Birdwatch Note Rating
2024-04-18 19:10:25 UTC - HELPFUL
Rated by Participant: B3841BE9D4C156065864F2F45E995F1DFCB3007F9AC380C252CBE0411209527E
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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