The prohibition on lending or borrowing at interest. Also known as usury.

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11
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2answers
229 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 ...
7
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1answer
789 views

Why does the Torah forbid interest only on loans to Jews?

Why aren't we allowed to charge a Jew interest but we're allowed to charge a non-Jew?
7
votes
1answer
104 views

Corporations, Jewish Shareholders and Interest

How many Jewish shareholders does a corporation or bank have to have in order for the prohibitions on lending or borrowing at interest to apply? Is one Jewish shareholder sufficient, or does it ...
5
votes
2answers
235 views

An actual Heter Iska Agreement

Can anyone provide a copy of an actual heter iska agreement used for example by a bank in Israel for purposes of business loans or mortgages? I don't mean a haskama that such and such bank operates ...
9
votes
1answer
89 views

How do you pay a debt (not a loan) in a different currency?

Shimon, in Eretz Yisrael, makes a purchase on behalf of Reuven, in the diaspora. For Reuven the cost of paying in shekels would be quite high, but Shimon can receive the payment in another currency ...
7
votes
1answer
311 views

How do Interest Loans work in Israel?

From my understanding, banks in Israel still issue loans at an interest whether it be for commercial businesses or new home owners. However, I was also told that they have a process in Israel where ...
7
votes
1answer
123 views

Are magazine subscriptions ribbis?

There are many Jewish weekly or monthly publications (e.g. magazines) that offer the following deal: Individual copies of the magazine are priced at say, $5 each. But, if you "subscribe" by paying in ...
6
votes
1answer
128 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 ...
5
votes
2answers
451 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 ...
4
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1answer
108 views

If magazine subscriptions are ribbis, are bus tokens, postage stamps, and other pay-in-advance items also ribbis?

This answer to another ribbis question indicates that deals of the form "subscribe and save X% over news-stand prices" are ribbis and thus forbidden. Does this principle apply to other items you pay ...
3
votes
1answer
552 views

Are you allowed to borrow money from another Jew with interest?

So ... I understand you're not allowed to lend money to another Jew with interest, I won't get into the question of why. Does this mean you're also not allowed to accept money from another Jew, where ...