RAKBANK AMAL Customer Receives Half a Million Dirhams

Top Quote Saeeda Mohamed Al-Ameri, a UAE national from Abu Dhabi, is the latest winner of AMAL Jood's quarterly grand prize. The twenty-eight year-old reservoir engineer was recently handed a cheque of AED 500,000 in RAKBANK's Al Khalidiya branch in the capital. End Quote
  • (1888PressRelease) August 30, 2014 - Saeeda has been a customer of RAKBANK for eight years, she opened her account when she was a university student in Al Ain, and has been a loyal customer ever since. "I am very happy with RAKBANK and I am especially fond of the great customer service I receive," said Saeeda. "So when RAKBANK launched AMAL for Shariah-compliant banking in early 2013, I directly opened a Jood account."

    A family girl, Saeeda plans to give the entire AED 500,000 to her parents to help finance the building of their dream home. As a keen photographer, she looks forward to capturing the memories.

    Notes to editors:
    Everyone is a Winner - Monthly and Quarterly cash prizes.

    The Jood Account is a unique Mudaraba-based savings account from RAKBANK AMAL. This account gives the chance of winning over AED 2.5 million in yearly cash prizes in the form of a Quarterly Grand Prize of AED 500,000 for one lucky winner and monthly prizes of AED 5,000 for 2 winners and AED 500 for 100 winners. The more you save, the more chances you get - you get 1 chance for an average monthly balance of AED 5,000, plus get 1 extra chance for every additional AED 1,000 monthly average balance.

    Benefits
    - Free Amal Debit Card
    - Online Account Opening
    - Profit is declared and paid on a quarterly basis
    - Free EDM Cash and Cheque deposits
    - Free RAKdirect and Mobile Banking facilities
    - Online Banking and e-statements
    - Low minimum account balance
    - Available in AED currency only.

    AMAL portfolio of products
    AMAL's portfolio of products includes three Credit Cards through RAK Islamic Finance Company, a fully owned subsidiary of RAKBANK, and two Debit Cards. Sharing the trendsetting features of RAKBANK Cards, AMAL does not charge an annual fee on the Sharia-compliant cards which are also eligible for up to 5% Cashback as well as exclusive dining and lifestyle privileges. Moreover, AMAL offers Auto Finance and Home Finance, as well as Business Finance to support small-to-medium enterprises in the UAE.

    Current summer promotions
    There is a special summer promotion until August 21, where holders of AMAL Credit and Debit cards get two chances to enter the draw with every AED 1000 spent on their RAKBANK card internationally and one chance for every AED 1000 spent domestically.

    In addition to the 'Your Card to Cruise' promotion, offering five lucky RAKBANK and AMAL MasterCard customers a family cruise across the Asia-Pacific aboard the Singapore Star Cruise, there are also 50 getaway trips up for grabs for a couple at a five star resort retreat for two nights in the UAE. The promotion also offers a bonus 1% Cashback on card spend throughout the promotion period which entitles customers to up to 6% Cashback on all international purchases and up to 3% on domestic purchases.

    About RAKBANK
    RAKBANK, also known as the National Bank of Ras Al-Khaimah, is a leading retail and small to medium business bank in the UAE, serving over 700,000 customers. Founded in 1976, the Bank is one of the country's oldest local financial institutions and today one of its fastest growing and most dynamic banks. According to The Banker's Top 100 Bank Rankings for 2013, RAKBANK is the 1st in the Arab World by Return on Assets and 5th in the Arab World by Return on Capital.

    RAKBANK offers a wide range of personal and business banking services, as well as Islamic Banking solutions via RAKBANK AMAL, throughout its 34 branches, and its Telephone, Online, and Mobile banking channels.

    For more information, please visit www.rakbank.ae or contact the Call Centre on +9714 213 0000. Alternatively, you can connect with RAKBANK via twitter.com/rakbanklive and facebook.com/rakbank.

    For media queries, kindly contact Lamis Daoud on +9714 291 5064 or via lamis.daoud ( @ ) rakbank dot ae.

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