India, April 18 -- Justin Trudeau's government announcement that its considering introducing Halal mortgages as an alternative financing option for the Muslim community has triggered fierce debates across Canada.

The revelation came during the recent federal budget speech, where the Liberal government unveiled plans to consult with financial service providers and various communities to better understand the diverse needs of Canadians seeking homeownership.

The Canada Budget 2024 document states, "This could include changes in the tax treatment of these products or a new regulatory sandbox for financial service providers, while ensuring adequate consumer protections are in place."

The concept of Halal mortgages, which comply with Islami...