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  Home Page  > Press Releases  > Press Release 
Office of the Spokesperson and Economic Information

07.03.10
 
The Bank of Israel opposes the Charities Law proposed by M.K Rabbi Moshe Gafni
 
The Bank of Israel opposes the Charities Law proposed by M.K Rabbi Moshe Gafni. The Supervisor of Banks advised accordingly in discussions with the Ministry of Finance, the Ministry of Justice and M.K Gafni. The Bank of Israel's position was expressed in the standpoint of the Ministry of Justice submitted to the Ministerial Committee on Legislation.
The Bank states that it is aware of the great importance attached to charity by Jews for centuries, and is in favor of a legal solution to the issue consistent with Israel's banking laws.
   
   
   
   
 
 
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