Question:
A couple of years ago, in article https://dinonline.org/?p=42499, you said all savings loans in banks in Israel are ok with no problem of Ribbis. Is this still true today?
Answer:
What was written there is still applicable, that all banks in Israel have a heter iska, nevertheless it is still better to make a private one.
Best wishes
Additional reading:
- Heter Iska without Signing
- Ribbis with Returned Purchase
- Ribbis for Returned Deposit
- Can a Jew lend the money of a non-Jewish?
- Inhereted a Shtar Ribis that on which one of the co lenders is a not religious
- Loan to be repaid from inheritance
- Can one make a charity donation with a credit card and ask for change. Is this ribbis?