Maane Simcha Foundation

DIN Ask The Rabbi

  • Home
  • Questions
  • Topics
  • Articles
  • Useful
    • Checking Foods
    • Halachic Guides
    • Useful forms
    • Subscribe to Newsletter
  • About Us
  • DONATE
English
  • עברית
  • Русский
  • Español
Ask Question
»Ask»Monetary Law and Charity»Interest on loans

Category: Interest on loans

 
  • Interest on loans

Heter Iska Today

To what extent should one be makpid to draft a heter iska, and might you please cite examples when a heter iska may be nogaya bzman hazeh? Thank you. Answer:… Read more »

Interest on loans
24/10/2013
  • Interest on loans

Borrowing from Company (Ribbis)

Dear Sir, If a Jew borrows from a publicly held corporation in which 20% of the shares are owned by a Jew who manages that publicly held company, is a… Read more »

Interest on loans
06/10/2013
  • Interest on loans

Heter Iska for Mortgage Document

My son who learns in kollel is thinking of buying a property. Because he cannot borrow money with his income, I will borrow the money from my bank, using my… Read more »

Interest on loans
02/10/2013
  • Interest on loans
  • Jewish courts

Collecting Interest in Court

Hi, I am a lawyer and a Jewish client just asked me to enforce a contract – charging interest – against another Jew. Can I take on the case? Thanks… Read more »

Interest on loans Jewish courts
17/08/2013
  • Interest on loans

Loan “On the House”

I am looking to refinance my house. Presently the easiest option would be to go with a Jewish lender who would flip the loan right away (he says within 2… Read more »

Interest on loans House Interest iska Loan price Ribis usury
24/05/2013
  • Interest on loans

Prohibition of Usury for Jews

Is now available that law which God told us that every man give 10% of his income? Why in the old testament that lend a non-Jew a Jew could ask… Read more »

Interest on loans
14/05/2013
  • Interest on loans

Bonus on Credit Card

I lent someone money on my credit card. My credit card pays 1.5% interest on money spent on the card. Is this cashback bonus ribbis? If so, should I give… Read more »

Interest on loans
05/02/2013
  • Interest on loans

Heter Iska for Pension Fund

How does one verify that he is not taking ribis when enlisted in an Israeli pension plan? Answer: This is a good question, and it is important to verify that… Read more »

Interest on loans
03/02/2013
  • Interest on loans

Interest on Late Child Allowance Payment

Is it permissible to collect interest on delayed child support payment? Answer: If the interest grows over time, it is not permitted to collect this (from a Jewish father) unless… Read more »

Interest on loans
27/01/2013
  • Interest on loans

Participation in Lending Club

Shalom, Could you please address these questions 1. as of recently many investment places started to advertise the new “safe investment” so called tax lien certificate, when homeowner fails to… Read more »

Interest on loans
15/01/2013
  • Interest on loans

Paying More for Sefer as Helping Out

Someone went to a machaber of a sefer to buy his sefer for 50 shekels. The person didn’t have money but the machaber let him take the sefer anyway and… Read more »

Interest on loans
13/01/2013
  • Interest on loans

Interest-Free Loan for Employees

Reuven is getting hired . His compensation: x amount of dollars or shekel a week; 10 days vacation a year use of the company car for a week an interest-free… Read more »

Interest on loans
02/01/2013
  • Interest on loans

Getting Money Back in Heter Iska

Hi, The Heter Isska you have in English online lets me think that the sum invested must be returned to the investor no matter what happens. Is that correct? You… Read more »

Interest on loans
09/12/2012
  • Interest on loans

Inflated Late Pay Check

Interesting shailo in ribis A company owed someone his pay check for last month, came the time to pay and the company ran into some financial difficulties. The pay check… Read more »

Interest on loans
05/12/2012
  • Interest on loans

Loan for Giving Charity to Lender

An ani went around collecting on Purim and came to a rich person who didn’t have any more money left to give. The Ani said “Here, I’ll lend you a… Read more »

Interest on loans
21/11/2012
  • Interest on loans

Receiving Interest from Bank

I recently set up an account at bank Mizrahi Tafuhot. The account receives interest. Do you know if this is a problem, or if bank Mizrahi has set up a… Read more »

Interest on loans
22/10/2012
  • Interest on loans
  • Shabbat

Loan on Condition of Keeping Shabbos

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… Read more »

Interest on loans Shabbat
04/10/2012
  • Interest on loans

Paying in Advance for Lulav Set

May one pay for a lulav and esrog set a month in advance via credit card to get an early bird discount? Or would this be considered a problem? Someone… Read more »

Interest on loans
28/08/2012
  • Interest on loans

Taking Maaser from Income

Should maaser be paid from the gross income or from the net income? Answer: Maaser must be taken from a person’s net income. The obligation of taking maaser applies to… Read more »

