[Liz]

Canada’s ‘Halal Mortgage’ allows adherence to Muslim religious beliefs when purchasing homes:
<><>prohibits the payment or receipt of interest (riba).
<><>the mortgage operates on a ‘rent-to-own’ model,
<><>the bank purchases the property
<><>then sells it back to the homeowner at a higher price, paid in installments.
<><>could include changes in the tax treatment of these products
<><>or a new regulatory sandbox for financial service providers.
<><>Halal Mortgages are already offered by some Canadian financial institutions,
<><>though none of the big five banks offer them.

---

The Islamic faith considers the charging of interest to be a form of usury, and considers gains made through interest to be unjust.

Other Abrahamic faiths – like Judaism & Christianity – also consider usury to be a sin. However, financial institutions operating in the Islamic world are unique in offering mortgage and lending products that avoid conventional interest payments.

[fhayek]

The Islamic faith considers the charging of interest to be a form of usury, and considers gains made through interest to be unjust.

I see that Saudi Arabia holds about $128 billion in U.S. Treasuries. Maybe it's unjust, but they seem to have gotten over it...

[A strike]

“Other Abrahamic faiths - like Judaism and Christianiy - also consider usury a sin.”

Not true.
Jews were prohibited from charging interest only to other Jews.
Christianity had no restriction.