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Iskan Programme

Oman Housing Bank have partnered up Bank Nizwa to provide their customers with Sharia Compliant Home finance. The 'Iskan' initiative is crafted to provide subsidized housing finance to eligible citizens, aiming to reduce lengthy waiting periods and ensure easy access to favorable financing options. This program employs an innovative and adaptable electronic platform, expediting transactions for enhanced efficiency. It allows users to access the process conveniently through their mobile devices or computers, anytime and anywhere.

Eligibility Criteria for Obtaining Financing

  • The applicant must be an Omani national and married.
  • The applicant should have a stable and consistent monthly income for regular repayment of installments.
  • The applicant should not own a house in the Sultanate.
  • The applicant, as well as their spouse, must not be recipients of the social housing system or any government-supported housing scheme. Additionally, they should neither be beneficiaries nor eligible for subsidized housing finance or subsidized housing grants from their place of employment .

What can be financed?

  • Ready property
  • Under construction property
  • Construction property on land owned by client
  • Financing Land & construction property

Home Finance KFS

Frequently Asked Questions

For more information call 24950500 or visit any of our conveniently located branches.

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