Interest on loans
15/08/2012
  • Interest on loans

Who to Write for Heter Iska

A friend kindly arranged a private loan with interest that will allow me to buy a home. I understand that with the proper heter iska we can make this happen…. Read more »

Interest on loans
14/08/2012
  • Interest on loans

Buying on Credit in Israel

Sholem I’m I allowed to buy something here in Israel with a israeli credit card in a couple payments if there is a ribis charge on it? Answer: The big… Read more »

Interest on loans
07/08/2012
  • Interest on loans

Terms of Contract and Heiter Iska

If a loan is made with a secular loan contract and also a heter iskah, does the heter iskah override the terms of the secular contract? I.e., if the secular… Read more »

Interest on loans
08/07/2012
  • Interest on loans

Heter Iska for Company

When writing a Heter Iska to issue a loan to an LLC – 1. Is it sufficient for 1 member to sign for the company? 2. Do you use plural… Read more »

Interest on loans company Heter Iska
02/07/2012
  • Interest on loans

Obligations of Heiter Iska

If a loan is made under a heter iskah, can the creditor withdraw the money at a time when this would deleterious for the business venture that it has been… Read more »

Interest on loans iska
02/07/2012
  • Interest on loans

Saying “Thank You” for a Loan

When paying back a loan, is saying “thank you” ribbis? Answer: No, saying “thank you” is not considered ribbis. Sources: The Gemara and the Shulchan Aruch write that if a… Read more »

Interest on loans blessing Interest Loan ribbis
13/06/2012
  • Interest on loans

Details of Heiter Iska

I am using your english version heter iska contract with a non-religious jew and he is not comfortable with the line “All other profit-making assets of mine (ours) are to… Read more »

Interest on loans Heter Iska
08/06/2012
  • Interest on loans

Paying Less for Payment Up Front

Reuven took Shimon to secular court without a heter from beis din. Reuven won a monetary claim to be paid out over time. Reuven now offers Shimon a discount to… Read more »

Interest on loans
17/05/2012
  • Interest on loans

Loan on Condition of Success in Studies

Can one loan money to a student for his college education on condition that the student maintains, for instance, a B average? (If the grade is not maintained, the benefactor… Read more »

Interest on loans
08/05/2012
  • Interest on loans

Ribbis of Paying Back Past Loan

Someone borrowed money from a friend in the amount of $1000. Much time went by and he never paid it back. The one who lent the money you could say… Read more »

Interest on loans
08/05/2012
  • Interest on loans

Extending Time for Loan as Ribbis

Someone took a loan from a gemach for a large amount of money and made up to pay back $500 a month. They now need to take another loan and… Read more »

Interest on loans
08/05/2012
  • Interest on loans

Heiter Iska in Partnership

I am going g-d willing into a partnership. It is on line business to sell vitamins. I would manage the business and my partner would give me his credit card… Read more »

Interest on loans
27/04/2012
  • Interest on loans

Interest by Means of Partnership

Kavod HaRav, I have a question regarding potential ribit that I observed: Can a jewish owned business provide a Cash Advance to another jewish owned business, if the advance constitutes… Read more »

Interest on loans
16/04/2012
  • Interest on loans

Brokering a Deal that Involves Ribis

Hello, may a real estate agent broker a deal between two non religious Jews in which owner financing (which I am assuming is ribbis) will be used? The agent is… Read more »

Interest on loans
26/03/2012
  • Interest on loans

Changing Foreign Currency Checks

I asked the following question from you and received an answer. At the end of your answer you noted: “that this answer does not relate to the possible ribbis issues… Read more »

Interest on loans money changer Ribis
30/01/2012
  • Interest on loans

Interest in Promissory Note

If a Jew lends money to another Jew for interest using a Heter Iska form, is it also permitted to have the borrower sign a promissory note guaranteeing the repayment… Read more »

Interest on loans
27/01/2012
  • Interest on loans

Ribis Between Neighbors

My wife lent somebody a container of matzoh meal that was not kosher for Pesach. The husband works in a factory, and brought back a bag that contains matzoh meal… Read more »

Interest on loans
08/01/2012
  • Interest on loans

Making a Shaliach (Envoy) for Heter Iska

I am taking a business loan from another religious Jew who is living in england.  I was wondering if i can make a shaliach to sign my heter iska, and… Read more »

Interest on loans envoy Heter Iska shaliach signing
07/11/2011
  • Interest on loans

Sale of Gift Certificates (Ribbis)

There exists many “groupon” type site in which you buy a gift certificate to a store at a large discount. Part of the reason for the sale is to attract… Read more »

