• Understanding Halacha, History & Change: Taking Interest on a Loan (feat. Dayan Y. Posen)

  • Sep 10 2024
  • Length: 1 hr and 8 mins
  • Podcast

Understanding Halacha, History & Change: Taking Interest on a Loan (feat. Dayan Y. Posen)

  • Summary

  • 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?

    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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