Salim has been dreaming about building his own house after getting employed. He has been employed in a small private company for the last 2 years and earning a salary of OMR 395 per month. He wants to now build his dream house on a plot that he has got in Al Ansab. He has approached an engineering consultant for building this house, who has given him an estimation for OMR 75,000 for this house. Salim has got savings of OMR 10,000 in his bank account and has no other income other than his salary. Salim has approached for your guidance on the most suitable option to raise the needed finance for building this house. Although there are various housing loan schemes from different banks, he is keener on getting a loan from Oman Housing Bank.

You are required to give more information to Salim on the following:

a) Why Oman Housing Bank is more suitable for Salims financing needs? How is this bank different from other commercial banks in its operations? (200 words minimum/