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Rami Levi Chain Stores Hashikma Marketing 2006 Ltd

RMLI

2

exclusion reasons

1 theme

Geopolitical Conflict (2)
RMLI Current as of March 2026

This page is part of our public exclusion list — a transparency tool that shows which companies we screen out and why. It is not investment advice, and it is not an accusation. But it is subject to change as our understanding of the facts evolves.

Rami Levi Chain Stores Hashikma Marketing 2006 Ltd is Israel's third-largest grocery retail chain. The company owns real estate and operates stores in occupied territories in the West Bank and the Golan Heights. Its corporate headquarters is located in an illegal Israeli settlement in the occupied Golan Heights.

The company is listed in the United Nations Human Rights Council's database of business enterprises involved in activities related to Israeli settlements, pursuant to Resolution 31/36. This database identifies companies operating in occupied Palestinian territory in violation of international law. Research by Who Profits, a project monitoring the economic activities that sustain occupation, specifically documents Rami Levy's operations in these territories.

Conflict & War Zones
Since Mar 6, 2019

Rami Levi Chain Stores Hashikma Marketing 2006 Ltd operates five supermarkets in the West Bank, part of its network of 44 discount supermarkets across Israel. The company's commercial operations in this active conflict zone are documented in the United Nations database of business enterprises involved in activities relating to Israeli settlements. By establishing and operating retail infrastructure in occupied territory, the company's presence materially supports and normalizes the settlement economy, which sustains the conditions of conflict. No evidence suggests these operations provide an essential civilian service that would leave the local population materially worse off if withdrawn; they are commercial ventures that integrate the occupied territory into the Israeli market.

Research Sources 1 organization

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Companies appear on our exclusion list based on our investment judgment — not because they've done anything illegal. This is a difference of values and opinion, not an accusation of wrongdoing. Exclusion does not constitute a recommendation against investing in any company, and absence from the list does not constitute a recommendation to invest.

This information is provided for educational and transparency purposes only and should not be relied upon as investment advice. Data is drawn from independent watchdogs, NGOs, government registries, and Ethical Capital's ongoing research — see Research Sources for the full list.

Ethical Capital LLC is a state-registered investment adviser in Utah (CRD #316032). Registration does not imply a certain level of skill or training.