Taking Interest: Difference between revisions
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The laws of interest are one of the most complex and relevant laws in today's economy and even in everyday life. See the numerous pages below for the details of arranging loans in a permitted fashion. | The laws of interest are one of the most complex and relevant laws in today's economy and even in everyday life. See the numerous pages below for the details of arranging loans in a permitted fashion. | ||
*[[Categories of Ribbit]]: This page includes | *[[Categories of Ribbit]]: This page includes | ||
**the definitions of | **the definitions of biblical and rabbinic interest, | ||
**legal subterfuge sometimes which is permitted and sometimes forbidden, | **legal subterfuge sometimes which is permitted and sometimes forbidden, | ||
**the laws of interest on rentals, | **the laws of interest on rentals, | ||
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**return policies, | **return policies, | ||
**and after the fact transactions established with interest. | **and after the fact transactions established with interest. | ||
*[[Guaranteed Low Prices]]: This page deals with the topic of | *[[Guaranteed Low Prices]]: This page deals with the topic of | ||
**paying for goods with a delayed delivery, | **paying for goods with a delayed delivery, | ||
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*[[Heter Iska]] | *[[Heter Iska]] | ||
**In order to make any loan with interest, which is standard in today's economy, a person needs to sign a heter iska to effectively change the contract from a loan into a partial or complete business deal. The halachot are complex and must be done with an official heter iska documents or reviewed by a rabbi. | **In order to make any loan with interest, which is standard in today's economy, a person needs to sign a heter iska to effectively change the contract from a loan into a partial or complete business deal. The halachot are complex and must be done with an official heter iska documents or reviewed by a rabbi. | ||
==Links== | ==Links== | ||
