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Questions tagged [lending-interest-ribbis]

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

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Is it forbidden to buy stock of an American bank? [duplicate]

Is it forbidden to buy stock of an American bank? The reason I ask is given the number of Jews in the USA, it seems unlikely that the bank wouldn't lend money with interest to Jews. What is the ...
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Is one allowed to short sell stock?

Short selling stock involves borrowing the shares for a fee. Would doing so contravene Devarim 23:20 which prohibits borrowing with interest (assume the Jewishness of all parties involved is such to ...
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Does Ribbis apply to services?

When one lends someone money they many not charge them interest. When one lends someone an item the item returned has to be identical or else it may be Ribbis. Suppose you have a carpool with a ...
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Is sharing a biweekly salary with a coworker in return for the same considered ribbis?

The Remah in Yoreh Deah 160:9 (יורה דעה סימן קס סעיף ט) writes: וְאִם אֶחָד מַלְוֶה מָעוֹת לַחֲבֵרוֹ עַל זְמַן מָה כְּדֵי שֶׁיַּחֲזֹר וְיַלְוֵהוּ פַּעַם אַחֶרֶת כַּזְּמַן הָרִאשׁוֹן, יֵשׁ אוֹמְרִים ...
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Why is the borrower teaching the lender, when he would not have done so otherwise, only ribbis devarim?

The Gemarah Baba Metzia 75b staes: תניא ר"ש בן יוחי אומר מנין לנושה בחבירו מנה ואינו רגיל להקדים לו שלום שאסור להקדים לו שלום ת"ל (דברים כג, כ) נשך כל דבר אשר ישך אפילו דיבור אסור It is ...
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May a seller offer a reward on a sale, which he explicitly limits only to cash (not credit) sales?

It is forbidden to explicitly set two tiered pricing for sales, A lower price for cash payment & a higher price for credit (delayed) payment. The additional payment for credit is considered ribbis ...
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Ribbis concern regarding bonus on sales

RIBBIS QUESTION: In a travel agents' office, where the pay is based on a base + commission + bonus system, and a bonus is given to any agent who sells more than a certain weekly sales quota, may an ...
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May I name my child after someone who lent me money, if I did not repay the loan yet?

If I borrowed money from someone, and he died before I paid him back, (in a situation where I now owe the debt to the children of the deceased lender), may I name my child after him, or, since not ...
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If one borrowed 4 eggs from a neighbor, and found a bloodspot in one of them: Must/may he return 4 eggs or 3 eggs?

If one borrowed 4 eggs from a neighbor, and found a bloodspot in one of them: 1- Must/may he return 4 eggs or 3 eggs? 2- If he returns 4 clean eggs, wouldn't this be an issue of Ribbis, since he is ...
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Is there a ריבית problem with inviting a friend for a meal by saying “I owe you a meal invitation, so please come over to eat by me today”?

The רמ"א in שולחן ערוך אור"ח סימן קע סעף יג says: לא יאמר אדם לחבירו בא ואכול עמי מה שהאכלתני דהוי כפורע לו חובו ונראה כאלו הלוה לו ויש לחוש שיאכילהו יותר ואית ביה משום רבית: One should not say to ...
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Would replacing a borrowed used towel with a new one be considered ribbis?

Suppose someone was a guest at someone else's house, and he spilled something (stain causing) on the floor of his host's house, and he borrowed a towel telling the host that he will use it to wipe up ...
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If lending a Goy money on the condition that he converts to Judaism, considered receiving ribbis (interest) from a goy or from a Jew?

If someone tells a non Jew I will lend you money on the condition that you convert to Judaism, (and the lender derives personal benefit from the conversion itself), Would this be considered receiving ...
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Question of Ribbis (interest) with personal use of employer's gasoline and reimbursement using his own credit card

Someone travels to work out of town with his own car. He received a credit card from his employer to pay for the gas for the trip to and from the workplace and his home. The employer does not mind if ...
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May a Jewish bus company Pre- sell tickets for a trip to Meron at a discounted price?

May a Jewish bus company offer to sell tickets for a trip to Meron on Lag Baomer before Lag Baomer at a cheaper price than they sell the tickets for on Lag Baomer itself? Is this a problem of ribbis ...
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Why isn't purchasing a raffle or lottery ticket considered “PSIKA” (as per Hilchos Ribbis)

The prohibition of "PSIKA" forbids paying for a purchase in advance of receiving the item purchased if the seller will not charge the buyer more in the case of a price increase at the time of receipt ...
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Why is it not ribis to offer a volume discount?

Exactly why is it not ribit to charge disproportionately more for a single item than for each unit in a bulk purchase? Of course, I'm talking about Jews' selling to each other. People have requested ...
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Why are the halachot of Ribit (interest) in Yoreh Deah

The halachot of ריבית seem to be a monetary issue having to do with borrowing, lending, and general business issues. As such it seems like they should be in חושן משפט, but they're not - they're in ...
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Reason for prohibition of charging interest [duplicate]

The Torah says that charging interest on a loan to a Jew is prohibited, but to an idol worshipper it is permitted. My question is why? I can think of three possible answers: 1) There is a time value ...
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1answer
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Are royalties as investment considered ribis (interest)?

Reuven offers Shimon 1 million dollars and in return REuven gets a 15% royalty and 10% ownership in the company. Situation a: Reuven receives the royalty until he has earned 2 million dollars then ...
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1answer
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Ribbis to give back good onions for bad ones?

