The company has a general heter iska, but no heter iska was signed in the contract | Interest on loans | Ask the Rabbi - SHEILOT.COM

The company has a general heter iska, but no heter iska was signed in the contract

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Question

Hello.

He signed for a pinui-binui (urban renewal) project, and the executing company has a general heter iska, but he did not sign a heter iska in the contract. Does it nevertheless take effect?

Answer

Shalom u’vracha.

By the letter of the law it is effective; ideally, however, he should sign a heter iska.

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