Fwd: WEEK FOUR: Ribbis in Commerce

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From: Bais HaVaad Halacha Center <info-baishavaad.com@shared1.ccsend.com>
Date: Sun, Mar 23, 2025, 8:00 AM
Subject: WEEK FOUR: Ribbis in Commerce
To: <agentemes4@gmail.com>

THE ADVENT OF BANKS, RAV MOSHE'S OPINION, CREDIT, LINES LLCS

THIS MONTH'S YORUCHA TOPIC: RIBBIS IN COMMERCE 'הלכות רבית - חלק ב

Week 4 Focus: דיני בנקים ושאר סוגי חברות

THE ADVENT OF BANKS RAV MOSHE'S OPINION  CREDIT LINES LLCS

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Introduction

While Jews have been involved in the banking industry for centuries, the vast majority of their dealings were with non-Jewish clients. Many teshuvos have been written discussing the permissibility of individual Jews depositing money into a bank that will lend money to Jews with interest, as well as borrowing from a bank that has Jewish owners or depositors.

Points to Ponder

• What are the possible leniencies to allow depositing money into a bank if some of the money will be lent to Jews with interest? • May a corporation that is owned or controlled by Jews collect interest from a Jewish borrower? • Is there a halachic difference between a regular bank and a credit union? • If an irreligious Jewish lender demands that a borrower pay interest or suffer the consequences, may the borrower pay him?

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