Birdwatch Archive

Birdwatch Note Rating

2024-10-19 02:12:02 UTC - NOT_HELPFUL

Rated by Participant: B10505E58B3227D3ABF295154F5116922808D162603687DB9B865927130A13B1
Participant Details

Original Note:

Under Sharia Law, interest payments are haram. To get around this, instead of making interest payments a declining balance shared equity or lease-to-own system is used. The cash flows are the same as if interest was being paid. https://www.investopedia.com/articles/07/islamic_investing.asp

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All Information

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