5
votes
0answers
50 views

Do the laws of Ribis apply to loans of virtual currency?

If a Jew lends a player in a multiplayer online game money, and he knows without a doubt that that player is Jewish, does the prohibition of ribis apply? (After all, the only thing that changed was a ...
6
votes
1answer
94 views

Lending Money and Inflation

When lending money, Jews are not allowed to charge other Jews interest. However, due to inflation, the value of money decreases with time, such that the money that is repaid is worth less than that ...
3
votes
1answer
74 views

Is there a prohibition of paying interest misafek (doubt)?

Reuvain borrowed money from Shimon, and both are unsure if it was ever payed back. Now, of course Shimon can't claim any money from Reuvain, but if Reuvain wants to pay him back out of doubt, should ...
8
votes
1answer
104 views

Am I allowed to get miles or points for a loan?

Suppose me and my good friend Shimon are in a store shopping. Shimon wants to borrow $100 from me for his purchase. I graciously agree, but instead of giving Shimon cash, I swipe my credit card for ...
0
votes
0answers
22 views

Borrowing in a foreign currency [duplicate]

If someone borrows money from a friend, and later reimburses him using a different country's money, how can he make sure there are no halahik complications, such as making interest? Based on what rate ...
3
votes
1answer
107 views

Is requesting early payment on a loan considered a (prohibited) form of interest?

Can a Jewish-owned business that extends interest-free house account/credit, billable on a monthly basis (as per signed agreement), demand early payment? Would this be considered taking interest, as ...
3
votes
0answers
52 views

Time-limited promotional giveaways for some, fees for everyone later

If someone provides a discount for early payment, and raises the price for others, there is reason to consider this a form of forbidden usury. What if someone is giving away a gift to some as a ...
1
vote
0answers
73 views

Loan in exchange for keeping shabbos, ribis?

The Father (not frum) of a Baal Teshuva asked his son for a loan. The son agreed to give his Father the loan on condition that he starts to keep Shabbos. Is this a problem of ribis?
7
votes
1answer
178 views

Transfer of loan / mortgage from non-Jew to Jew

What happens if a Jew borrows money on interest from a non-Jew, and then the lender turns around and sells the debt to a Jew? (Such transactions are very common in the mortgage industry.) Is it ...
4
votes
2answers
135 views

Can donating to a Gemach be ribbis?

Suppose that Reuven is strapped for cash. He goes to the local Gemach and gets a hefty $10,000 dollar loan for his daughter's wedding. 3 months later, Reuven manages to acquire the money and repays ...
4
votes
2answers
301 views

How is a heter iska made to work with a non-business loan?

I understand that a heter iska is basically a method of restructuring a loan as an investment, done in such a way that the lender/investor is more-or-less guaranteed to get his capital back, plus a ...
7
votes
2answers
190 views

Are late or overdue fees Ribbis?

If I take out a library book, and they charge me $.10 per each additional day extra. Or if I owe money on a bill, and they charge me a $10 late fee for being overdue. Are these a case of Ribbis? Or ...
10
votes
2answers
178 views

ribis and foreign currency conversion

I am afraid that I have only recently started to study this kind of thing and I completely unlearned compared to most of the contributors here, so I apologize if my question is somewhat ...
4
votes
1answer
87 views

Compromising a Doubtful Loan and Ribbis

First let's get the case: Reuven lends $100 to Shimon to be paid back in a year. There is no record of the amount of the loan. And then, one month later, one of the following happen: Shimon ...