Tejoori Savings Account

Tejoori Savings Account
Overview

Tejoori Al Islami is an investment account that allows the customer to win substantial cash prizes as a reward on their investment.

The Tejoori Al Islami investment account is a normal Mudharaba based investment account, and all prizes are paid from the shareholders promotional prize account.

A Special Gift for Someone Special

Tejoori Al Islami gift certificate gives you the opportunity to offer a memorable gift to someone special for the following occasions and more:

  • Eid
  • Graduation
  • Wedding
  • New Born Baby
  • New Home
Tejoori Al Islami Gift Certificate Required Documents:
  • Two valid Identification of the gift provider
  • The name and contact details of the gift receiver
What are the features of this account?
  • Minimum of BD50 in the account.
  • Each BD50 in the account will entitle the accountholder to have 1 certificate to enter the monthly, quarterly and yearly raffles.
  • Mudharaba system is applied at the same rate of savings accounts, which are 65% of the profit for the Mudhareb (the Bank) and 35% of the profit for Rab Al Maal (the account holder).
  • Deposit or withdraw any amount from the account, knowing that each BD50 in the account will entitle the customer to enter the raffle by one certificate while all other fractions will not be considered in the raffle.
  • Every certificate will be entitled to enter the raffle after its minimum of 30 days of the deposit into the account.
  • Investment Certificate is printed at the time of the creation of the account and the deposit of the amount into the account and at anytime the customer requests.
  • Investment Certificate will hold the number of all tickets of the customer in addition to the account balance at the time of printing.
  • At the customer's request, a new certificate can be issued after every deposit or withdrawal from the account at any branch.
  • The winning customers will be required to present the original certificate that holds the winning ticket number for claiming the prize.
  • If the customer lost his/her certificate a replacement will be issued by a written request from the customer and after collecting a replacement fee of BD5.
Raffle
  • Tejoori Al Islami Raffles will take place on the first week of every month.
  • All raffles will be conducted with the presence of internal and external auditors and a representative from the Ministry of Industry and Commerce.
  • Winners will be announced and notified in websites and on social media.
Tejoori Al Islami's Monthly and Grand Prizes:

Monthly Prizes

Prize
Total Number of Prizes
Total Value of Prizes
Eligibility
$1,000 50 $50,000 Public*
$5,000 5 $25,000 Public
$10,000 2 $20,000 Public
$20,000 1 $20,000 Loyal**
Total 58 $115,000 -

Grand Prizes

Prize
Total Number of Prizes
Total Value of Prizes
Eligibility
$50,000 2 $100,000 Public
$100,000 2 $200,000 Loyal
$500,000 1 $500,000 Public
Total 5 $800,000 -

Special Draws

Prize
Total Number of Prizes
Total Value of Prizes
Eligibility
$5,000 4 $20,000 Public
Total 4 $20,000 -
  • *Public: The entire Tejoori database is eligible for the draw.
  • **Loyal: Only customers who meet the below criteria are eligible for the draw:
  •   -Accountholders since 3 years or more

      OR

      -Accountholders with 200 eligible certificates or more
Tejoori Raffle Dates
Draw Description
Day
Date
Time
Monthly Monday February 10, 2014

 

 

 

 

 

12:30pm

 

 

Thursday March 6, 2014
Thursday April 3, 2014
Monthly and Grand Tuesday May 6, 2014
Monthly Tuesday June 3, 2014
Thursday July 3, 2014
Monthly, Grand, and Ramadhan Tuesday August 5, 2014
Monthly Wednesday September 3, 2014
Thursday October 2, 2014
Tuesday November 4, 2014
Wednesday December 3, 2014
Monthly and Grand Tuesday January 6, 2015
Grand Raffle Entries

The more and longer you invest, the greater are your chances of winning. Every BD50 entitles you for an entry to the raffle as mentioned in the table below:

Type
Deposit Period
Number of entries to the Grand Raffle
Draws for every BD50
Bronze 30 Days 1
Silver 1 Year 2
Gold 2 Years 4
Diamond 3 Years 6
  • All raffle draws will be held on the first week of every month.
  • Minimum age requirement for account opening is 18 years.
  • Guardians can open Tejoori accounts for children less than 18 years old. Requires child smart card (child birth certificate for mothers).
Loyalty Customers

To reward our customers for their trust and support, we have created the “Loyalty Program” which will allow them to enjoy more chances of winning big through exclusive draws as mentioned in the table below:

Draw
Prize
Monthly Draw $20,000
Grand Draw (April) $100,000
Grand Draw (July) $100,000
What Fatwas principle is this account based on?

