HETER ISKA IIHeter Iska Agreement • October 24th, 2022
Contract Type FiledOctober 24th, 2022There are two basic types of heter iska that are written today; one is a chatzi milveh chatzi pikadon (half loan half investment) and the other is a kulo pikadon )all investment). As a rule, money for which the recipient takes responsibility, is considered a loan, while money he is not responsible for is viewed as an investment.