KFI Kosher Financial Institute
Financial Services - N/A, N/A, us
KFI Kosher Financial Institute Employees
KFI Kosher Financial Institute Details
The KFI seal of approval empowers financial institutes by opening them to a rapidly expanding faith-based business sector upon receipt of approval as a Kosher Financial Institution. Our approval proves the acceptability of such businesses to the Jewish clientele by assuring these consumers that a qualified institute meets all the kosher criteria required from a financial institution. Kosher, which translates as fit, essentially covers every gamut of an Orthodox Jew's life from eating to lending. Just as an Orthodox Jew won't eat food that isn't certified kosher, so does an Orthodox Jew look for kosher financial institutions. The KFI certification assures that your business achieves the instant trust of the ever-expanding market of Orthodox Jewish clientele and beyond, who upon noting the KFI seal of approval will be completely confident about doing business with your agency. Whether purchasing a home, starting a business or investing capital, people avail themselves of various types of funding on a regular basis. This results in numerous halachic issues and sometimes pitfalls, of which the public may be unaware. Any loan that involves a bank, mortgage company, hard money lender, credit card company, or other financial institution, may have a potential halachic problem. Namely, if even part of the institution is owned by a Jewish person, the prohibition of lending on interest applies. KFI will guide your business through any of the steps necessary to certify your institution as compliant and 100% kosher, opening new doors among the burgeoning Orthodox Jewish community.
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