Ajman Bank Announces First Millionaire Winner


Ajman Bank has announced the winner of the first grand prize of Ajman Bank’s Millionaire Savings Account. The automated system selected Ms Samiha Abdulqader from among the eligible customers as the first winner of the one-million-dirham prize resulting from the grand draw held on July 13, 2023, under the supervision of Ajman Bank officials and in the presence of Ajman Economic department representative.


Extending his heartfelt congratulations to the winner, Mr. Faizal Kundil, Head of Consumer Banking at Ajman Bank, remarked, "We are thrilled to announce Samiha Abdulqader as Ajman Bank´s first Millionaire Grand Prize winner. This highlights the tremendous success of our Millionaire Savings Account and reaffirms our commitment to providing innovative banking solutions to our valued customers. This account has been very popular with our customers, and we are pleased to be able to offer them the opportunity to win big while also saving for their future. As we continue to grow, we are committed to providing exceptional banking experiences that empower our customers to achieve their financial aspirations."


The Ajman Bank Millionaire Savings Account offers an unparalleled opportunity for customers to save, win, and become millionaires. By maintaining a minimum balance of AED10,000, customers can secure one raffle entry for every AED10,000 saved. The account operates on the principles of Islamic finance and provides profit-bearing benefits based on the lowest balance maintained each month, shared according to a predetermined ratio between the customer and the bank.


Key Features of the Ajman Bank Millionaire Savings Account include:


  1. The chance to win up to AED1 million twice a year and 10 monthly prizes of AED 5,000 each.
  2. Shari´a-compliant Mudaraba based profit-bearing account.
  3. Free Ajman Bank Master Debit Card.
  4. The convenience of opening a Millionaire Savings Account at Ajman Bank and easy access to integrated banking services through the Ajman Bank Digital Application available on App Store & Google Play.


The Ajman Bank Millionaire Savings Account is available to individuals, joint account holders, and minors, making it a versatile and inclusive banking solution.

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