Birdwatch Note Rating
2024-04-17 23:29:38 UTC - HELPFUL
Rated by Participant: C6E0470E6115CB8D503347D76C400AE2226C3619C9519811525A5D88E3E81BAF
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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