ADCB Islamic Banking Announces MDSA and EMSA Winners

15 January 2014

Abu Dhabi, 15 January 2014: Abu Dhabi Commercial Bank (ADCB) Islamic Banking unveiled the latest monthly winners of the Millionaire Destiny Saving Account (MDSA) and the Emirati Millionaire Saving Account (EMSA) as well as the EMSA Grand Prize, which were all announced in the presence of representatives from the Economic Development Department- Abu Dhabi at ADCB headquarters.

EMSA Grand Prize Winner was Mr. Nawaf Abdulla Al Nuaimi, who has opened his account 10 months ago at ADCB's Ajman Branch. The EMSA encourages UAE Nationals to save regularly while giving them a chance to win AED 2,700,000 as monthly cash prizes of AED 15,000 for 15 years.

Following the announcement, Mr. Nawaf said, "At first I was not sure whether to open an EMSA saving account as I was not expecting such a Grand Prize! I was amazed to receive a call informing me about the surprise. With the monthly prize now, I can take a construction finance to build my dream home."

Dr. Walid Sayed, a Consultant Physician at Health Plus Centre opened his MDSA account 2 months ago, was named as the MDSA Monthly Grand Prize winner.

Commenting on his win, Dr. Walid who went home with AED 1,000,000 said:" I am really thrilled with my experience with ADCB Islamic Banking, I encourage all my friends and colleagues to open MDSA account with the Bank."

EMSA Monthly Prize winner of AED 250,000 was Muaded Saeed Al Amri, 1 year old, whose father said: "I did not expect my son to win. I am really grateful to ADCB Islamic Banking for creating such an innovative product."

Congratulating the winners, Mr. Amr Al Menhali, Head of Islamic Banking at ADCB, said "At ADCB Islamic Banking, we actively encourage all our customers to save on a regular basis and plan for the future. Our prize based products are gaining momentum with an increasing number of customers choosing to open these accounts."