Understanding Halacha, History & Change: Taking Interest on a Loan (feat. Dayan Y. Posen)
Update: 2024-09-10
Description
The Torah explicitly forbids lending money at interest, yet the Hetter Iska document seems to allow it.
Is it legal? Should we all have one? Did the 17th century create a watershed moment?
Is it legal? Should we all have one? Did the 17th century create a watershed moment?
Chapters
00:00 Introduction and Overview
02:26 The Historical Context of Money in Jewish History
08:11 The Role of the Vaad Arba Arotzos in Creating the Hetter Iska Document
11:29 Navigating Financial Transactions within the Framework of Halacha
19:27 Understanding the Document
35:04 The Prohibition of Ribis (interest bearing loans)
43:18 Different Types of Hetter iska
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