By HaRav David Grossman, Rosh Bet HaVaad WHAT IS RIBBIT? The Torah prohibits borrowers and lenders from entering into a loan transaction with a fellow Jew that includes an interest obligation (VaYikra 25:35-36, Devarim 23:20, Shemot 22:24). Even if the loan was already illicitly made, it is further prohibited to follow through and actually pay or receive ribbit. In … [Read more...]