Interest on loans forbidden interest
28/10/2011
  • Interest on loans

Gift of Wine from Borrower

A borrower repaid us our loan and threw in a package of 3 very fancy wines to boot. Now what do we do with the wine? He wouldn’t hear of taking… Read more »

Interest on loans
27/10/2011
  • Interest on loans

Borrowing One in Exchange for Two

I was on vacation with my family and late at night I really wanted a can of soda that my 10 year old sister had. My husband offered her two… Read more »

Interest on loans borrowing cans forbidden interest sister usury
11/09/2011
  • Interest on loans

Paying Back Extra on Loan

If I go to the supermarket for my parents, spending $100 of my own money, making me a lender. Can my father pay me back $300, as the money is… Read more »

Interest on loans
19/07/2011
  • Interest on loans

Defining a Loan

Regarding the answer concerning a person barrowing a half jar of horseradish and the returning a full jar. Why can’t we consider it a purchase instead of borrowing. The person… Read more »

Interest on loans borrowing food Loan neighbors sale
01/06/2011
  • Interest on loans

Ribis when Returning a Food Product

My neighbor barrowed half a jar of horseradish from me. When he insisted to repay me, I told him to get me another jar. Is the other half received considered… Read more »

Interest on loans food
01/06/2011
  • Interest on loans

Payment in Heter Iska Agreement

We lent a large amount of money to someone in 2005 with a heter iska.Tha borrower used it to develop a property which is only now being finished. The borrrower… Read more »

Interest on loans Beis Din Heter Iska iska loss payment profit
29/04/2011
  • Interest on loans

Fine for Late Payment

I’m a small business owner. In these tough economic times, many of my clients are asking if they can pay their bills in installments (or pay part of their bills… Read more »

Interest on loans fine late payment
10/03/2011
  • Interest on loans

Mishloach Manos to Creditor

I have a friend who lends or gives us money to help us out. Am I allowed to give him mishloach manos on Purim – or would this be considered… Read more »

Interest on loans gift Interest Loan mishloach manos present Purim
22/02/2011
  • Interest on loans

Retroactive Heter Iska

Can I have a Heter Iska signed retroactively if one has not been signed at the time of execution of a loan/investment? Answer: A heter iska cannot work retroactively. The… Read more »

Interest on loans Heter Iska Ribis
15/01/2011
  • Interest on loans

Heter Iska for Paying Back Interest

Dear Rabbi, I took out a mortgage loan to be used for a family member where he pays the monthly payments. I was told that I will need a Heter… Read more »

Interest on loans
03/01/2011
  • Interest on loans

Investing in Lending Company

I have lately seen adds for something called “peer to peer lending” which sounds like it would be a good thing to invest in, as there are minimal losses involved…. Read more »

Interest on loans
26/12/2010
  • Interest on loans

Paying off Bank Loan

Reuven and Shimon jointly take out a bank loan at x% interest to invest in a venture they are both involved in, they acquire x% of the company through this… Read more »

Interest on loans
13/12/2010
  • «
  • ← Previous
  • 1
  • 2
  • 3
  • 4
  • Next →

SUPPORT
The Torah Scholars of Israel

תעשיר את הידע שלך בדיני ממונות!!!
במאמרים מחכימים ומעשירים שהתפרסמו ע"י גדולי הדיינים

בגיליון החודשי "עלון המשפט"

