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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 muttar to buy an Israel bond?

Israel sells bonds. Put simply: Is buying such a bond - and receiving interest on it - an issur of ribbis, or lifnei iver for ribbis?
Yehuda's user avatar
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2 votes
1 answer
125 views

May synagogues issue interest bearing bonds

According to Halacha, is it permissible for synagogues to issue interest bearing bonds and sell it to its members to raise money or no? Would this be prohibited as ribbit, or since the synagogue and ...
Kirk's user avatar
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5 votes
2 answers
177 views

Metrobank and Ribbis

Now that Metrobank (a bank in the UK) has been purchased by Gilinski, a Jew and no Heter Iska has been arranged - has there been any discussions about what those with mortgages/savings etc. should do? ...
Moz's user avatar
  • 1,152
2 votes
1 answer
89 views

Stocks of mostly gentile owned banks with mostly gentile clients

In Halacha, it is prohibited for Jews to give their money to gentiles to lend at interest to other Jews (Tosefta Bava Metzia 5:8). However, if a majority gentile-owned bank has a majority gentile ...
Kirk's user avatar
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3 votes
1 answer
66 views

Can I charge for loss of interest?

If I incur some transaction fee for giving a loan and pass it on to the borrower, I don't think it would be ribbis[citation needed] because it's not time-based and I don't gain from it. But what if I'...
shmosel's user avatar
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3 votes
1 answer
121 views

Is carried interest ribbit

In Halacha, is carried interest prohibited as ribbit? For instance say Jew 1 owns an investment management fund, and Jew 2 goes to him, pays for the value of the profit from the stock trading and in ...
Kirk's user avatar
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1 vote
1 answer
80 views

Is it kosher to invest in cToken loans if it might lead to Jews paying interest?

Certain advancements in the cryptocurrency ecosystem are revolutionising financial mechanisms, which no longer fit the traditional paradigms we have been used to (let alone the Sages before us). One ...
rudolfovic's user avatar
4 votes
2 answers
1k views

Is it forbidden to give a bribe? If not, why?

The Torah clearly prohibits taking a bribe. What about giving it? Why is the prohibition specific about taking? To put it stronger: regarding interest, it is made very clear that both the action of ...
Binyomin's user avatar
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2 votes
1 answer
111 views

Inflation vs not lending at interest

I asked a question about the possible contradiction between not being allowed to charge interest on a loan and the reality of inflation. I am not sure I fully understand the answers and comments, so ...
Maurice Mizrahi's user avatar
5 votes
1 answer
137 views

Is writing off part of a loan considered ribit?

Let's say Reuven lends Shimon $100 for 30 days. He then comes to Shimon on day 20 and says, "I need money urgently, if you pay me $90 now then I'll write off the rest of the loan". Would ...
Josh Friedlander's user avatar
2 votes
2 answers
176 views

Do we charge noahides interest?

BH It's known that while charging interest is forbidden to a fellow yid, regarding a nachri, it's a requirement Does the same apply to a noahide? Maybe the reason is only because the nachri worships ...
B''H Bi'ezras -- Boruch Hashem's user avatar
1 vote
0 answers
67 views

Paying interest

Clearly, one is not permitted to charge interest on a money loan. However, I believe there is no problem paying interest according to a previous agreement if the lender is not a Jewish person. And ...
William Berson's user avatar
0 votes
1 answer
262 views

What role did the Jews play in the Medieval money system (pre-banking, merchants, etc.)? [closed]

I just read here: In the middle of the 13th century, groups of Italian Christians, particularly the Cahorsins and Lombards, invented legal fictions to get around the ban on Christian usury;[147] for ...
Lance's user avatar
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1 answer
153 views

What is Ramban's reasoning regarding charging interest to a non-Jew?

Sefer Hachinuch here writes that Ramban holds that when the Torah says you should charge interest to a non-Jew, it means that you can, not that you must. However, we already know that we can charge a ...
yogazefish's user avatar
5 votes
1 answer
296 views

Cryptocurrency and Ribbis - Celsius Network

With the rising popularity of DeFi (Decentralized Finance) and cryptocurrencies I am wondering about the interest bearing wallets such as Celsius that will give returns for holding or staking coins. ...
Gre''i's user avatar
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2 votes
0 answers
129 views

How does a Jewish operated bank make money if the clientele are all Jewish?

