Investing in Israeli stocks | Heter Iska | Ask the Rabbi - SHEILOT.COM

Investing in Israeli stocks

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Question

Is it permitted to invest in Israeli stocks or Israeli indexes without a heter iska? Is there any difference between types of stock-exchange investments with regard to the need for a heter iska?

Answer

שלום וברכה 

Investments in Israeli stocks require kashrut supervision, since they are presumed to be owned by Jews, and a Jew is forbidden to invest in Shabbat violations and other prohibitions. 

It is permitted to invest in shares of companies abroad, since they are presumed to be owned by non‑Jews. 


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