Birdwatch Note Rating
2024-04-18 07:00:19 UTC - HELPFUL
Rated by Participant: 2E5679D2BE99235A82BF31AA861ADC9A80170A65BA460702FE65DA7B0E1A4943
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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