Jewish banks and lending clubs
There are mortgage banks and lending clubs that are owned by Jews who unfortunately do not have a heter Iska, and therefore any interest-bearing transaction is halachically prohibited.
The Business Halacha Institute, along with many other organizations, work closely with banks and lending facilities to draft, update, and customize Iska agreements.
Below is a list of some of the businesses under the BHI guidance.
Note: the BHI does not certify any companies, the list only indicates that they are under BHI guidance.
Kosher Bank Directory
KFI is an organization that identifies banks and lending institutions that are kosher certified according to Jewish law.
“Cross River is proud to partner with BHI in navigating the intricate intersection of modern financial services and halacha. Our sophisticated and multifaceted operations require strict adherence to complex guidelines, and through BHI’s commitment to precision and their deep understanding of the halachic landscape, they help us maintain uncompromising compliance with halachic principles while delivering innovative financial solutions. They are an invaluable partner in upholding our shared values.”
