Got Questions on Business Halacha? This Expert Has Answers

Interview with Rabbi Mordechai Zev Hecht, Dayan Beth Din of East Flatbush and expert in Business Halacha, instructor for the upcoming Lemaan Yilmedu course in Business Halacha.

Q: Why is it important to learn Business Halacha?

We go about our daily lives as practicing, moral Jews, intending to follow Halacha, but intention alone is not enough. Learning business Halacha is essential for maintaining ethical standards and ensuring that Jewish legal principles guide our financial dealings. 

Learning business Halacha equips you with the tools to navigate the complexities of modern financial life while remaining true to Jewish values. It offers a framework for resolving disputes while ensuring that dignity and respect are preserved in all business dealings.

People often unknowingly make mistakes in business because they are not familiar with the intricacies of Jewish law. This lack of knowledge can lead to conflicts, dishonesty, or unintended violations of Halacha. By studying business Halacha, individuals can align their financial decisions with Torah values, avoid unnecessary disputes, and resolve conflicts in a manner that upholds dignity and respect, both on their own and, in worst case scenarios, in a Beis Din setting.

Q. What are some examples of concepts covered in the Business Halacha course?

‍The course delves into essential topics ranging from Ribbis and Heter Iska to employee relations, partnerships, and intellectual property. It also covers geneivat da’at (deception) and ona’ah (overcharging or underpaying), and helps participants avoid unethical practices that might be legally permissible in civil courts but are prohibited by Torah.

Q. What is the difference between going to civil court vs. Beis Din?

‍By turning to civil courts to resolve financial disputes, individuals may not only be violating Halachic principles but also wasting significant amounts of money and time. In contrast, Batei Din are designed to resolve matters efficiently, with sensitivity to justice and compassion. The Torah’s approach to business conflicts emphasizes fairness, equity, and maintaining peace within the community.

Q: Who would benefit from this course?

‍Learning business Halacha is not only for Rabbonim and Dayanim. Every Jew in a business is required - just as they need to learn laws of Tefillin and Shabbos - to learn the laws of everyday business law - to ensure morality, ethics and integrity. An entrepreneur unsure of how to structure his business according to Jewish law, or a seasoned professional facing new challenges, or anyone curious about this fascinating subject, would all benefit from this course. 

Learn More Today!

The course is tailored for busy professionals. With convenient two-hour online weekly classes, this program easily fits into your demanding schedule. 

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