Newsletter

Last Visits

Navigation in Q&A

  • Daily Living
    • Behaviour in the morning
    • Washing hands (netilat yadaim)
    • Tzitzit
    • Tefillin
    • Prayer (tefilla)
    • Kriyat Shma
    • Tachanun
    • Chazzan's Repetition of Shmoneh Esrei
    • Reading the Torah
    • Kaddish
    • Prayer in an unclean place
    • Laws of Meals
    • Blessings (brachot)
    • Laws of Nighttime
    • Laws of Bathroom
    • BIrcas Kohanim
  • Shabbat
    • Shabbat eve
    • The Shabbat routine and the meals
    • Shabbat prayers and Torah reading
    • Ending of Shabbat
    • Forbidden activity on Shabbat - 39 melachot
    • Cooking on Shabbat
    • Preparing foods on Shabbat
    • Carrying on Shabbat
    • Electricity on Shabbat
    • Muktzeh
    • Toys and games on Shabbat
    • Work by gentile on Shabbat
    • Illnesses and medicine on Shabbat
    • Benefiting from forbidden Shabbat activity
    • Getting paid for working on Shabbat
    • Rabbinical laws of Shabbat
    • Eiruv
    • Boat Travel
    • Honoring the shabbat
  • Jewish Calendar
    • The New Month (Rosh Chodesh)
    • Festivals (Yom Tov)
    • Second day of Yom Tov (Yom Tov sheni)
    • Intermediary Days of Festival (Chol ha-Moed)
    • The month of Elul
    • The Jewish New Year (Rosh Hashanah)
    • The Day of Atonement (Yom Kippur)
    • The Festival of Tabernacles (Sukkot)
    • The Laws of the Sukkah
    • Sitting in the Sukkah
    • The Four Species (Arbat ha-minim)
    • Simchat Torah
    • Hanukkah
    • Purim
    • Passover (Pesach)
      • Kashering utensils for Passover
      • Search for chametz
      • Selling chametz
      • Passover seder
      • Foods kosher for Passover
      • Legumes (Kitniyot)
      • Chametz after Passover
      • Non-food items on Passover
      • Chametz on Passover
      • Various questions on Passover
    • Counting the Omer
    • The Festival of Shavuot
    • Fast days
    • Bein Hametzarim - The Three Weeks
    • The Nine Days
    • The ninth of Av (Tisha be-Av)
    • Mourning the destruction of the Temple (Aveilut Hachurban)
  • Monetary Law and Charity
    • Business and Commerce
    • Messengers (shlichut)
    • Gifts
    • Contracts and agreements
    • Loans
    • Interest on loans
    • Damages
    • Returing lost objects
    • Theft and robbery
    • Renting and borrowing
    • Shomrim - Assuming liability for property
    • Employees and employers
    • Contract employees
    • Neighbours
    • Partners
    • Brokers and matchmakers
    • Copyright and infringement
    • Inheritance and wills
    • Law of the Land and secular courts
    • Jewish courts
    • Tzdakah and maaser
  • Kashrut
    • Kitchen
    • Kashering utensils
    • Kashrut of products
    • Kosher meat and poultry
    • Infestation in food
    • Trumot and maasrot
    • Hafrashat challah
    • Non-Jewish prepared foods
    • Mixtures of meat and milk
    • Dangerous foods
    • cholov Yisrael
  • Marital and family laws
    • Matchmaking
    • Wedding
    • Laws of mamzer
    • Marital laws
    • Kohanim marriage
    • Divorces
    • Modesty
    • Niddah and ritual immersions
    • Pregnancy and birth
    • Marital harmony - Shalom bayit
    • Prohibition of seclusion (Yichud)
  • Mourning and burial
    • Funeral and burial
    • Seven days of mourning
    • Thirty days of mourning
    • Year of mourning
    • Death anniversary (yahrtzeit)
    • Visiting the grave
    • Cemetery
  • Celebrations
    • Circumcision
    • Redemption of the firstborn
    • Bar mitzvah
  • Man and Clothing
    • Tattoos
    • Haircut and shaving
    • Cross gender dress (Lo yilbash)
    • Shatnez
  • Commandments and prohibitions
    • Torah learning
    • Honouring parents
    • Honouring Torah scholars
    • Sending away the mother bird
    • Mezuzah
    • Animal suffering
    • Wanton destruction
    • Idolatry
    • Slander (Lashon hara)
    • Truth and lying
    • Purity laws for Kohanim
    • Non-Jewish practices
    • Caring for body and soul
    • Stumbling block (Lifnei iver)
  • Various matters
    • Conversions and converts
    • Relations between Jews and non-Jews
    • Trumot, maasrot, orlah and hybrids
    • The seventh year (shemittah)
    • Vows and oaths
    • Torah scroll (Sefer Torah)
    • Disposal of holy objects and books
    • Synagogue
    • Laws of interpersonal relations
    • Repentance
    • Consulting on non-halachic issues
    • Internet and cell phone
    • Sanctity of Jewish books
    • Land of Israel
    • Bais Hamikdash - Jewish Temple
    • Uncategorized
    • Pets and animals
  • Jewish Outlook
  • Bible study questions - Tanach
  • Guide: Practical Methods of Checking Foods
  • Parshas Devorim Taking a Mortgage on Behalf of a Relative
  • Rabbi Fleischman – Articles

Mission Statement

The purpose of this site is to raise public knowledge of the importance of monetary dealings according to the Halacha. At the site you can expand your knowledge with in-depth articles, and in addition consult online with the rabbis of the Beit Midrash on Halachic issues that interest you.
I hope that you enjoy the site and that it will fulfill its goals. We await your comments and suggestions.
Sincerely, Rabbi Yosef Fleischman. Av Beis Din “Nesivos Chaim” & Head of Kollel

Contact Us

  • Contact Us
  • Report Bug
  • Ask Question
  • Check Question Status

Links

  • Questions & Answers
  • Articles
  • Checking Foods
  • Subscribe to Newsletter
  • Halachic Times

Din

Created by ShS

7ads6x98y