Pension fund under kashrut supervision | Heter Iska | Ask the Rabbi - SHEILOT.COM

Pension fund under kashrut supervision

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Question

Is it permissible lechatchila to choose a pension track (pension fund) that invests in bonds based on a general heter iska, when the investment is under the kashrut supervision of the Badatz of the Edah HaChareidis, or is there a concern of the prohibition of interest (ribit)? Is there any halachic benefit in my declaring in writing (giluy daat) that I do not wish to acquire a share in those parts of the investment that involve a concern of prohibition, or does such a declaration not help in practice?

Answer

Shalom u’vracha.

Investments require kashrut supervision.

If the investment has the hechsher of the Edah HaChareidis, it is permitted to invest.

I did not understand to which part the Edah HaChareidis hechsher does not apply.


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