Birdwatch Note Rating
2024-04-17 22:25:00 UTC - HELPFUL
Rated by Participant: 21DE9316E9D7D8ED7C30986A8745293F78F1212FE9D0827E15454902930B4E62
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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