Al Hassad Account
Al Hassad Benefits
Where your investments don’t just grow — they win!
Al Hassad Account is a Shariah-compliant Wkala investment solution offering customers attractive monthly expected profits combined with weekly, monthly, quarterly, and annual chances to win cash prizes. Whether you’re investing for tomorrow or planning for something big, Al Hassad rewards your commitment every step of the way.
- Monthly Profit Rate: Enjoy an expected annual profit of 10%, paid monthly based on the lowest balance during the month
- Minimum Opening Balance and calculate the profit: EGP 5,000
- Your funds are invested ethically under a Wakala agreement, in line with Islamic finance principles.
- Maintain an average balance of EGP 50K or more to qualify. The longer you hold, the more chances you get.
- 1 chance for each EGP 50,000 in the weekly draws
- 2 chances for each EGP 50,000 in the monthly draws
- 3 chances for each EGP 50,000 in the quarterly draws
- 4 chances for each EGP 50,000 in the annual draws
- Maximum chances are 3000 chances per customer per draw
- All prizes will only be credited to the Client’s account maintained with the Bank.
Prizes Structure
Weekly draw:
- 25 winners weekly
- The prize amount is EGP 10,000 for each winner (total EGP 250,000).
- Chances are calculated based on the average balance of the previous month, provided that the available balance on the draw date is EGP 50,000 or more.
Monthly draw:
- 10 winners monthly
- The prize amount is EGP 50,000 for each winner (total EGP 500,000).
- Chances are calculated based on the average balance of the previous month, provided that the available balance on the draw date is EGP 50,000 or more.
Quarterly draw:
- 5 winners quarterly
- The prize amount is EGP 200,000 for each winner (total EGP 1,000,000).
- Chances are calculated based on the average balance of the last three months, provided that the available balance on the draw date is EGP 50,000 or more.
Annual draw:
- 3 winners annually
- The prize amount is EGP 1,000,000 for each winner (total EGP 3,000,000).
- Chances are calculated based on the average balance of the last twelve months, provided that the available balance on the draw date is EGP 50,000 or more
- Customers may win multiple times across different draws (e.g. weekly and monthly).
- A customer cannot win more than once within the same draw cycle.
- If two draws coincide in the same week, the higher draw will take place.
- In case of public holidays, the draw dates will be rescheduled accordingly.
- Draws shall be held under the supervision of representatives of the Ministry of Social Solidarity
- The Bank reserves the right to change these Terms and Conditions, the frequency of draws (including eligibility criteria), prizes and the prize structure at its absolute discretion any time with prior notice to Clients through any means of communication as decided appropriate by the Bank
- The Bank reserves the right to use winners’ name in all current/future promotional, advertising campaigns and/or marketing material.
- The names of the winners from each draw cycle of the Al Hassad Account shall be published through all advertising channels related to the competition, by any means, whether printed, electronic, or via social media platforms or any current/future promotional, advertising campaigns and/or marketing material
