Banks & Banking

Interest-free, but not without charges: Islamic mortgages hit the Canadian housing market Financial products are being adapted to match the unique needs of many Muslims

(CBC) For Abdullah Mohiuddin, getting into the housing market involves more than just locating the right home for the right price. Like many other Muslims, Mohiuddin’s religious beliefs include restrictions on paying and receiving interest. Given that a typical Canadian mortgage includes interest […]

Government & Politics

Disused cruise ships could house asylum seekers — as government due to spend £2.3bn a year on hotels The home secretary told peers at a committee there are 117,000 people in the UK's asylum system, with 40,000 in hotels, which is costing more than £5m a day.

(Sky News) Disused cruise ships could be used to house asylum seekers — while the government expects to spend £3.5bn on people who have come to the UK to find sanctuary from persecution this fiscal year, the home secretary has said. Suella […]