Birdwatch Note Rating
2024-04-17 18:50:01 UTC - HELPFUL
Rated by Participant: 612C1BAA72AD9ED229ADF412443732CB04DE8EFB22B50DABE718956519A2D9B3
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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