Why this blog?
Until this moment I have been forced to listen while media and politicians alike have told me "what Canadians think". In all that time they never once asked.
This is just the voice of an ordinary Canadian yelling back at the radio -
"You don't speak for me."
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"Smalldeadanimals doesn't speak for the people of Saskatchewan" - Former Sask Premier Lorne Calvert
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I identify as rapey beheadee! What’s in it for me? 🙂
Halal loans are a scam. All they do is take the agreed amortization and apply market interest rates and that becomes the new sales price. Pay over time with no interest. Oh, but if you want to pay off early – no interest savings. Sales price is sales price.
In a way though, this is fair. That $50K car is going to cost you $150K. That $200k house is going to cost you $750k. At least you know that stepping into the deal and most debtors are not smart enough to figure it out.
Like anything, the deal is the deal you negotiate.
WTHF? Your country has gone quite insane!
PS … our Senate banking committee tried something quite similar that all blew up in their face in 2008 and almost took down the entire world economy
And here I thought Halal meant “kill the animal in the most brutal way imaginable”, but what do I know.
I guess it also means to kill the Canadian taxpayers with high taxes to pay for these cockamamie ideas.
Can you imagine the media coverage of this if they set up the same policy for special mortgages for Jews ?
A ‘Halal Mortgage’ means they give you a free donair to eat while they ‘process your mortgage application’ ie: launder the money through terrorist organizations in the Middle East, or Toronto (same thing).
That was my first thought. “Is this a special way of bleeding out bankers?”
is there not a moose slime admonition against charging interest?
what a grand way to solve the national debt. dont let the lender charge interest.
then it balances itself.
because Liberal.
That’s the whole point; they don’t call it interest but it is, paid as a fee for the loan or some such.
Yup. That’s how they can live in the 8th century and 22nd century at the same time. By lawyering weasel-word side-steps of the 8th century laws that they don’t like.
(see also “don’t murder”, “don’t lie”, “don’t covet”.)
Sharia compliance. Just the beginning.
Sorry to say, but halal financing has been taking place in Canada for a while. Trudeau is only bragging about it to get Muslim votes.
The Mennonite communities of Canada, the Ukrainian communities of Canada, etc etc etc, have been waiting for just this very kind of targeted program to help them settle and develop the western provinces.‍♂️
Hi! Is my handout ready?
Great Name! The FILTHY Child Rapist Depraved Maniac Mohammed or MUhammed would be proud!
Kind of like Halal doctoring. “Kill two queers and call me in the morning.”
Diverse muslim communities this means. Nothing spells diverse like muslim because tolerance is its followers’ watchword. Chritianity of course is not diverse, no special treatment for you.
So much for the separation of “church” and state.
ahah!!! see? the founding fathers (floundering fodders?) didnt say MOSQUE and state
They charge a “fee” called the “Profit Rate” which looks to be about 9.25%, plus an Administration fee.
For a $1,000,000 mortgage, on a 5 year term, you are looking at $20,000 for the admin fee and $8,444 a month payment. For comparison, a haram Mortgage from the infidel, will only run you about $6k a month.
Vibrant is the new Rioting.
Vancouver and Toronto banks have had these mortgage arrangements for decades.
Bullshit
Not complete BS, rude Rex – do your homework!!!! The 5 big banks do not have them, but this started with financial near-bank companies.
This is also referred to as “Abrahamic Finance”. Maybe you have to go through some form of test or swear on the Koran affirming you’re a follower of the pedophile prophet before your loan application is approved. How would the loans officer react if I were to ask for a loan for a new hog barn or liquor store? So many questions! If my loan were refused because I’m a dirty, bacon eating, drunk infidel, could I not launch a grievance with the human rights tribunal?
Can anyone give me the Coles notes version of what exactly a “Halal mortgage” is?
Talk to me like I’m 8
Interest bad. Can’t charge or pay interest because Allah says so.
User fee OK.
If user fee equals interest charge but is not interest charge, Allah won’t notice.
(Questions about whether this means those involved think Allah is dumb will be referred to the headsman.)
One does not pay interest; one pays user fees and pay-back costs for a shared loan.
Some shared home ownership plans are considered acceptable under Sharia law because one does not pay interest, per se. Instead, a private agent/financial institution purchases a property on your behalf, which you then buy from them, over time, through instalments, sort-of like rent-to-own purchases.
This is my understanding. These arrangements are a bit more expensive, which is why Trudeau is going vote-buying, using our big 5 banks.
New this year in Ottawa: “The Ottawa Islamic Soccer League”.
https://ottawaisl.ca/
Thinking of starting the “Ottawa Christina Soccer League” in response? You can, but you will be arrested or fire-bombed, or both.
Sorry for the typo. No offence intended to all the Christinas out there who might want to start their own soccer league. My post should have been “Ottawa CHRISTIAN Soccer League”.
Whatever happened to the old admonition, “When in Rome, do as the Romans do.”
And if you find that objectionable, we have some lions craving action, as well as some fans in the stands.
“In an email exchange, Prof. Hudson detailed he’s now essentially “spilling the beans” about how, “50 years ago when I worked at the Hudson Institute with Herman Kahn [the model for Stanley Kubrick’s Dr. Strangelove], Israeli Mossad members were being trained, including Uzi Arad. I made two international trips with him, and he outlined to me pretty much what has happened today. He became head of Mossad and is now Netanhayu’s advisor.””
https://strategic-culture.su/news/2024/04/15/the-gaza-genocide-as-explicit-policy-michael-hudson-names-all-names/
This has what do to with the topic at hand?
Oh, I see, you’re trying to point out how bad at genocide the people of Israel (of all religions) are, because everyone you trust knows Israel is committing a genocide but the population in Gaza, year-over-year, keeps going up. They just can’t genocide correctly, can they? In fact, they’re incompetent at everything except making smart people like you look like fools, aren’t they?
Yeah this article is bunk. Sorry. To address just 2 of his stupid assertions (oh and his use of Final Solution is clearly antisemitic but what else would you expect from someone who knows as little as he does?) Gazans are not being genocided, but if they are, how come so many of them are still alive? Darfur got genocided a whole lot more effectively.
Israel’s explicit policy is to warn, move population to avoid their being used as human shields, then go for the terrorists. Way way way more ethical than any other army, no other warns it’s enemy before it attacks.
Fully agreed about your ethics comments. One of the best examples of forgotten ethical military history are the leaflet campaigns that targeted over 20 Japanese cities in WWII. “There is a military base here. We may destroy that base in the near future. Flee while you can.” Hiroshima and Nagasaki were two of the cities that received the leaflets (delivered by bomber air-drops).
You don’t pay interest.
You baksheesh.
The slippery slope.
Next is Shariah law for local matters such a community policing (like the Taliban), and marriage (4 wives for all men), and throwing homosexuals off of roofs.