As it was/is forbidden for the Israelites to charge usury/interest to a fellow Israelite, I began researching the banking practices of the Israelites in the Torah. That being said/written, interest ...
יהודה's user avatar
1 vote
1 answer
162 views

Is lending cryptocurrency ribbis?

If I would lend a fellow Jew a cryptocurrency such as Bitcoin, Cardano, Dogecoin, Polygon, Etherium, etc. would there be a ribbis issue? Do we look at it like lending someone a dollar which there ...
Eliyahu's user avatar
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1 vote
0 answers
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Are there potential Ribbis issues with applying for PPP loans?

I guess this questions has two components to it: (1) Are PPP loans different than other types of loans because of the way it's structured with the government guaranteeing the loans or something to ...
J G's user avatar
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5 votes
1 answer
83 views

Why are some sins counted twice?

I am looking to understand the theology behind a negative commandment being repeated in the Torah in order to make whomever transgresses it punishable for 2 sins. See for example Rashi on Vayikra 25:...
rikitikitembo's user avatar
3 votes
0 answers
74 views

Do convertible bonds issued between Jews conform with Halakha of interest?

A convertible note (a.k.a. "convertible bond") is a financial instrument that is a hybrid between debt and equity in a business. The way it works is that an investor invests some money in a company, ...
Daniel's user avatar
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3 votes
0 answers
41 views

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 ...
Nosson's user avatar
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4 votes
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176 views

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 ...
Nosson's user avatar
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4 votes
2 answers
96 views

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 ...
Gershon Gold's user avatar
3 votes
0 answers
32 views

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 ...
RibbisRabbiAndMore's user avatar
1 vote
0 answers
30 views

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 ...
RibbisRabbiAndMore's user avatar
1 vote
0 answers
61 views

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 ...
RibbisRabbiAndMore's user avatar
0 votes
0 answers
53 views

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 ...
RibbisRabbiAndMore's user avatar
2 votes
1 answer
1k views

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 ...
RibbisRabbiAndMore's user avatar
6 votes
3 answers
260 views

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 ...
RibbisRabbiAndMore's user avatar
1 vote
1 answer
46 views

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 ...
RibbisRabbiAndMore's user avatar
2 votes
0 answers
58 views

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 ...
RibbisRabbiAndMore's user avatar
2 votes
0 answers
104 views

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 ...
RibbisRabbiAndMore's user avatar
1 vote
0 answers
60 views

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 ...
RibbisRabbiAndMore's user avatar
0 votes
0 answers
52 views

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 ...
RibbisRabbiAndMore's user avatar
2 votes
0 answers
65 views

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 ...
RibbisRabbiAndMore's user avatar
-4 votes
2 answers
117 views

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 ...
SAH's user avatar
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8 votes
3 answers
219 views

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 ...
Popular Isn't Right's user avatar
4 votes
0 answers
189 views

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 ...
Craig Feinstein's user avatar
0 votes
1 answer
72 views

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 ...
Laser123's user avatar
  • 1,269
1 vote
1 answer
96 views

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 ...
Ribis Shmibis's user avatar
7 votes
3 answers
259 views

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, ...
DonielF's user avatar
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5 votes
1 answer
143 views

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 ...
Salmononius2's user avatar
  • 6,793
2 votes
1 answer
231 views

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 ...
Clint Eastwood's user avatar
5 votes
3 answers
103 views

Why "אִם" used by lending money?

In Mishpatim (22:24) the pasuk uses the term "אִם" when describing the mitzvah of lending to the poor. אִם-כֶּסֶף תַּלְוֶה אֶת-עַמִּי, אֶת-הֶעָנִי עִמָּךְ--לֹא-תִהְיֶה לוֹ, כְּנֹשֶׁה; לֹא-...
NJM's user avatar
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0 votes
0 answers
298 views

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 ...
Shmuel Brown's user avatar
  • 1,358
4 votes
1 answer
79 views

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 ...
Clint Eastwood's user avatar
4 votes
0 answers
97 views

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?
Clint Eastwood's user avatar
4 votes
1 answer
220 views

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 ...
Adám's user avatar
  • 6,801
10 votes
2 answers
157 views

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?
הראל's user avatar
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1 vote
2 answers
420 views

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 ...
Banago's user avatar
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