Ribbis in the Business World - Chaim Francis

R’ Francis is currently a member at Kollel Choshen Moshpat of Lakewood, where he received Semicha on Hilchos Ribbis. The Kollel is under the tutelage of Hagoen R’ Eliyahu Levin Shlit’a.  R’ Francis began giving shiurim on Hilchos Ribbis over two years ago upon request from a group of Bale-Batim looking to raise awareness regarding this matter. The objective of this podcast is to discuss the many potential Ribbis concerns that exist in today’s business setting, as well as their practical solutions. Topics such as Real Estate Syndication, Preferred Return and Equity, Merchant Cash Advance funding, Heter Iska, Guarantors and many other matters are discussed. Each episode is generally between 5-10 minutes long, and are presented in a clear and concise manner.  For any questions/requests related to this podcast, personal Ribbis concerns, or if you are in need of a Heter Iska, feel free to reach out via email at Ribbistalk@gmail.com 

Episode 42: 42. Amazon Buying Groups

In this episode, we discuss whether it is permitted for someone to purchase an item on his personal credit card and have it delivered to an Amazon seller who will then reimburse him and provide an additional commission.

07-18
08:59

Episode 41: 41. Can an Employer Give a Bonus for Paying Wages Late

In this episode we discuss whether it is permitted for an employer to give his employee a bonus in consideration for missing a payment.

01-27
05:05

Episode 40: 40 - Can a Landlord charge a penalty to his Jewish Tenants

In this episode we discuss whether it is permissible for a Landlord to charge a late fee to his tenants. This discussion is also relevant to Vendors who want to charge penalties to customers who are late to pay their invoices,

08-31
08:08

Episode 39: Episode 39: Can a Landlord or Vendor charge Credit Payments

In this episode, we discuss whether it is permitted for a Landlord to charge additional rent in exchange for allowing his tenant to pay at the end of the month.  We also discuss whether it is permitted for a tenant to sign a Rental Agreement that calls for a recurring penalty in the event the tenant does not make his payment.

07-29
05:42

Episode 38: 38. Ribbis in Sales

In this episode we discuss the prohibition of charging a customer for the option to pay on credit. We discuss the common 2/10 net 30 payment structure as well as storeowners who offer a sale to cash paying customers only.

06-13
08:52

Episode 37: 37. Startup Funding for a Business

In this episode we discuss when startup or seed funding is considered to be a loan. Also discussed is  when a managing partner must receive additional compensation (schar tircha) for his work.

05-13
05:35

Episode 36: 36. Signs of Ribbis in an Investment

In this episode we discuss when one needs to be concerned about Ribbis when investing. Topics such as Preferred Returns, Preferred Equity Investments, Convertible Debt and others are discussed.

04-06
07:50

Episode 35: 35. Merchant Cash Advance in Hilchos Ribbis

Does the Ribbis prohibition apply on a Merchant Cash Advance loan between two Jewish parties?  And would the prohibition apply to someone who is merely investing in the MCA company.

02-15
12:51

Episode 34: 34. Accounts Receivable Purchasing - Factoring

Is it permitted to sell a debt at a discount, and how does this apply to an Accounts Receivable Purchasing arrangement.

12-28
08:18

Episode 33: 33. Thanking your Lender

Is it permitted for a borrower to provide non-monetary benefits to his lender. And is a simple "thank you"  forbidden

11-04
06:12

Episode 32: 32. - Trading Services

Is it permitted to receive a service with the condition to perform a more valuable service at a later date.

09-19
05:51

Episode 31: 31. - Can a borrower forgive Ribbis that he paid to his lender.

Is it permitted for a borrower to forgive Ribbis that he already paid to his lender. And what should be done if the parties become aware of a Ribbis problem while the loan is still outstanding.

08-27
07:06

Episode 30: 30. - Is a Lender obligated to return collected Ribbis.

In this episode we discuss the parameters of a lender's  responsibility to return Ribbis that he collected.

08-13
07:58

Episode 29: 29. - The Car Financing Controversy

A discussion of the recent controversy regarding purchasing a car from a Jewish seller using a Retail Installment Contract.

06-30
09:48

Episode 28: 28. - Prepaying for a Purchase - Part 2

A continuation of episode 27.

05-02
06:52

Episode 27: 27. Prepaying for a Purchase - Part 1

When does prepaying for a purchase violate the prohibition of Ribbis? And is it permitted to give a seller a deposit (used for construction costs) when purchasing a new construction home.

04-08
08:26

Episode 26: 26. Sending Mishloach Manos to your lender

Is it permitted for a borrower to send Mishloach Manos to his lender. And does it make a difference if the borrower had done so in the past.

02-24
07:27

Episode 25: 25. Bitcoin in Hilchos Ribbis

Is it permitted to borrow cryptocurrencies, when the borrower is obligated to repay the lender using the same currency. This discussion is relevant even where the borrower is only required to repay the sum that he borrowed.

02-11
05:32

Episode 24: 24. Foreign Currency Trading

Is it permissible to borrow foreign currency and repay the debt using the same currency.

01-21
08:01

Episode 23: 23. Refinancing a Loan

What is the appropriate Heter Iska for a refinance loan issued from a jewish lender.

12-28
04:18

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