Heter Iska Department
A Halachic Framework for Kosher Financial Agreements
A Heter Iska is a halachic contract that transforms a loan—which would typically involve forbidden interest (ribbis)—into a permissible business investment under Jewish law. It allows for profit-sharing between lender and borrower while maintaining compliance with halachic standards.
Are you a bank or a private lending company looking for a heter iska. We strongly encourage that you use our customized heter iska service as there are many issues that can arise from using standard heter iskas
Why It’s Important
Protecting Your Dealings – The Right Way
A Heter Iska isn’t just a formality—it’s essential to ensure your financial transactions remain within the bounds of halacha. Without it, common business loans or investments may inadvertently involve prohibited ribbis.
Get a rabbinically approved Heter Iska template to use for your business or personal loan arrangements.
וזה לשון היערות דבש (דף קכד) "וכבר מצאו חז"ל נוחי נפש תקנה בעשיית שטר עיסקא אבל צריך להזהר בו ולעשות הכל כדינו כי רבו דיניה ויקצר הזמן והיריעה לדורשו ברבים, אבל מ"מ מי האיש החפץ חיים ולקום בתחיית המתים ישאל פי חכם בעשותו הלואה כזו" עכ"ל.
Need a Customized Heter Iska?
Not every heter iska is one-size-fits-all.Many standard documents don’t fully address the unique needs of your business, investment, or financial arrangement.
We can help you create a heter iska that is:
Customized to your exact situation
Halachically sound and reliable
Clear and practical for both parties