HomeLoansProposed 'Halal Mortgages' in Canada Would Benefit Only Muslims?

Proposed ‘Halal Mortgages’ in Canada Would Benefit Only Muslims?

Claim:

Justin Trudeau’s government in Canada is introducing “halal mortgages” in 2024 to benefit only Muslims.

Rating:

What’s True

Halal mortgages offered by alternative financial institutions have existed in Canada since 2021. Trudeau and his minister of finance announced in 2024 they would explore them as part of the federal budget.

What’s False

There is no language in Canada’s 2024 federal budget stating that such a financial option would be available only to Muslim…

Read more at www.snopes.com

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