
The Laws Of Ribbis (Interest)
The laws of interest and their application to everyday life and business.The Torah forbids a Jew to accept or pay interest on a loan from a fellow Jew. Simple? No, not at all. Because the prohibition is not necessarily limited to the sort of formal interest charges that one sees on the monthly credit card or mortgage statement. What about pre-payment discounts? Barter arrangements? Third-party payments? Filling up the gas tank after borrowing a car? Not everything is forbidden, of course, but the laws of ribbis -- a more accurate and embracing term than 'interest' -- are not only complex, they relate to everyday life in countless ways that the average man or woman never thought of. Hence this path finding book. It is thorough, yet practical; detailed, yet clear; scholarly, yet written for the layman as well. It provides copious footnotes, yet its text is thoroughly comprehensible. This book is probably the finest English-language guide ever written on the topic