Concern of ribit in a loan for leverage | Interest on loans | Ask the Rabbi - SHEILOT.COM

Concern of ribit in a loan for leverage

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Question

Is there an issue of ribit (forbidden interest) when trading with leverage on a crypto exchange owned by non‑Jews, where one pays the exchange a small interest on the loan used for the leverage, and it is possible that there is also partial Jewish ownership through Jews holding shares in the exchange?

Answer

Shalom and blessings 

It is permitted to borrow from them with interest. 

There is no need to be concerned about Jewish ownership.

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