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No legal hurdles to Islamic financing, mortgages in Canada, says CMHC report

Posted on 27 January 2010

From Canadian Press: Most forms of Islamic financing, including Shariah-compliant mortgages, would pose no legal hurdles if widely offered in Canada, concludes a CMHC report expected Wednesday.

The 88-page Canada Mortgage and Housing Corp. study notes that Islamic funding instruments are widely available throughout the world, but even in Muslim countries, often comprise a minority share……………………………….Full Article: Source

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