Bullboard - Stock Discussion Forum Canadian Banc Corp T.BK

Alternate Symbol(s): CNDCF | T.BK.P.A

The Companys investment objectives are (i) to provide holders of Preferred Shares with cumulative preferential floating rate monthly cash dividends at a rate per annum equal to the Prime Rate plus 0.75%, with a minimum annual rate of 5.0% and a maximum annual rate of 7.0% (ii) to provide holders of Class A Shares with regular floating rate monthly cash distributions targeted to be at a rate per... see more

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Canadian Banc Corp > Halal mortgages

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Post by deisman03 on Apr 25, 2024 4:30pm

Halal mortgages

You're wrong again, as for your family not being Muslim, what has that got to do with anything?

Halal mortgages come in three separate types. You should look it up.

They are much more risky and not a great way for financial institutions to make money.

GLTA the good folks here.

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Comment by flamingogold on Apr 25, 2024 6:37pm

"as for your family not being Muslim, what has that got to do with anything?". Well, you missed my point. It was a disclaimer, I have no bias about the matter. Regardless, our opinions differ, that's fine. That's what makes a market.

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Comment by deisman03 on Apr 25, 2024 7:51pm

I fully agree, but to be honest, disclaimers smack of other things. I'm not dissing you. In today's WOKE society, we are constantly clarifying our positions. I never doubted you had an ulterior motive in any way. GLTA the good folks here.

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Canadian Banc Corp