Sharjah Islamic Bank (SIB) has announced the results of the first draw in its “Millionaire 2025” campaign, marking the beginning of what the bank describes as its largest promotional effort to date.
The campaign, which runs until July 2026, includes Dhs 20 million in prizes aimed at encouraging saving habits across the UAE.
First draw concluded
The initial draw was held at SIB’s headquarters in the presence of Sharjah Department of Economic Development officials, along with the bank’s executives and staff.
Among the announced winners, 25 customers received Dhs 500 each, 10 participants won Dhs 1,000, and five individuals were awarded Dhs 5,000. The highlight of the July draw was a BMW XM grand prize, which was awarded to Ms. Fida Hassan Ahmed.
Dhs 20 million in rewards
Over the course of the campaign, eight grand prizes of Dhs 1 million will be distributed quarterly, with four reserved for UAE nationals. An additional four seasonal prizes of Dhs 2 million each will coincide with key national and religious events.
The campaign also includes eight BMW XM vehicles and over 40 monthly cash prizes ranging between Dhs 500 and Dhs 5,000.
SIB said the campaign is part of a broader strategy to promote smart saving and financial awareness across the UAE. “The campaign aligns with SIB’s strategy to promote sound financial behaviour across all segments of society by offering smart saving solutions backed by tangible incentives,” the bank said in a statement.
How to participate
Customers can enter upcoming draws by maintaining a minimum balance of Dhs 10,000 in their savings account. Participation is open to both new and existing customers.
tanvir@dubainewsweek.com
