Detailed
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A form with blank spaces for various details to be filled in --it is a Shtar Iska --the basis of a business relationship where one Jew can lend the other money and become in fact some form of partners, where if a profit is made, that profit is divided, and if turns out to be a loss, that also is divided.
The final line of this document states "this heter is so that we do not stumble on"Ribit" [the prohibition against interest].
A Jew is prohibited from charging interest (ribit) to another Jew. The Heter 'Iska was developed by the Rabbis in order to structure business transactions in such a manner as to avoid running afoul of the prohibitions against ribit. The Heter 'Iska principle is based upon the borrower and lender agreeing to be partners in a business venture, whereby one partner invests money and the other uses his entrepreneurial skills to manage the venture. The investor-partner can thereby earn "profit" attributable to his portion of the joint business venture, and the sharing of such profit by the manager-partner would not constitute payment of interest upon a loan. The arrangement thus has characteristics of both a loan and a trust.
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