Skip to main content

Questions tagged [lending-interest-ribbis]

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

Filter by
Sorted by
Tagged with
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 ...
4 votes
1 answer
148 views

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?
5 votes
2 answers
180 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? ...
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 ...
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 ...
2 votes
1 answer
90 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 ...
3 votes
1 answer
67 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'...
7 votes
3 answers
262 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, ...
1 vote
1 answer
82 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 ...
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 ...
5 votes
1 answer
297 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. ...
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 ...
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 ...
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 ...
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 ...
1 vote
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 ...
0 votes
1 answer
269 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 ...
1 vote
1 answer
163 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 ...
2 votes
0 answers
130 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 ...
1 vote
0 answers
48 views

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 ...
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:...
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-...
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, ...
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 ...
4 votes
0 answers
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 ...
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 ...
3 votes
1 answer
120 views

Insurance and Ribit

What is the halachick treatment of a long term insurance contract issued by a company held by a Jew? In particular - Is the underlying investment that contributes to the ultimate amount of the ...
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 ...
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 ...
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 ...
9 votes
1 answer
227 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 ...
3 votes
1 answer
148 views

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 ...
6 votes
3 answers
264 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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
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 ...
7 votes
3 answers
1k 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 ...
3 votes
1 answer
132 views

Paying more for an item -- Ribis?

I will ask the question using the following scenario: Reuvan wrote a sefer that he was charging for it 50 Shekels. Came along Shimon who wanted to buy the sefer. At that time he didn't have money on ...
6 votes
2 answers
1k 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 ...
2 votes
2 answers
175 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?
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 ...
7 votes
2 answers
549 views

Is returning a car with a full tank of gas a problem of ribis (interest/usury)?

I was told that if you borrow a car from a friend, it's courteous to return it washed, and with a full tank of gas (even if the car was dirty and had an empty tank when you borrowed it). Is there any ...
-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 ...