Devon Bank
Heter Iska interest-free loans
6445 North Western Ave, Chicago, IL 60645
Devon Bank offers Heter Iska financing designed to comply with Jewish law by avoiding conventional interest (ribbis). The financing structure operates as a partnership with profit-sharing under strict reporting requirements, with the option to pay a specified rate in lieu of profit sharing, using a Heter Iska prepared by the Chicago Choshen Mishpat Institute.
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Contact source checked 2026-11-04
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Customers should consult with a competent rabbi regarding halachic questions. Financing available for mortgages, commercial loans, and other lending products.
Address as listed on the organization's website, checked 2026-11-04
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Common questions
Is there an interest-free loan society in New York?
Hebrew Free Loan Society in New York makes interest-free loans to New Yorkers for needs such as education, business and emergencies.
Source: Hebrew Free Loan Society: Hebrew Free Loan Society (HFLS) - Interest-free Loans for Those In Need · checked 2026-11-07
Short summaries written by JRA, linked to the source each one is based on. General information, not a halachic ruling.
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