QIB Announces Two New Misk Millionaires, Each Winning QAR 1 Million

3 min read
•
Oct 13, 2026
Share this article
QIB Announces Two New Misk Millionaires, Each Winning QAR 1 Million

Doha, Qatar – 11 October 2026: Qatar Islamic Bank (QIB), Qatar’s leading digital bank, has announced two new millionaires of the 9th Misk Account edition, reaffirming its ongoing commitment to rewarding responsible saving and empowering customers across Qatar.

Amal Hassan Al-Khulaifi and Ibrahim Khalid Al-Mohannadi were revealed as the latest winners of the QAR 1 million grand prize each, following a draw held under the supervision of representatives from the Ministry of Commerce and Industry and QIB representatives. The October draw marks the 5th millionaire announcement for 2026, with two more QAR 1 million winners still to be named throughout the year.

During this 9th edition, the Misk Account offers the largest prize pool in the country, totalling QAR 26 Million, with opportunities for 1,124 QIB customers to win. Most notably, the number of QAR 1 million grand prize winners has doubled this year to 12, with the millionaire draw now taking place every two months to announce two winners simultaneously. In addition to the grand prizes, 6 customers win QAR 50,000 each on a monthly basis, while 20 customers win QAR 10,000 each on a weekly basis.

To qualify for the QAR 1 Million Grand Prize draw, customers are required to open a Misk Account at least three months before the upcoming grand draw month and maintain a minimum monthly balance of QAR 10,000. For every additional QAR 10,000 customers earn an extra chance to win.

The prizes were received on behalf of the winners by their family members, with the son of Mrs. Amal Hassan Al-Khulaifi receiving the prize on her behalf, and a relative of Mr. Ibrahim Khalid Al-Mohannadi receiving the prize on his behalf.

Commenting on the occasion, they said: “The win came as an unexpected surprise to our families. We encourage customers to open a Misk Account and start saving for the opportunity to become one of the next Misk millionaires.”

Congratulating the winners, Mr. D. Anand, QIB’s General Manager – Personal Banking Group, said: “We are pleased to congratulate our two new millionaires of the 9th Misk Account edition. The continued excitement around the Misk Account reflects its success in encouraging customers to make saving a sustainable habit while giving them rewarding opportunities throughout the year. With twice the number of millionaires in this edition and the largest prize pool in Qatar, we remain committed to creating greater value for our customers and supporting their financial aspirations.”

Existing and new QIB customers can open a Misk Account easily through the QIB Mobile App. Upon opening the account, customers receive a free debit card, become eligible to request a free credit card (free for the first year) against their Misk Account balance, earn profits on their savings, and enjoy frequent opportunities to win cash prizes.

For more information, please visit https://www.qib.com.qa/en/personal/accounts/types/misk-account


--

About Qatar Living:

Since 2005, Qatar Living has been the trusted destination for everything Qatar. As the country's largest online community and marketplace, Qatar Living connects people with opportunities through jobs, property, vehicles, services, classifieds, events, local insights, and breaking news. Trusted by residents, newcomers, visitors, and businesses alike, Qatar Living brings Qatar together in one place.

Instagram - @qatarliving

X - @QatarLiving

Facebook - Qatar Living

YouTube - qatarlivingofficial

Up Next

Ashghal Announces New Package of Roads, Infrastructure Development Project in Izghawa, Al Thumaid

Ashghal Announces New Package of Roads, Infrastructure Development Project in Izghawa, Al Thumaid

Ashghal launches a new QAR 418 million roads and infrastructure project in Izghawa and Al Thumaid to enhance services and support urban growth.

Oct 12,2026
Qatar Airways Temporarily Suspends Flights to Riyadh and Dammam

Qatar Airways Temporarily Suspends Flights to Riyadh and Dammam

Qatar Airways suspends flights to Riyadh and Dammam due to the situation in Saudi Arabia. Check updates and flight status on their website.

Oct 12,2026
Qatar Rail Wins “Worldwide Operator of the Year” at Global Light Rail Awards 2026

Qatar Rail Wins “Worldwide Operator of the Year” at Global Light Rail Awards 2026

Qatar Rail wins Worldwide Operator of the Year at Global Light Rail Awards 2026, highlighting excellence in safety, service, and innovation.

Oct 12,2026
talabat Welcomes Moaiad Aqel as New Managing Director of Qatar to Lead Its Next Chapter of Growth

talabat Welcomes Moaiad Aqel as New Managing Director of Qatar to Lead Its Next Chapter of Growth

talabat appoints Moaiad Aqel as Managing Director of Qatar, driving growth and strengthening partnerships in the MENA region.

Oct 12,2026