Birdwatch Note Rating
2024-04-17 18:34:08 UTC - HELPFUL
Rated by Participant: 31C7909A7104E3004F013E548BCF3A5D6B46F2B303AA64D16652C4A37C7C59CE
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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