How about a no interest mortgage?

[Cloud Cover]

Well, here we go down the slippery slope - sharia law finance contract recognized in Ontario Criminal case.

https://torontosun.com/opinion/columnists/fatah-shariah-law-makes-a-comeback-in-ontario     

                                                                                                                               

 

[AbdullahD]

Sigh...

I have a sharia compliant mortgage :0



Currently I pay 3.75% interest, locked in for 5 year terms with RBC.

But sadly, many Muslims like the easy answers and assume, the simple answer is the right one.

I also disagree this is a slippery slope, as long as contracts follows the laws and regulations Canada demands they follow then who cares? Lets all live in peace.

Abdullah