Paying a High Price for Damage
Question
A young man borrowed cufflinks from his friend and lost them. Is there a prohibition of ribit (interest) if he returns more expensive cufflinks to him, or pays him money in an amount greater than the price of the cufflinks he lost?
Answer
This is not considered ribit, since it is payment for a loss.
Comments
Have an additional question on this topic or need clarification? Leave your comment below. (Please note that the comment will not be published but will be sent directly to the answering Rabbi for review and a private response)
