Birdwatch Note Rating
2024-04-17 22:18:56 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 00255BF71AC77463F5B0E0AC2B9AB0DA3DBD9C58E2E760B26848AB907F834100
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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