Home About Us the Rabbis Contact Us


what's new on Revach
Parshas Pinchas: Rav Yehonoson Eibshitz - Where did Zimri the Great Tzaddik go Wrong?

Showering the Night Before a Taanis

Ha Lachma Anya: Rav Eliyahu Dessler - Celebrating Freedom With Poor Bread

Rav Yaakov Edelstein - The Two Words He Wanted to Be Able to Speak

A Night to Remember All Year Round
 
[view all questions in this category]

Section: Questions   Category: Halacha
TAGS:ribbis
Halacha - heter iska
Submitted by anonymous  Answered by Rav Yehonoson Hool
Question: 1. Can I borrow money from a relative and pay him interest? 2. If the answer is yes, if we enter into a heter iska agreement, could you give me or direct me to a sample agreement?
Answer: It is forbidden to borrow with interest from any Jew. Interestingly, there was a suggestion that a father may lend money to his young children with interest in order that they should learn the bitter taste of paying interest, and understand how severe is the punishment for those who lend with interest, but the Gemora (Bava Metzia 75a) rejects this and forbids this too.

However, one may lend money using a Hetter Iska, in which case any extra money paid is not actually interest at all.

A Hetter Iska document can be attained from most "Beth Din"s. Have someone explain it to you before signing, as many Poskim hold that someone who has no idea how the Hetter Iska works cannot use such a document.
posted:2009-04-19 12:40:24


printable version     email to a friend
 

Send Your Comments
Name optional
Display my name?
Yes   No
EMAIL optional
Your email address is kept private.
COMMENTS required
Type Image Code REQUIRED IMAGE CODE
    Most Viewed Lists
  1. "Zissen" Pesach
  2. Toivel Hot water Urn
  3. Bracha for bANANAS
  4. sprinkler on Shabbos clock
  5. shaving body
    Last Viewed
  1. heter iska
  2. follow up
  3. Toiveling dishes
  4. shabat
  5. Mezuzah Folding