How Does a Heter Iska Work?
Andy Gross, a businessman who is proud that he is now observing mitzvos, is on time for his appointment. After a brief greeting, I ask him what brings him to my office on this beautiful morning.
“I recently learned that even though the Torah prohibits paying or receiving interest, there is something called a heter iska that legalizes it. How can we legitimize something that the Torah expressly prohibits?”
Indeed, Andy’s question is both insightful and important, and deserves a thorough explanation. Why don’t you join us by reading the attached article?
