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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