The companies listed but not breaching international law are in the top 10 listed companies listed on the Tel Aviv Stock Exchange and make up over 80% of the market capitalisation of the stock exchange. It could be argued that Israel at a state is an Apartheid state, breaking international law and committing genocide, and a result of its actions, this has had a detrimental impact on the whole economy, safety and security of its citizens, and financial well being of companies domiciled and listed on the exchange. Members have the right to ask how these investments have been included in their portfolios from a financial "best interests" point of view, especially given the state of its actions and the potential for this conflict to grow bigger and spread across the region.
Company |
UN List (Breaching International Law) |
Country of Domicile |
Country of Listing or Private Company |
Afikim Public Transportation Ltd. |
YES |
Israel |
Not Listed - Private Company |
Airbnb Inc. |
YES |
United States |
United States |
Alon Blue Square Israel Ltd. |
YES |
Israel |
Israel |
Alstom S.A. |
YES |
France |
France |
Altice Europe N.V. |
YES |
Netherlands |
Netherlands |
American Israeli Gas Corporation Ltd. |
YES |
Israel |
Not Listed - Private Company |
Amir Marketing and Investments in Agriculture Ltd. |
YES |
Israel |
Israel |
Amnon Mesilot Ltd. |
YES |
Israel |
Not Listed - Private Company |
Amos Hadar Properties and Investments Ltd. |
YES |
Israel |
Not Listed - Private Company |
Angel Bakeries |
YES |
Israel |
Not Listed - Private Company |
Archivists Ltd. |
YES |
Israel |
Not Listed - Private Company |
Ariel Properties Group |
YES |
Israel |
Not Listed - Private Company |
Ashtrom Group Ltd. |
YES |
Israel |
Israel |
Ashtrom Industries Ltd. |
YES |
Israel |
Not Listed - Private Company |
Ashtrom Properties Ltd. |
YES |
Israel |
Israel |
Avgol Industries 1953 Ltd. |
YES |
Israel |
Israel |
Bank Hapoalim B.M. |
YES |
Israel |
Israel |
Bank Leumi Le-Israel B.M. |
YES |
Israel |
Israel |
Bank of Jerusalem Ltd. |
YES |
Israel |
Israel |
Bank Otsar Ha-Hayal Ltd. |
YES |
Israel |
Not Listed - Private Company |
Bank Otsar Ha-Hayal Ltd. |
YES |
Israel |
Israel |
Beit Haarchiv Ltd. |
YES |
Israel |
Not Listed - Private Company |
Bezeq, the Israel Telecommunication |
YES |
Israel |
Israel |
Bezeq, the Israel Telecommunication Corp Ltd. |
YES |
Israel |
Israel |
Booking Holdings Inc. |
YES |
United States |
United States |
Booking.com B.V. |
YES |
Netherlands |
Netherlands |
Brand Industries Ltd. |
YES |
Israel |
Israel |
C Mer Industries Ltd. |
YES |
Israel |
Israel |
C. Mer Industries Ltd. |
YES |
Israel |
Israel |
Café Café Israel Ltd. |
YES |
Israel |
Not Listed - Private Company |
Caliber 3 |
YES |
Israel |
Not Listed - Private Company |
Cellcom Israel Ltd. |
YES |
Israel |
Israel |
Check Point Software |
No |
Israel |
Israel |
Cherriessa Ltd. |
YES |
Israel |
Not Listed - Private Company |
Chish Nofei Israel Ltd. |
YES |
Israel |
Not Listed - Private Company |
Citadis Israel Ltd. |
YES |
Israel |
Not Listed - Private Company |
Comasco Ltd. |
YES |
Israel |
Not Listed - Private Company |
Cyberark Software |
No |
Israel |
Israel |
Darban Investments Ltd. |
YES |
Israel |
Not Listed - Private Company |
Delek Group Ltd. |
YES |
Israel |
Israel |
Delta Galil Industries Ltd. |
YES |
Israel |
Israel |
Delta Israel |
YES |
Israel |
Israel |
Dor Alon Energy in Israel 1988 Ltd. |
YES |
Israel |
Israel |
eDreams ODIGEO S.A. |
YES |
Luxembourg |
Luxembourg |
Egged, Israel Transportation Cooperative Society Ltd. |
YES |
Israel |
Not Listed - Private Company |
Egis Rail |
YES |
France |
Not Listed - Private Company |
Egis S.A. |
YES |
France |
Not Listed - Private Company |
Elbit Systems |
No |
Israel |
Israel |
Electra Ltd. |
YES |
Israel |
Israel |
Energix Renewable Energies Ltd. |
YES |
Israel |
Israel |
EPR Systems Ltd. |
YES |
Israel |
Not Listed - Private Company |
Expedia Group Inc. |
YES |
United States |
United States |
Export Investment Company Ltd. |
YES |
Israel |
Israel |
Extal Ltd. |
YES |
Israel |
Not Listed - Private Company |
Field Produce Ltd. |
YES |
Israel |
Not Listed - Private Company |
Field Produce Marketing Ltd. |
YES |
Israel |
Not Listed - Private Company |
First International Bank of Israel Ltd. |
YES |
Israel |
Israel |
Galshan Shvakim Ltd. |
YES |
Israel |
