Taking a bank loan in order to lend to another
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Question
My daughter invested in digital currencies. In order to redeem the investment, she has to pay in advance a conversion fee from shekels to digital currencies. Am I allowed to take a loan with interest from the bank in order to lend her the money for paying this fee?
Answer
שלום וברכה
You are permitted to take a loan from the bank under a "heter iska" arrangement, and then lend it to your daughter without her paying any interest.
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