Briefs: Halal mortgages
Finance minister Gerrit Zalm is not in favour of changing the law to allow mortgage tax relief on so-called halal mortgages, says the Volkskrant. The interest paid on mortgages in Holland is still fully tax-deductible, but under Islamic law, levying interest on loans is not allowed. Local councillors in The Hague had asked the minister to look at ways to stimulate Muslims to buy their own homes.
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