Save Money & Get Chance to Win Prizes Part II

Other than SSP from BSN, Bank Islam Malaysia Berhad (BIMB) is another bank that offers lucky draw through its deposit products called Al-Awfar and Al-Awfar Junior.

Al-Awfar is an innovative Mudharabah-based account that gives you the opportunity to win cash prizes worth of RM 2.32 million a year. Al-Awfar Junior is the similar account for children and teenagers. The account types are shown in below table:

Type	Al-Awfar	Al-Awfar Junior
Features	Saving Account-i	Investment Account-i	Saving Account-i Junior
Minimum Initial Deposit	RM100	RM1,000 (1 month tenure) RM500 (3 to 60 months tenure)	RM10
Minimum Balance	RM100	-	RM10
Profit-Sharing Ratio	98 : 2 (Bank : Customer)	70 : 30 (Bank : Customer)	98 : 2 (Bank : Customer)
	(Subject to change from time to time)
Indicative Rate	0.05% p.a.	From 0.68% p.a.	0.05% p.a.
Who can open an account	Individuals Associations Schools/Universities Clubs/Societies Religious Groups		Individuals Entrust
Eligibility to Enter Prize Draw	Every RM100 = 1 unit of entry		Every RM10 = 1 unit of entry
Frequency of Prize Draw	Monthly & Quarterly Frequency of the prize draw and the date of the prize-giving ceremony are subject to change at the Bank’s discretion

Customers will be entitled to participate in the monthly and quarterly prize draws and be able to enjoy the probability of receiving valuable cash prizes.

Monthly Draws:

Type	Al-Awfar (Monthly Draw)		Al-Awfar Junior (Monthly Draw)
Prize	Cash Prizes	No. of Winners	Cash Prizes	No. of Winners
1	RM100,000	1	RM5,000	1
2	RM10,000	1	RM3,000	1
3	RM1,000	20	RM1,000	5

Quarterly Draws:

Prize	Cash Prizes	No. of Monthy Prizes
1	RM200,000	1
2	RM20,000	1
3	RM1,000	50