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How To Get A Halal Mortgage In Canada: An Interest-Free Mortgage Guide

A halal mortgage, often called an Islamic or Sharia-compliant mortgage, is designed to comply with Islamic law. The primary principle of Islamic finance is the prohibition of riba or interest.

As interest in Islamic financial products grows, many Canadians seek alternatives that align with their faith. A halal mortgage in Canada offers a solution for those adhering to Islamic principles, prohibiting the payment or receipt of interest. This guide explores the fundamentals of halal mortgages and how they differ from conventional loans. It also provides […]