Quote:Again I ask, how can it be such a good deal for lenders?  What criteria would be used to evaluate and determine risk and interest charges?  Would the default rate for a "sharia compliant" loan be an average of prevailing interest rates?  Would it be on the high end of the scale or the low end?

 

One question for you rollerjag, out of those tens of thousands of new customers, how many of them would be considered high risk?

 

That's actually five questions, but it would seem the issues you raise would be considered by lenders when they decide whether or not they will offer the type loans in question. As far as I can tell, nobody is being compelled, only encouraged.

 

Out of the general population, how many would be considered high risk? Has that kept lenders out of the lending business?

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