Birdwatch Note Rating
2024-04-18 01:58:36 UTC - HELPFUL
Rated by Participant: 936E65D4883A1AFCF0AD8E499FED53038558E945618001DA695E34BE08A2276D
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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