR50,000 (five prizes every quarter).

Also, users can win 10 prizes worth QR10,000 each month, for a total of 120 prizes per month. 

Customers with balances of QR10,000 or more have the chance to win in a variety of drawings held all year long.