NBO Muzn Islamic has announced the launch of a new Shari’ah-compliant home financing solution tailored specifically for self-employed individuals, small business owners, and freelancers across the Sultanate.
The offering is designed to provide flexibility and financial peace of mind, featuring a competitive profit rate and a financing tenure of up to 25 years. The new solution aims to address the unique needs of non-salaried customers, offering them an inclusive path to home ownership.
In addition to a quick and seamless approval process, eligible customers can benefit from convenient repayment options, including cheque payments, making the financing solution both accessible and user-friendly.
According to the reports, this initiative reflects NBO Muzn Islamic Banking’s continued commitment to providing ethical, Shari’ah-compliant financial products that cater to the evolving needs of all customer segments in Oman.
Commenting on the offer, Salima Obaid Issa Al Marzoqi, Assistant General Manager and Chief Islamic Banking Officer at NBO, said that, ” At Muzn Islamic Banking, we believe that home ownership should be available and accessible for all hardworking individuals, regardless of their employment status.”
“Therefore, we are committed to offering inclusive financial solutions that cater to real needs. By supporting self-employed customers, we are not only addressing an underserved segment but we are also reinforcing our role as a partner in their long-term financial journey,” Al Marzoqi added.
As per the statement, “This offering reflects NBO Muzn Islamic Banking’s broader strategy to raise awareness and position itself as a supportive Islamic banking partner that understands and adapts to the evolving needs of the community.”
