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Posted on: Tuesday 28 July, 2020 12:45 pm
Emirates Islamic announces winners of award-winning Kunooz Savings Account
Farid Al Mulla, Deputy Head of Consumer Banking and Wealth Management at Emirates Islamic
Farid Al Mulla, Deputy Head of Consumer Banking and Wealth Management at Emirates Islamic

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the lucky winners of its monthly Kunooz Savings Account draw for June 2020.


Indian national, Muhammad Chelayil, won the AED 1 million cash prize and Indian national, Abdul Naser Arastana, was rewarded with a brand-new Tesla car. In addition, Tanzanian national Samir Alakrabi, Afghanistani national Asad Ullah Khan, Egyptian national Tamer Elayek and Pakistani national Muhammad Shaheed were rewarded with AED 50,000 cash prize each.


Commenting on his AED 1 million grand cash prize, Muhammad Chelayil said: “I had just started saving with Kunooz in January 2020 and can’t believe I became a millionaire in such a short time.”




Farid Al Mulla, Deputy Head of Consumer Banking and Wealth Management at Emirates Islamic, said: “On behalf of Emirates Islamic, I would like to extend our warmest congratulations to Muhammad Chelayil on receiving the AED 1 million grand cash prize and to Abdul Naser Arastana for winning the Tesla as well as all the rest of the winners for bagging the AED 50,000 cash prizes for the month of June. As a financially responsible organisation, we always motivate UAE nationals and residents to adopt a healthy financial lifestyle and we will continue to encourage them to save more by rewarding them with grand prizes that will make a positive impact in their lives.”


Voted Best Banking Product by Global Banking & Finance Review in 2018, Emirates Islamic’s Kunooz Savings Account is the bank’s flagship account that offers new and existing customers a chance to win grand prizes of AED 1 million or a Tesla car for every AED 5,000 maintained monthly in their account. Additionally, customers have a chance to win weekly cash prizes worth AED 50,000 each for every AED 1,000 maintained daily in their account.




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