Kareem saving campaign
PIB’s savings account allows you to enter the draw for major cash prizes and special instant gifts when you open a savings account. The savings account is a retail call deposit account, where you can deposit and withdraw cash and get an ATM card upon request while enjoying returns based on your average daily balance. Funds in these accounts are invested based on unrestricted Mudaraba in line with Islamic Sharia.
- Licensed by PIB’s Sharia Supervisory Board
- A draw is held every three months for one cash prize of 250,000 shekels
- A draw is held for a prize of 500,000 shekels at the end of 2023
- Instant gift when opening a new savings account with a value of $300 or more or its equivalent in other currencies
- Instant gift upon the first deposit of $300 or more or its equivalent in other currencies to an existing savings account during 2023
- Each additional deposit of $100 or more or its equivalent in other currencies gives the customer an additional chance to win cash prizes
- Every savings account with a value of $100 or more or its equivalent in other currencies will enter the draw for the campaign’s grand prizes
- The savings account gives you a return calculated based on the average daily balance
- Access to all PIB banking services, in line with terms and conditions for each service
- ATM card upon request
- PIB’s savings accounts are not subject to any commission
Draws include cash prizes and instant gifts, as follows:
- Three cash prizes of 250,000 shekels each, every 3 months. The first draw will take place at the end of March 2023
- A cash prize of 500,000 shekels at the end of 2023
- An instant gift when opening a new savings account with a value of $300 or more or its equivalent in other currencies
- An instant gift upon the first deposit of $300 or more or its equivalent in other currencies to an existing savings account during 2023.
- Opening a savings account of $100 or more, or its equivalent in other currencies, allows the customer to enter the draw for the campaign’s cash prizes
- A customer receives an instant gift when they open a new savings account and deposit $300 or more or its equivalent in other currencies and upon the first deposit of $300 or more or its equivalent in other currencies into an existing savings account during 2023
- Each additional deposit of $100 or more or its equivalent in other currencies gives the customer an additional chance to win cash prizes
- Existing accounts that meet the conditions of the campaign are automatically entered into the draw
- Each customer may enter the campaign through one savings account only
- To open an account, the customer must be 18 years old or older
- Minors may only open an account through their legal representative until they turn 18
- Prizes are delivered at the place indicated by PIB which may publish the name of the winner, take their picture and share it on its platforms
- A list of accounts eligible for the draw is prepared according to the terms of the campaign one business day prior to the date of the draw
- PIB’s employees, Board members, members of the Sharia Supervisory Board and their relatives up to the first degree may not participate in the draws
- The winner must sign an undertaking agreeing that PIB publishes their name and photo on any media outlet it deems appropriate before receiving the prize
- Prizes are subject to income tax
- Terms and conditions of PIB and the campaign shall apply
- The campaign will end on 31/12/2023
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