7 votes
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Why are the halachot of Ribit (interest) in Yoreh Deah

See here for an interesting point on this. However, the facts remain: the laws of ribbit are found in Yoreh Deah (which deals with what is permitted and what is forbidden), whereas ona’ah is ...
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6 votes
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Why "אִם" used by lending money?

The Malbim explains simply that אם means it's a possiblity and might not happen. Maybe you won't have any money to lend or nobody will need a loan.
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6 votes

Why are the halachot of Ribit (interest) in Yoreh Deah

Yoreh Deah siman 159 is the halacha that it is permitted to loan to a non-Jew with interest. This is there, because it is following on the heels of other halachos related to how we treat non-Jews. In ...
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5 votes
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Objective reasoning beyond feelings

I suspect you're not aware what is involved in the sale of a daughter. The daughter is not sold into slavery. She is essentially being given up for adoption, to use a modern parallel. The aim of the ...
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5 votes

Receiving interest from a convert

Rabbi Yisroel Reisman writes in The Laws of Ribbis: If a Jews lends money to a non-Jew, and the non-Jewish borrower then converts to Judaism, the lender may not collect interest which accrues after ...
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5 votes

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?

The first answer seems correct, but might need to be qualified. It seems Rav Elyashiv ZT"L would have said it is Ribbis in the case that you borrowed from a neighbor. Let's say you only borrowed one ...
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5 votes

May I name my child after someone who lent me money, if I did not repay the loan yet?

The Kitzur Shulchan Aruch (65:9-10) seems to say pretty clearly that anything that is an honor to the lender (that you wouldn't have done if not for the loan) is in violation of Ribbis (quoting the ...
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  • 6,693
4 votes

Paying more for an item -- Ribis?

There is a disagreement among the poskim, when there is a debt resulting from a purchase (chov machmas mekach) whether one may add extra payment at the time of the payment of the debt (if no condition ...
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4 votes

An actual Heter Iska Agreement

there's one here The first page is the document, and the 2nd page are the halachos pertaining to hetter iska. @Tzvi HERE IS THE ENGLISH VERSION OF THE SAME DOCUMENT: You may need to Sign in to your ...
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  • 6,097
4 votes

Corporations, Jewish Shareholders and Interest

CYLOR, especially as this is a relatively modern question that I don't think is agreed upon by all of the contemporary poskim. I believe that most poskim are of the opinion that a limited liability ...
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4 votes

Why "אִם" used by lending money?

The Maharal in Gur Aryeh explains that the use of אם which connotes רשות as explained in Rashi quoted above by the OP, is meant to signify how one is meant to do charity. Meaning that although it is ...
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3 votes

Why "אִם" used by lending money?

R. Alshikh (Exod. 22:24) answers the following: הנה אם זה קיימו וקבלו רבותינו ז"ל שהוא ודאי. ואפשר דאפקי בלשון אם בשום לב אל מלת את שבאומרו את העני שהיא מיותרת, לומר אל תיחל מלהלוות עד תהיה בעל זהב,...
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3 votes

Ribbis (interest) in Judaism

To answer your first question, the Torah is very clear that interest may not be charged to Jews, but may be charged to non-Jews: Deuteronomy 23:21 לַנָּכְרִי תַשּׁיךְ, וּלְאָחִיךָ לֹא תַשּׁיךְ--...
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3 votes

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

You can avoid this whole problem simply. Shimon can purchase the item on his own, with the understanding that Reuvein will then buy it from Shimon. A resale, unlike a reimbursement, steers clear of ...
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3 votes
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Ribbis exception for non-observant Jew

First of all we are discussing a Meshumad who himself has decided to leave the faith, see Beis Yosef, where even if originally he was mishtamed by force, as long as he as opportunity to return but ...
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3 votes

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

It seems to me that halakhah accommodates the reality that there is a time value of money (opportunity cost and whatnot). Therefore there is no moral problem with charging interest in-and-of-itself. ...
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3 votes

Repaying a loan and processing fees

Your question was asked here. The question was As a Company we accept payments from customers made via their credit cards. We are charge by the bank for each transaction a fee of 0.67% of the ...
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3 votes

Is lending cryptocurrency ribbis?

A complete answer is well beyond me, but let me just state one of the basic rules: Even if Bitcoin is considered a currency, at this point in time it would only be considered a foreign currency, since ...
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  • 3,334
2 votes

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

Perhaps there is a time value of money when dealing with non-Jews but not when dealing with Jews. Time value of money assumes a certain unchanging nature of money; when dealing with non-Jews who live ...
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  • 6,372
2 votes

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

Sefer Hachinuch Mitzva 68 says that paying interest causes one to become extremely poor without realizing it until it is too late. In Mitzva 573 he says that it is inappropriate to do Chesed with ...
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2 votes
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How do Interest Loans work in Israel?

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 ...
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2 votes

An actual Heter Iska Agreement

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 ...
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2 votes

How is a heter iska made to work with a non-business loan?

In some versions of the heter iska contracts, [specifically in the "Heter Iska Bris Pinchas" - see link below] there is a stipulation which states that if the monies received were not directly ...
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2 votes

Are there Ribbis implications in this transaction and what are they?

Seems ok, but maybe not halcha limaaseh. See Shulchan Aruch Yoreh Deah siman 174 and Pischei Tshuvah #1 in the name of the Noda BiYehuda. He says the Mechaber's case of a sale with an option to be ...
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  • 32.3k
2 votes

Would an Islamic Bank Account be preferable to a Jew?

If by "A regular bank" you mean another non-Jewish bank, then according to some poskim it is preferable to charge interest when lending money to a non-Jew, rather than to give him an interest-free ...
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2 votes

Ribbis and Ona'ah in Monopoly

It seems IMHO, (based on the OP) that there are three possible aspects; or questions here regarding the validity of game transactions in Halachah: Q1. May a child be allowed to perform such ...
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2 votes

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?

I received the following answer from "sabbahillel" as a comment, with the added note "Since I do not have a source for this, I am leaving it as a comment" Since there would be no way of being sure ...
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2 votes

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?

In Rabbi Reissman's seffer on Hilchos Ribbis, he says it is allowed to return the full amount of eggs. The following is a quote from page 34, footnote 10: If someone borrowed a dozen eggs and found ...
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2 votes

Does Ribbis apply to services?

Mishna B"M 5, 10: "אוֹמֵר אָדָם לַחֲבֵרוֹ, נַכֵּשׁ עִמִּי וַאֲנַכֵּשׁ עִמָּךְ, עֲדֹר עִמִּי וְאֶעְדֹּר עִמָּךְ, וְלֹא יֹאמַר לוֹ נַכֵּשׁ עִמִּי וְאֶעְדֹּר עִמָּךְ, עֲדֹר עִמִּי וַאֲנַכֵּשׁ ...
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  • 24.7k
2 votes

Why are some sins counted twice?

Sefer HaChinuch 343 says: So why did the verse divide them?" [That is] meaning to say, why did it divide them and not write, "Give neither your money nor your food with interest." "To cause the ...
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