I want to clarify Land Contract payments are usually with interest calculated into the actual monthly payment even when there is no late payment. Is that not a problem of ribis?


Yes  and it would need a heter iska if it was bought from a Jew.


Tags: Ribis

Share The Knowledge

Not what you're looking for? Browse other questions tagged Interest on loans Ribis or ask your own question.

Leave a Reply

Your email address will not be published. Required fields are marked *