Investing in Israeli stocks
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.
Answered by
Answers questions at Rav Amram Fried's Beit Horaah
Smicha "Yoreh-Yoreh" (2012), Rav Amram Fried's Beit Horaah
Orach Chaim, Yoreh Deah
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