Tuesday, June 10, 2008

The mitzvah of lending money


Today we begin a new topic: lending money.

We are biblically instructed to lend money to people in need of loans, whether those people are destitute or not.

Loans are viewed, from a Torah perspective, as the highest form of tzedakah, because this is a form of aid which enables the recipient to build wealth with dignity.

[Note that because the law prohibits accepting interest payments on loans, a loan is truly an act of charity.]

(Shulchan Aruch Choshen Mishpat 97:1)

Have a great day,

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