New answers tagged lending-interest-ribbis
While doing research for my question here, I found Beis Din of America's Iska agreement. Here it is: SHTAR ISKO Agreement Concerning Interest on Loans Introduction Jewish Religious Law strictly prohibits the paying or receiving of interest on loans made between Jews. However, when monies are advanced in the course of a business ...
there's one here The first page is the document, and the 2nd page are the halachos pertaining to hetter iska.
From: THE PROHIBITION OF RIBBIT IN THE MODERN WORLD WHAT IS THE HETER ISKA? Halakha makes use of "evasions" of the law in various different realms. The idea of the heter iska arose already in the seventeenth century, and expanded to enormous proportions over the last hundred years, despite its inherent halakhic difficulties. How does heter iska ...
Top 50 recent answers are included