Click here to view the Fatwa principle of this account

Eligibility

Tejoori Al Islami savings account is available to Bahraini and non Bahraini nationals.

The general criteria of opening BisB's Tejoori Al Islami savings account is detailed below:

Age of Applicant: 18 years of age at the time of application.

Accounts may also be opened in the names of minors by their legal guardian.

Companies and individual establishments may also open Tejoor Al Islami accounts.

Required Documents

To apply for Tejoori Al Islami savings account, applicants must provide the following documents:

  • Two valid Identifications.
  • Filled and signed application form.
Winners

Year Month
Expand All

2014

September

$ 20000

  • A SALAM YOUSIF AHMED RASHID

$ 10000

  • HASAN ALI HUSAIN EBRAHIM AL MEHRI
  • HADI EBRAHIM A HADI MOHD ALI AL AFOO

$ 5000

  • ESSA ABDULLA ESSA BOHIJJI A\C ALANOOD
  • SEDDIQA MOHAMED HADI AHMED
  • SAYED HASHIM SALMAN SHUBBAR AL QASSAB
  • ASIF IQBAL
  • FAHIM ABDULLATIF S ALNASSER

$ 1000

  • SIDDIQA A RAZZAQ MOHAMMED HASAN
  • FATEMA MOHSEN ALZAIMOOR A/C HUSSAIN
  • SAUD EBRAHIM JEBARA ISA ALTHAWADI
  • SABA A WAHAB YOUSIF AL ZAYANI
  • ABDULLA RASHED HASAN AL JAWDER
  • RAMI MOHAMED A RAHMAN A RAHIM SHEJAIE
  • NAZEEH MOHD SAEED ISMAEEL AL AWADHI
  • MAHMOOD MOOSA SHUBBAR MOHAMED ALALAWI
  • SALMAN ABDULLA MOHAMED AL DESMAL
  • GHOLOM ALI ISMAIL KAREEMI
  • MUNA RASHED HASAN ALALAIWI A/C AHMED
  • FARIS ASAAD AMIN DAGHER
  • SAYED SAEED HASAN MOHAMED ALQASSAB
  • MAHMOOD AHMED SHAIKH ABDULLA MOHD SALEH
  • HESSA YUSUF MOHAMED BUMTAIA
  • MOHAMMAD NAVEED
  • ADNAN EBRAHIM HASAN KAMAL
  • ALI ABDULLA ALI A HAQ
  • LOBNA AHMED QASIM AL JOWDAR
  • ABDULHAY ALI SHAIKH MOHAMMED ALI ALHEJAI
  • HAYAT JAAFAR MASOOD SANAD
  • EBRAHIM A LATIF AHMED ALHARMSI AL HAJRI
  • MOHAMED ALI MOHAMED AL BINALI A\C A AZIZ
  • SEHAM EBRAHIM SALMAN SALEH
  • NADIA ABDULRAHMAN MOHAMMED JANAHI
  • MARIAM ISA MOHD THANI
  • FATHIYA ABDULLA JASSIM MUBARAK
  • EBRAHIM HASAN EBRAHIM ALBOAINAIN
  • REEM RASHID HASSAN AL DHUBAIB
  • BUSHRA SHAFIQ SHAFIQ MASOOD ALAM
  • ABDUL SALAM ABDUL AZIZ
  • MANSOOR ABDULLA ALI AL MODAWEB
  • FATHEYA YUSUF MANSOOR SANAD
  • ISMAEEL EBRAHIM MOHAMED ALBINMOHAMED
  • MAHDI KHALIL ABDULLA MANSOORI
  • MOOSA YOUNIS MOHAMMED HARB
  • AHMED MOHAMED AHMED ISA ALGHAZAL
  • MUSTAFA ALI MOHD AL SAYED
  • ABDULRAHMAN MOHAMED SHARIF ABDULRAHMAN
  • SALAH SALEM SAIF MUBARAK
  • KHADIJA ABDULLA MOHAMED MURAD
  • HUSAIN ALI EBRAHIM BUBESHAIT
  • ALI ABBAS MOHD HASAN A/C HUSSAIN
  • AYSHA AMEEN MOHD ABDULLA
  • NAFEESA MOHAMMED RAFIA KHAJA MOHAMMED
  • YUSUF MOHD JUMA ABUL
  • KHALID MOHAMED MUBARAK MOHAMED ALQAHTANI
  • HANAN MOHAMED ALI ABDULKARIM NASER ISA
  • SHARIFA ALI JASSIM MALALLA
  • YUSUF ISA AHMED ALI A/C ALI