Aafaq Islamic Finance reveals winners of 6th monthly draw for ‘sweepstakes’ product


Aafaq Islamic Finance(AIF), a leading institution in the financial sector that provides Sharia-compliant financial products and services across the UAE and the region, rewarded individual and corporate clients with valuable prizes, including cars, appreciation prizes and revealed winners of the sixth monthly raffle draw.

Rashid Mahboob Al Qubaisi, CEO of Aafaq Islamic Finance congratulated the winners of the sixth draw prizes, saying: “We express our appreciation to the companies and institutions amongst our clients and encourage them to invest in transparent, rewarding and Shariah-compliant products that provides them with earning at competitive profit rates.

The monthly and quarterly draws allow them to earn additional cash helps support their business. Al-Qubaisi pointed out there is an increasing demand from companies for raffles and praised the success of the “Aafaq” team in creating opportunities for small companies to deposit investment deposits in the form of wakala and earning at competitive profit rates.

The Sohobat Gold draws are also in demand. Sohobat Platinum required a minimum Combined Investment of AED 100,000 and extra benefits include Aafaq Platinum Credit Card that offers 0.5% less on profit rates of all Aafaq products and 50% off processing fees on all Aafaq products.

For the combined Investment amount of AED 1 million and greater, the draw prizes are done quarterly (One AED 10,000 and one 10 Tola Platinum Bar). Extra benefits include free iPhone 12 Pro 128 GB, Aafaq Platinum Credit Card, 0.5% less on profit rates of all Aafaq products and 50% off processing fees on all Aafaq products.

He also emphasized that pioneering products and services help Aafaq customers and the “Withdrawals” product offers “Aafaq” customers the opportunity to save in an investment deposit system that is compatible with Islamic Shariah in the form of a wakala, spreads awareness of financial responsibility among the Emirati community and helps them achieve their financial goals.—Agencies

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