Is a Buy-Back Option a Way Around Ribbis?
Rav Yosef Dovid Josilowsky, Dayan at the Bais HaVaad Case: I bought a house many years ago. Since I was unable to get a mortgage on my own, my friend agreed to let me put the house under his name.…
Rav Yosef Dovid Josilowsky, Dayan at the Bais HaVaad Case: I bought a house many years ago. Since I was unable to get a mortgage on my own, my friend agreed to let me put the house under his name.…
Rav Yosef Dovid Josilowsky, Dayan at the Bais HaVaad Case: My friend is about to make a business deal and is short $50,000. He asked me to lend him the money for a few weeks and said he is willing…
Rav Yosef Dovid Josilowsky, Dayan at the Bais HaVaad Case: Reuven was granting a loan with interest to a large limited liability company. He noticed that the CEO’s name sounds Jewish and was concerned that this might create a prohibition…
Rav Yosef Dovid Josilowsky, Dayan at the Bais HaVaad Question: Many service agreements and contracts contain provisions, such as late fees and penalties. Can including these penalties in the contract lead to issues of ribbis? Answer: It is common to…