Birdwatch Note Rating
2024-04-17 20:28:35 UTC - HELPFUL
Rated by Participant: 1465C6FB8D48DA7C74C905740811CF23334FDFE8DCDB90DC30A5C595B4234CF4
Participant Details
Original Note:
“Halal” mortgages also charge interest but refer to interest rate as “profit rate” and are usually more expensive than conventional mortgages. Many Islamic scholars also believe that there is no such thing as a “halal” mortgage and the term is misleading. https://www.nerdwallet.com/ca/mortgages/what-is-a-halal-mortgage
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