Banking (Interest)

Report: Fed may raise interests raise by March

Federal Reserve will likely announce a raise in interest rates as early as March.

Rabbi Ariel: 'Banks are the Last Place to Borrow Money From'

Ramat Gan's Chief Rabbi discusses Halachic prohibition against charging interest and "heter iska" with Arutz Sheva.

Anti-Debt Activist Pleased by Bennett’s Bill

Anti-debt NGO happy with Bennett’s proposal to strengthen the Post Office bank. ‘It’s time for real competition.’

Economy Expanding, Employment Up

Bank of Israel decides to leave interest rate unchanged for July at 3.25 percent to support further growth, while maintaining stability.

Knesset Law Keeps Consumer Purchases 'Kosher'

A new Knesset law dealing with the consumer's right to cancel phone transactions is now "kosher," thanks to the intervention of a Knesset member

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