Archive for December, 2013

Is Interest Forbidden for Jews?

in ethical

The most often discussed issue with respect to corporations is that of “ribit” – lending or borrowing at interest from a Jew. The Tosefta (Bava Metzia 5:8) clearly states that the prohibition of interest is dependent only on who owns the lent funds – not on who manages them. Since these funds belong jointly to… More

Shareholder Explained

in kosher

There are halakhic authorities who absolve the average shareholder of any responsibility for the actions of the companies whose shares he owns. The ultimate basis of the lenient position is the perception of the investor not as an owner, but rather as a creditor. Stock purchasers lend money to the company in return for a… More