Due to a family tragedy, I wasn’t around for most of the day yesterday so am just really starting to get caught up on the disaster for Canadians that Budget 2024 is…and came across this:
To be very honest, I don’t know much of what the Muslim world offers through it’s practices and had openly assumed - due to grocery store sections - that this was a dietary practice.
Nope…as it turns out, if you renounce bacon and Convert to Islam, there are some pretty decent perks.
Diving into this, I came across an article that drills out what this actually was and like everything else in Budget 2024, it’s terrible for the bulk of the population of Canadians and works to force people who are already struggling with purchasing necessities to further sponsor Liberal voting communities.
According to Sharia Law, unequal exchanges or charges for borrowing (interest payments), is forbidden.
Which, if you think about it, offers absolutely ZERO benefits to lending and no practical company on the planet would exist in a lending world without it.
Assuming risk is what is what these companies are doing and in this, especially given the current state of Canada, Finances and Affordability, lenders these days are tightening up on who they’ll even want to give credit to:
Reason being…current interest rate hikes have taken people by storm.
Equifax says that Mortgage Renewals jumped in Q4 of 2023 by $457, $680 in Ontario and British Columbia - due to these rate hikes.
So…think about this.
Canadians who are Not Muslims, are losing their homes because of the increase costs of groceries, heating for their homes, gas for their cars and soaring interest rate increases, while Trudeau and the Liberals, still supported by the NDP…will look to make these homes more affordable to Muslims through Haram Mortgages that don’t allow riba - interest to be charged.
How will this happen?
It’s not really clearly spelled out but it’s not like lending institutions are going to start assuming additional risks without any rewards…meaning, either Taxes will need to be committed to paying off these interest rate payments…
OR
Additional charges will be levied against Non-Muslims by lending institutions to account for these risks.
The current state of the country is rapidly approaching hyper-inflation of 3rd world countries. The value of our dollar is plummeting…other ideas introduced throughout Budget 2024 will inevitably see more investment fleeing from Canada:
11 Million Canadians needed a Grocery Rebate in 2023;
2 Million Canadians, and growing, are hitting foodbanks Monthly;
8k Canadians are trading ideas on Facebook on how to dumpster-dive for food;
Bankruptcies and Insolvencies are at historical highs, during non-war times;
Credit Card and Mortgage delinquencies have spiked a trend greater than when the Apple iPhone was introduced;
Things are already tough enough that we don’t need to see more reckless spending…
But, don’t dare disagree with these Halal Mortgages that you’ll be sponsoring…you Islamophobe…or something.
Prayers for you and your family!
Thanks for the news.
I spoke with a guy from India who had bought a a multi million dollar house in Vancouver area, and he told me that in that community, there are private lenders who offer 100 year mortgages. This type of mortgage is often passed down through generations.
I believe there are 50 year mortgages in the USA also.
Not saying any of this is good, but maybe worth noting.
If the government starts offering faith based mortgages to non Christians only, I'll start the revolution myself.
And I do have friends of many races and religions, so not racist at all
Remember..Trudeau did not swear in on our Bible in public...he sworn in on the quar'an behind a curtain. He is also a converted Muslim. Let that sink in! Also the Muslims came right out ,over 40 years ago and told us their plans. One world order one world religion. Yes they warned us. BUT DID ANY BLEEDING HEART OR LIBERAL LISTEN ????? NO THEY DID NOT. .NOW EVERYONE CAN BEND OVER AND KISS THEIR OWN ASS GOODBYE . THINK THATS A BIASED COMMENT?? JUST WAIT. YOU WILL FIND OUT. THIS BATTLE WILL BE REAL