Heter Iska Loan Requirements: How to Borrow and Lend Without Violating Halacha
Heter Iska Loan; In Jewish law, lending money with interest, known as Ribbis, is strictly prohibited between Jews. This biblical commandment can create challenges for observant Jewish individuals and businesses engaging in financial transactions, particularly when borrowing or investing. To address this issue, a unique Halachic financial instrument called a Heter Iska loan was developed. … Read more