Announcement that the United Methodist General Board of Pension and Health Benefits has blacklisted five Israeli banks that invest in West Bank settlements has drawn both praise and ire from various groups.
The International Fellowship of Christians and Jews issued a sharp rebuke of the announcement, saying that "the United Methodist Church decision to blacklist some Israeli banks as a desperate attack by a shrinking religious movement.
“Boycotting divides people and stirs deeper hatred for Israel and the Jewish people, rather than encouraging peace between Israelis and Palestinians,” said Rabbi Yechiel Eckstein, founder and president of The Fellowship.
As of December 2015
Companies Excluded Under the General Board/Wespath Human Rights Guideline
- Agrium, Inc.
- Avichina Industry & Technology Co.
- Bank Hapoalim B.M.
- Bank Leumi Le-Israel B.M.
- China Communications Construction Co.
- China Petroleum & Chemical Corporation
- Consolidated Infrastructure Group ltd.
- Daewoo International Corp.
- Dongfeng Motor Group
- Egypt Kuwait Holding Company
- Elbit Systems Ltd.
- Elseweddy Electric Co.
- Energy House Holding Co. K.S.C., The
- First International Bank of Israel Ltd.
- GDF Suez S.A.
- Glencore plc
- Harbin Electric Co.
- Incitec Pivot Limited
- Indian Oil Corporation Ltd
- Israel Discount Bank Ltd.
- JX Holdings
- Kuwait Finance House K.S.C.P.
- Managem S.A.
- Mangalore Refinery and Petrochemicals Ltd.
- MENA Hydrocarbons Inc.
- Mizrahi Tefahot Bank, Ltd.
- Oil and Natural Gas Corporation
- Oil India Ltd
- Orascom Telecom Media and Technology
- Orca Gold Inc.
- PetroChina Co. Ltd.
- Potash Corporation of Saskatchewan Inc.
- S.A. OCP
- Shandong Molong Petroleum Machinery Co.
- Shikun & Binui Ltd.
- Siberian Mining Group Company Ltd
- Sinopec Kantons Holdings Ltd.
- Statesman Resources Ltd.
- Wärtsilä Oyj Abp