If one borrowed 7 onions from a neighbor, and when getting home he realizes that 3 of them were bad (bad enough that they're not worth anything). Is he allowed to give back 7 good onions? Would that ...
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Ribbis and Ona'ah in Monopoly

In a game like Monopoly, where the "money" is absolutely worthless, would charging ribbis (interest) or ona'ah (overcharging/undercharging) be permissible? That is, if a player owned, say, ...
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Repaying a loan and processing fees

Here's the (hypothetical, of course) scenario: Reuven borrows $20 from Shimon. The easiest way for Reuven to pay back the money would be to send it through one of those new-fangled fancy electronic ...
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1answer
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May a wife pay the interest on a husband's loan? What if she's not Jewish?

Reuven does some work for Shimon who has 3 wives (explained later). The bank refuses to cash the check so Reuven goes back to Shimon for alternate payment. Shimon insists on paying extra on account of ...
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Merchant Cash Advances?

I've heard recently of a relatively new practice of small business loans called Merchant Cash Advances. Wikipedia explains how it works here and goes through some of the legalese to demonstrate the ...
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1answer
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Ribbis offsetting a default

Suppose a Jew charges and receives interest from a Jew, only finding out that the other party is Jewish after. He should refuse the interest. BUT he knows that the debtor has defaulted on a debt to ...
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Forbidden business practices in games

Charging interest or surplussage on real loans to a fellow Jew is forbidden but may one do so with in-game play money or with in-game commodities?
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1answer
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Would an Islamic Bank Account be preferable to a Jew?

Islamic bank accounts do not involve interest or fees for loans of money and prevents the bank from investing your money in various questionable businesses, like the pork and sex industries. Would it ...
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Receiving interest from a convert

Is it permissible to receive interest on a loan made to a convert if the loan agreement was made before the conversion and repaid after?
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Ribbis (interest) in Judaism

I'm writing something about usury and want to mention Judaism's point of view on it. I've got two questions: Giving out loans with interest only to non-Jews has been so from the beginning, or is this ...
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1answer
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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 ...
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1answer
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Pawnshop Interest in Halacha

Suppose a Jewish fellow needs a loan of $50,000 and has been declined by the bank due to his credit record. The local Gemach can not lend such a large sum so he decides to give his expensive car as ...
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1answer
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Ribbis exception for non-observant Jew

Shulchan Aruch Yore Deah 159:2 permits charging ribbis (interest) from a non-observant Jew (i.e one who is completely removed from the Jewish people). Although such a Jew has the status of a Jew in ...
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Is there Ribis in America?

Rav Moshe Feinstein, z"l, is lenient with regard to allowing the loaning of money to a corporation because he maintains that the prohibition of ribis (usury) only applies where there is a shibud haguf ...
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Objective reasoning beyond feelings [closed]

I was learning recently Tosefos in Avodah Zarah and I came to the statement from Kidushin (20a) ניזבין אינש ברתיה ולא ניזיף בריביתא. מאי טעמא? ברתיה מגרעא ונפקא, והא מוספא ואזלא A person ...
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1answer
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When is Fixed Interest Allowed?

It says in an article at VBM Torah: It should be remembered that Halakha makes explicit mention of particular bodies to whom it is permissible to lend at interest (e.g., the community) So what ...
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Is investing problematic?

Are there any issues involved in investing in stocks or other mediums owned by a Jewish company? I am referring to ribit (interest).
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Are there Ribbis implications in this transaction and what are they?

Reuven wants to lend Shimmon money backed by a piece of real estate that belongs to Shimmon. Instead of lending money, they make a deal that Reuven will purchase the real estate for the amount of ...
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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 ...
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What defines a loan and interest?

What specifically is it that defines a loan ( as opposed to an investment / partnership ) and interest ( as opposed to profit ) under Jewish law? This is what I've come up with: Regarding an ...
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1answer
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Is it usury to give a lender more than you borrowed on a Shemittah-cancelled loan?

Let's say that, prior to Shemitah, Reuven borrowed a bottle of milk from Shim'on, it had already been opened and partially consumed. For whatever reason, Reuven was unable to return the milk, and ...
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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 ...
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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 ...
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How was the market price established in the time of the gemoro?

Rambam - Malveh veLoveh - Chapter 9 paskens א. אין פוסקין על הפירות עד שיצא השער An order for produce cannot be placed until a market price has been established. according to the mishnah in ...
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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 ...
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1answer
224 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 ...
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replacing a used borrowed item which broke with a new item which is more valuable

If a person borrowed an item from a neighbor (such as a plastic chair) and the item broke due to negligence by the borrower. Can the borrower purchase a new identical item and give that back to the ...
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1answer
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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 ...
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1answer
116 views

Not paying interest

Suppose someone asks his friend for a loan and he says "sure, no problem, but there is interest that comes along with that". Later, the borrower repays just the principal and says "the Torah forbids ...
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1answer
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How does Beis Din handle loans with interest?

If a borrower and a lender go to Beis Din with a loan document that stipulates interest, but the borrower claims he can at least collect the principle, how does Beis Din look at that? Do they ...
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Can the promise to repay through a credit card be considered a guarantee for a loan to a Gemach?

Money Gemachs typically insist on at least one guarantor before they make a loan. Someone needing a loan, suggests to the Gemach that his guarantor will be his credit card. He is using the Gemach to ...