Not Listed - Private Company |
General Mills Inc. |
YES |
United States |
United States |
General Mills Israel Ltd. |
YES |
Israel |
Not Listed - Private Company |
Greenkote P.L.C. |
YES |
United Kingdom |
Not Listed - Private Company |
Hadar Group |
YES |
Israel |
Israel |
Hadiklaim Israel Date Growers Cooperative Ltd. |
YES |
Israel |
Not Listed - Private Company |
Hamat Group Ltd. |
YES |
Israel |
Israel |
Hot Mobile Ltd. |
YES |
Israel |
Not Listed - Private Company |
Hot Telecommunications Systems Ltd. |
YES |
Israel |
Not Listed - Private Company |
Indorama Ventures P.C.L. |
YES |
Thailand |
Thailand |
Industrial Buildings Corporation Ltd. |
YES |
Israel |
Not Listed - Private Company |
Israel Discount Bank Ltd. |
YES |
Israel |
Israel |
Israel Railways Corporation Ltd. |
YES |
Israel |
Israel |
Italek Ltd. |
YES |
Israel |
Not Listed - Private Company |
JC Bamford Excavators Ltd. |
YES |
United Kingdom |
Not Listed - Private Company |
Jerusalem Economy Ltd. |
YES |
Israel |
Not Listed - Private Company |
Kardan N.V. |
YES |
Netherlands |
Netherlands |
Kavim Public Transportation Ltd. |
YES |
Israel |
Not Listed - Private Company |
Lipski Installation and Sanitation Ltd. |
YES |
Israel |
Not Listed - Private Company |
Matrix IT Ltd. |
YES |
Israel |
Israel |
Mayer Davidov Garages Ltd. |
YES |
Israel |
Not Listed - Private Company |
Mayer’s Cars and Trucks Co. Ltd. |
YES |
Israel |
Not Listed - Private Company |
Mayer's Cars and Trucks Co. Ltd. |
YES |
Israel |
Not Listed - Private Company |
Mekorot Water Company Ltd. |
YES |
Israel |
Israel |
Mercantile Discount Bank Ltd. |
YES |
Israel |
Not Listed - Private Company |
Merkavim Transportation Technologies Ltd. |
YES |
Israel |
Not Listed - Private Company |
Mizrahi Tefahot Bank Ltd. |
YES |
Israel |
Israel |
Modi’in Ezrachi Group Ltd. |
YES |
Israel |
Not Listed - Private Company |
Modi'in Ezrachi Group Ltd. |
YES |
Israel |
Not Listed - Private Company |
Mordechai Aviv Taasiot Beniyah 1973 Ltd. |
YES |
Israel |
Israel |
Motorola Solutions Inc. |
YES |
United States |
United States |
Motorola Solutions Israel Ltd. |
YES |
Israel |
Not Listed - Private Company |
Municipal Bank Ltd. |
YES |
Israel |
Not Listed - Private Company |
Naaman Group Ltd. |
YES |
Israel |
Not Listed - Private Company |
Natoon Group |
YES |
Israel |
Not Listed - Private Company |
Nice |
No |
Israel |
Israel |
Nof Yam Security Ltd. |
YES |
Israel |
Not Listed - Private Company |
Ofertex Industries 1997 Ltd. |
YES |
Israel |
Not Listed - Private Company |
Opodo Ltd. |
YES |
United Kingdom |
United Kingdom |
Partner Communications Company Ltd. |
YES |
Israel |
Israel |
Paz Oil Company Ltd. |
YES |
Israel |
Israel |
Pelegas Ltd. |
YES |
Israel |
Not Listed - Private Company |
Pelephone Communications Ltd. |
YES |
Israel |
Not Listed - Private Company |
Proffimat S.R. Ltd. |
YES |
Israel |
Not Listed - Private Company |
Rami Levy Chain Stores Hashikma Marketing 2006 Ltd. |
YES |
Israel |
Israel |
Rami Levy Hashikma Marketing Communication Ltd. |
YES |
Israel |
Not Listed - Private Company |
Re/Max Israel |
YES |
Israel |
Not Listed - Private Company |
Shalgal Food Ltd. |
YES |
Israel |
Not Listed - Private Company |
Shapir Engineering and Industry Ltd. |
YES |
Israel |
Israel |
Shufersal Ltd. |
YES |
Israel |
Israel |
Sonol Israel Ltd. |
YES |
Israel |
Not Listed - Private Company |
Superbus Ltd. |
YES |
Israel |
Not Listed - Private Company |
Supergum Industries 1969 Ltd. |
YES |
Israel |
Not Listed - Private Company |
Tahal Group International B.V. |
YES |
Netherlands |
Netherlands |
Teva Pharma |
No |
Israel |
Israel |
TripAdvisor Inc. |
YES |
United States |
United States |
Twitoplast Ltd. |
YES |
Israel |
Not Listed - Private Company |
Unikowsky Maoz Ltd. |
YES |
Israel |
Not Listed - Private Company |
Villar International Ltd. |
YES |
Israel |
Israel |
Wix.com |
No |
Israel |
Israel |
YES |
YES |
Israel |
Not Listed - Private Company |
Zakai Agricultural Know-how and inputs Ltd. |
YES |
Israel |
Not Listed - Private Company |
ZF Development and Construction |
YES |
Israel |
Not Listed - Private Company |
ZMH Hammermand Ltd. |
YES |
Israel |
Israel |
Zorganika Ltd. |
YES |
Israel |
Not Listed - Private Company |
Zriha Hlavin Industries Ltd. |
YES |
Israel |
Not Listed - Private Company |
*Source: United Nations, Bloomberg, MSCI Israel Index, December 2023