Sharjah Islamic Bank (SIB) has officially launched its “Millionaire Draw” campaign, starting July 1, 2025, to encourage sustainable saving habits across the UAE. The initiative offers generous monthly and seasonal prizes, including cash rewards up to AED 20 million and BMW luxury cars, to both new and existing savings account holders.
Key Facts
- Campaign Start Date: July 1, 2025
- Eligibility: All savings account holders (adults, children, students)
- Entry Criteria: AED 10,000 daily balance qualifies for one draw entry
- Prizes: Up to AED 20M in cash, 8 BMW XM cars, and 40 monthly cash prizes
- Join Via:Download the SIB Digital App, text “Millionaire” to 6667, or visit the official website.
A Strategic Push for Financial Responsibility
SIB’s “Millionaire Draw” is more than a prize campaign—it’s part of a long-term financial literacy and inclusion initiative. For every AED 10,000 balance maintained daily, customers earn draw entries, incentivizing consistency in savings behavior.
20,000,000 درهم بانتظارك!
حساب التوفير يخليك مليونير! كل 10,000 درهم في الحساب تدخلك سحب المليونير الشهري على مليون درهم، سيارات فاخرة والعديد من الجوائز النقدية. السحب الأول في 5 أغسطس 2025.
افتح حساب التوفير أو زد رصيدك عبر تطبيق SIB Digital وكنّ المليونير القادم!
أرسل… pic.twitter.com/0ADb8t6jeq
— Sharjah Islamic Bank (@shjislamicbank) June 23, 2025
The bank has tailored the campaign to appeal to a broad audience:
- Children & students can participate through specialized savings accounts.
- UAE Nationals will have a dedicated AED 1 million quarterly prize draw.
- Seasonal Rewards: AED 2M prizes will be announced during national holidays and Eid.
Prize Highlights
- Quarterly Grand Prizes:
- AED 1M draw for UAE nationals
- AED 1M draw open to all customers
- Seasonal Mega Draws:
- AED 2M during national & religious celebrations
- Luxury Cars:
- 8 BMW XM vehicles up for grabs
- Monthly Prizes:
- Cash prizes ranging from AED 500 to AED 5,000
- 40 winners selected monthly
Why This Matters
The initiative signals a trend where Islamic banks innovate beyond profit-sharing models to offer engaging incentives while still upholding Sharia-compliant principles.
For:
- Retail customers, it promotes disciplined saving with real financial gain potential.
- Investors, it showcases SIB’s competitiveness in customer acquisition and engagement.
- Youth and families, it introduces early financial literacy through child-friendly accounts.
