Latest news with #IBMAG
Biz Bahrain
12-06-2025
- Business
- Biz Bahrain
'Ajyal' Account Wins Best Banking Account for Youth and Minors in Bahrain at IBMAG Awards 2025
Khaleeji Bank, one of the leading Islamic Banks in the Kingdom, has been honoured with the Best Banking Account for Youth and Minors Award 2025 in Bahrain by International Business Magazine (IBMAG), the same publication that recently named the Bank's 'Salary' Account the Best Banking Product in Bahrain for 2025. This accolade recognises Khaleeji's dedication to enhancing the banking experience in Bahrain, demonstrating excellence and leadership in delivering innovative banking services tailored to all age groups, including youth and minors. The 'Ajyal' Account, specifically designed for minors below the age of 21, aims to instil sound financial habits such as saving and investing from an early age. The account is offered in three variants: 'Ajyal' Savings Account, which promotes a saving culture through rewards on deposits and payments. Ajyal 'Deposit' Account, which introduces investment fundamentals through a 12-month fixed deposit with an expected profit rate of up to 5%, as well the 'Ajyal Al Wafer' Account, featuring dedicated prizes alongside those offered by the standard 'Al Wafer' Account, including 60 prizes of USD1,000 each for its 2025 edition. This initiative seeks to equip the next generation early on with the tools and knowledge necessary to achieve financial security and independence in the near and far future. Since its launch, the 'Ajyal' Account has garnered significant and unprecedented interest from clients eager to open this account for their children, highlighting its success which was recently crowned with the 2025 IBMAG Awards. On this occasion, Ms. Ameera Ahmed Al Abbasi, Head of Retail Banking at Khaleeji Bank, expressed her pride in receiving this honour, stating 'We are delighted to receive this prestigious award from IBMAG which acknowledges our ongoing commitment to providing innovative banking services. The launch of the 'Ajyal' Account exemplifies our efforts to encourage young depositors to save and invest, offering comprehensive services through three dedicated versions: Savings, Deposit, and 'Ajyal Al Wafer' Accounts. We are pleased with the growing demand from clients to open this account for their children.' She added 'We take pride in our performance and remain committed to enhancing innovation and excellence across all our banking services. Receiving this prestigious IBMAG award, following IBMAG's recent crowning of our 'Salary' Account the Best Banking Product in Bahrain for 2025, motivates us to continue leading Bahrain's banking sector by providing more innovative and distinctive products that meet the aspirations of all age groups.' Khaleeji is a leading Islamic Bank that strives to achieve clients' ambitions through an Islamic Banking model that offers a comprehensive range of high quality Shari'a-complaint banking services and investment opportunities to individuals and companies.
Biz Bahrain
26-05-2025
- Business
- Biz Bahrain
Khaleeji Bank Wins IBMAG's Best Banking Product Award in the Kingdom for Bahrain in 2025 for the ‘Salary Account'
Khaleeji Bank, one of the leading Islamic Banks in Bahrain, has recently received the Best Banking Product Award in the Kingdom of Bahrain for 2025 for its 'Salary Account', as part of the prestigious annual International Business Awards presented by International Business Magazine (IBMAG), which is recognised worldwide. Khaleeji receiving this new prestigious award for its distinguished banking product, the 'Salary Account', continues its ongoing successes and numerous regional and international awards in recent years. These accolades reflect and crown its diligent and continuous efforts in serving clients and providing the best and highest quality banking products & services that meet their aspirations. This recognition also serves as further proof of the 'Salary Account's' excellence, which provides clients with the best comprehensive banking experience in compliance with the principles of Islamic Shari'a. The account offers exclusive benefits such as the ability to transfer a person's monthly salary to this account, with an Expected Profit Rate of up to 4% of the salary amount without a minimum balance. Additionally, clients are also entered into monthly raffles with a chance to win one of five cash prizes totalling BD 5,000 each month. They can also obtain one of Khaleeji's premium credit cards, either Platinum or Infinite, which offer numerous benefits including cashback, free travel miles, exclusive discounts and many other advantages. On this occasion, Ms. Ameera Ahmed Al Abbasi, Head of Retail Banking at Khaleeji Bank, expressed her happiness and pride in winning this prestigious award, stating 'We are very proud to win the Best Banking Product Award in the Kingdom of Bahrain for 2025 for the 'Salary Account' from IBMAG. Undoubtedly, our continuous collection of awards and international recognitions affirms our leadership as one of the leading Islamic Banks in Bahrain. This new award highlights our excellence and success in providing the highest quality and most innovative banking products & services to our valued clients, including the 'Salary Account' which features numerous exclusive benefits and offers clients a unique and rewarding banking experience. We greatly value the trust of our loyal clients, and winning this award motivates us to continue delivering excellent services, and to develop and enhance all our banking offerings to better meet their diverse needs and aspirations.' Ms. Al Abbasi further added 'The 'Salary Account' from Khaleeji Bank offers a range of exclusive benefits tailored to our clients' needs. Clients can benefit from an Expected Profit Rate of up to 4% of the salary value without a minimum balance, participate in monthly raffles with a chance to win one of five prizes totalling BD 5,000 each month, and obtain one of Khaleeji's credit cards from the Platinum or Infinite tiers, which provide benefits such as cashback, free travel miles, and exclusive discounts with over 100 commercial outlets, adding value to our clients' banking experience. This reflects our commitment to delivering the best banking services and ensuring clients satisfaction at all times. As we share in our clients' joy of winning this valuable award, we take this opportunity to invite all citizens and residents of the Kingdom of Bahrain to transfer their salaries to the 'Salary Account' with Khaleeji Bank to enjoy the many exclusive and exceptional benefits this account offers, which will add a new dimension to their banking experience, along with opportunities to earn profits and win monthly cash prizes.' Khaleeji is a leading Islamic Bank that strives to achieve clients' ambitions through an Islamic Banking model that offers a comprehensive range of high quality Shari'a-complaint banking services and investment opportunities to individuals and companies.
