Customer’s Loyalty Pays Off - RAKBANK AMAL Customer Wins Half a Million Dirhams

Mohamed Ali Ibrahim Leamash, a UAE national from Ras Al Khaimah, was recently announced the first winner of AMAL Jood’s grand prize.

Online PR News – 20-November-2013 – Dubai – Mohamed Ali Ibrahim Leamash, a UAE national from Ras Al Khaimah, was recently announced the first winner of AMAL Jood’s grand prize. Third time is a charm for Mohamed who won AED 500 twice previously with the Bank’s monthly draws before walking away with AED 500,000.

A RAKBANK customer since 1993, Mohamed credits the Bank’s superior customer service for this long-lasting relationship. So he was keen to try new products as he opened the Sharia-compliant Jood account when RAKBANK launched its Islamic Banking window, AMAL, at the beginning of 2013.

“RAKBANK has been very supportive of my requirements over the years,” said Mohamed, a businessman since 1968. “The first thing I would like to do with my new fortune is invest it in other rewarding products and services provided by the Bank,” he added.

The Jood Account is a unique Mudaraba-based savings account from RAKBANK AMAL that allows customers to grow their savings while earning chances to win half a million dirhams in its quarterly draw. Also, every month two lucky winners pocket AED 5,000 each and 100 others receive AED 500 each.

AMAL’s portfolio of products includes two Debit Cards and three Credit Cards through RAK Islamic Finance Company, a fully owned subsidiary of RAKBANK. Sharing the trendsetting features of RAKBANK Cards, RAKBANK AMAL does not charge an annual fee on the sharia-compliant cards which are also eligible for up to 5% Cashback as well as exclusive dining and lifestyle privileges. Moreover, Amal Auto Finance helps customers get the car of their dreams with minimal documentation and quick approvals, whereas AMAL Business Finance extends the required financial support to small-to-medium enterprises in the UAE.

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RAKBANK, also known as the National Bank of Ras Al-Khaimah, is a leading retail and small to medium business bank in the UAE, serving over 700,000 customers. Founded in 1976, the Bank is one of the country’s oldest local financial institutions and today one of its fastest growing and most dynamic banks.

RAKBANK offers a wide range of personal and business banking services, as well as Islamic Banking solutions via RAKBANK AMAL, throughout its 34 branches, and its Telephone, Online, and Mobile banking channels. A prominent player in small to medium enterprise finance and a leading provider of credit cards, the Bank received the title of ‘Bank of the Year’ in 2012 by Arabian Business Achievement Awards.

For more information, please visit or contact the Call Centre on +9714 213 0000. Alternatively, you can connect with RAKBANK via and

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