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ila Updates
Aug 24, 2022
ila Bank’s June Al Kanz winner gets the mid-year grand prize of US$120,000

Manama, Bahrain: ila Bank, the fastest growing digital mobile-only bank in the region, has announced Husain Nader Dawani as the Al Kanz winner for the month of June. The bumper mid-year prize of US$120,000 will be presented to Husain in monthly instalments of US$10,000 for one year.

27-year-old Husain was notified of his lucky win verbally following an automated draw held under the supervision of representatives from the Ministry of Industry & Commerce, Bank ABC, ila Bank and Ernst & Young.

At the prize-handover celebration held at ila service centre, Husain said: “I am shocked, happy and excited beyond words! I’m extremely impressed with ila Bank, its services, and the entire banking experience it offers.”

Husain opened his account on 14 April 2020, and uses the smart savings tool, Hassala, and Al Kanz the most. He plans to invest the prize money in the long run, but for the time being, will keep the money in his Al Kanz account until the right investment opportunity is found.

He continued, “It is definitely the best and easiest prize account I have ever used. It’s simple and straightforward, with all the details I need to know about the prizes and the upcoming draws readily available,” he said. “My family and I love the products and services offered by ila Bank.”

On this occasion, Nada Tarada, Head of Business & Customer at ila Bank remarked: “Al Kanz reflects ila’s commitment to enable its customers financial aspirations through seamless, easy-to-use and exciting banking solutions. By making it readily available via the ila app, with the ability to gift each other draw entries, we have introduced an inclusive and convenient prize account for all our customers to enjoy while they build their savings.”

“Congratulations to Hussain on winning this huge mid-year prize of US$120,000 and hope it will a be a source of long-term happiness and fulfilment. We can’t wait to celebrate the winner of our grand prize of US$1 million and encourage everyone to take a shot at winning prior to the closing date on 31st December 2022.”

Al Kanz account holders are geared up for July’s monthly prize of US$50,000, which will be announced on 5 September 2022. The last date for deposit to enter the August draw is 31st August 2022.

Designed to appeal to all generations, Al Kanz empowers customers with an easier and more exciting way to save. Built on the foundation of listening to its customers, ila Bank has been able to change customers’ lives, through its products, especially the prize account that offers massive cash prizes, totalling US$1.5 million. Through Al Kanz, customers stand a chance of winning a monthly prize of US$50,000 and the grand prize of US$1,000,000 in December. For more details visit Al Kanz | ila Digital Bank - Bahrain (