Birdwatch Archive

Birdwatch Note Rating

2024-04-17 23:17:46 UTC - HELPFUL

Rated by Participant: AE36038B7FCB3DAF2B4515C0FB2FAFB030142FB66D759E0560F029F7361914E8
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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