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Federal government to begin exploring ‘halal mortgages’ (kitchener.citynews.ca)

posted 221 days ago by brain_dead 221 days ago by brain_dead +28 / -0

Federal government to begin exploring 'halal mortgages'

The federal government says it plans to explore new measures to expand access to "alternative financing products, like halal mortgages.”

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– SBDAmerican 5 points 221 days ago +5 / -0

So, "interest" is bad. "Fees" are perfectly fine. Got it. What's unsaid is that this move conveniently allows the government and others to sidestep of any law related to the charging of "interest" since "interest" is no longer being charged . What could go wrong? Wake up people.

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– brain_dead [S] 3 points 221 days ago +3 / -0

Of course. That's why I posted this.

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– PandaMoon17 2 points 221 days ago +2 / -0

Sign me up!

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– brain_dead [S] 1 point 221 days ago +1 / -0

You in CA? I sure don't want to be there.

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