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RIBBIS: MATTERS OF INTEREST

Corporations Being that the issur ribbis is only applicable bein Yehudi leYehudi, dealing with large banks or public corporations is usually not a ribbis problem. However, if a Jew is guaranteeing the loan, in many instances halachah views his obligation…

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RIBBIS: MATTERS OF INTEREST

1.    WHO IS CONSIDERED A BORROWER? Virtually any time a Jew lends money to another Jew, the laws of ribbis will apply. The title “borrower” in halachah is applied anytime a Jew borrows money or consumable commodities from another Jew.…

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OVERVIEW OF THE LAWS OF RIBBIS

Avissar Family Ribbis Initiative The Torah commands us to lend money to a fellow Jew in need. Since all Jews are brothers, we are commanded to extend this loan without charging interest. Charging interest on a loan may violate numerous…

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Introduction to Ribbis

Avissar Family Ribbis Initiative INTRODUCTION People will encounter many common ribbis problems without ever realizing that they exist. Some may be questions of ribbis deOraisa which must be returned. Other times they can be derabbanan which one should be machmir…

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‘Interest’ing Accounts

Avissar Family Ribbis Initiative Reuven allows Shimon to make a purchase on his credit card. Shimon will pay the issuing bank directly, including the interest charged by the bank, several months hence. Both men reckon that there is no ribbis…

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Ribbis in Unexpected Places

 Avissar Family Ribbis Initiative Many common financial transactions involve ribbis, so pitfalls abound for the unaware. Following are some common business activities that can, depending on the circumstances, constitute ribbis. • COSIGNING cosigning on a loan or car lease, even…

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