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As part of the 2024 federal budget released last week, Ottawa said it is 'exploring new measures to expand access to alternative financing products, like halal mortgages.'
Proposal for 'halal mortgages' in federal budget aims to address financial needs of Canadian Muslims, as Justin Trudeau plans to build 3.9 million homes by 2031
Justin Trudeau is set to introduce 'halal mortgages' in a bid to help Canadian Muslims onto the property market.
While the Canadian government is exploring new forms of federal financing to increase home ownership, halal mortgages have not been legislated.
Trudeau government's decision to explore the idea of halal mortgages in public banks have angered many. | World News