Monday, February 3, 2025

Fwd: Business Halacha Daily

---------- Forwarded message ---------
From: Bais HaVaad Halacha Center <info@baishavaad.org>
Date: Mon, Feb 3, 2025, 8:00 PM
Subject: Business Halacha Daily
To: <agentemes4@gmail.com>

May a Lawyer Draft a Contract For a Loan That Contains Ribbis?

Case: Reuven is a lawyer. He is asked to draw up a loan contract between two Jews, and upon reading it, he realizes that the loan contains ribbis.

Question: Is he permitted to draft this contract?

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Presented By Rav Yitzchak Grossman

Answer: Ribbis is a unique prohibition.

When someone cheats or steals from another Jew, he is the lone transgressor of a prohibition. Ribbis is different in that although the lender is usually the only one who gains financially from the interest, he is not the only one who transgresses a prohibition. The borrower is also Biblically prohibited from agreeing to repay a loan with interest. Furthermore, the Shulchan Aruch says that anyone who helps facilitate a loan with interest transgresses a prohibition as well. This includes a cosigner and any witnesses who sign onto a loan.

The Shach adds that some opinions say that even the sofer who writes the loan document transgresses a prohibition if the loan contains ribbis. Accordingly, anyone who has any part in bringing the loan to fruition does as well, which would include a lawyer who drafts the contract. Because of this, a lawyer should be very careful to make sure that any document he writes up for a client contains no potential issues of ribbis.