Mr Faisal Abdulla Mohammed Swar, a Bahraini clothier businessman, has won the highly anticipated US$500,000 Eid Al Adha prize of the 2020 MyHassad edition, which has been enhanced with a staggering US$2 million as the annual prize, two quarterly US$1 million prizes, in addition to 21 weekly prizes of US$1,000. The overall number of winners this year will exceed 1,000.
Receiving the news with surprise and sheer excitement, Mr Swar offered us a glimpse into his relationship with AUB, on to his decades-long journey culminating in today’s win, “I started my career from the young age of ten, and inspired by my late father, built a chain of boutiques and a name for myself. Alongside, I have enjoyed a casual and close relationship with AUB’s team, who have many times given me the right kind of advice to grow my business. The best advice they gave me, it turns out, was to open a MyHassad account. I kept on saving for years with the dream of striking it big one day, a dream that has seen the light today. That is why I have always taught my children to save; even if you don’t hit the jackpot, you are accumulating the means to make any dream possible. No matter what age you are or how much you have, the best time to start saving is now. And with MyHassad, a meagre BD 50 can win you US$2 million. You can’t beat that!”
He added, “The prize could not have come at a better timing, as the current downturn has had an impact on my business, and this cash injection will help me not just repay some debt, but also resume some projects that have seen a hiatus, like a full rebranding of my boutique chain.”
Mr Swar opened his first boutique in the early 1980s. His boutiques today pepper the map with branches in Sanabis, Manama, Muharraq, Hamad Town, and elsewhere. He has been importing apparel from Spain, Kuwait, China, Thailand and other destinations and is known for his quality tailoring craftsmanship.
AUB’s Head of Retail Distribution – Retail Banking, Nader Moosa, stated, “MyHassad is at the forefront of our customer journey. We are delighted to see MyHassad fulfil its objective of making our customers’ dreams come true, even in the face of the current downturn. Our response has been to help our customers get closer to even bigger dreams and wishes. We are grateful to every MyHassad customer for making us their bank of choice and continuing to trust us.”
Every BD 50 held in a MyHassad account for 15 days or longer entitles a Bahraini national or resident customer to enter the draws for a chance to win prizes ranging from the weekly US$1,000 to the grand prize of US$2 million. The odds of winning also go up the larger and older the balance is. And starting this year, there will be no cap on the number of entries a customer can earn; the more one deposits, the higher their chances!
As Bahrain’s longest-running savings scheme, MyHassad has made more winners and delivered more prizes than any other competing programme on the island. Since its inception, over 16,800 MyHassad customers have taken home in excess of BD 70 million in cash prizes.