Club Membership Fees - Concerns of Ribit
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Question
There is a store where to make a purchase, one must be a "club member." The membership fee is 30 shekels, and you receive 40 shekels to use next month. Is there ribit in this, or since it seems their goal is not for the purpose of the loan involved (agar natar) but to attract more potential buyers, is there no ribit?
Answer
Hello,
There is no prohibition of ribit in this.
This is not a loan.
Comments
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