Tag: Justin Trudeau

By Muslim Mirror Staff The Canadian government is exploring options to broaden access to financing alternatives, including halal mortgages. This initiative is part of Prime Minister Justin Trudeau's efforts to support Canadians aspiring to become homeowners, with a particular focus on the Muslim community. The 'Halal Mortgage' is a significant step towards ensuring that Muslims in Canada can adhere to their religious beliefs while purchasing homes. It is designed to comply with Islamic law, which prohibits the payment or receipt of interest (riba). Instead, the mortgage operates on a 'rent-to-own' model,...