827. Deputy Cian O'Callaghan asked the Tánaiste and Minister for Finance the number of companies that the Ireland Strategic Investment Fund has active investments with that are operating in illegally occupied Palestinian Territories according to the UN database; the size of each investment in euros; and if he will make a statement on the matter. [59163/26]

The Government has made it clear that it opposes illegal Israeli settlements, which are contrary to international law and damaging to the pursuit of peace in the Middle East. Ireland has not been found wanting in its support of the Palestinian people and has taken practical steps at national, EU and international levels. We have been a clear and leading voice on this. Ireland has provided significant financial support to the people in Palestine since January 2023.

It is important to say from the outset that ISIF, has complete independence in implementing its investment strategy under the NTMA Acts through an investment committee that reports to the NTMA's board.

With regard to the established UN Human Rights Council database (the UN Database) identifying businesses involved in specific activities which was first issued in 2020, updated in June 2023 and most recently updated in September 2025, ISIF has taken an investment decision to divest from six companies, all of which remain on the updated UN Database, with a total value at the time of the divestment decision of approximately €2.95m. The six companies are Bank Hapoalim BM; Bank Leumi-le Israel BM; Israel Discount Bank Ltd; Mizrahi Tefahot Bank Ltd; First International Bank Ltd and Rami Levi Chain Stores Ltd.

It is important to state that the type of companies on the UN database where ISIF still has holdings are ones that operate all over the world and that ISIF's investment in them represents a very small proportion of its overall investments.

Please see holdings at end 2025 as per the updated UN Database list below which ISIF continues to monitor.

Table 1 – ISIF UN Database Holdings YE 2025

ISIF will continue to monitor its holdings to ensure that investments remain aligned with its risk profile and investment parameters. ISIF does not comment on individual investments, however a list of ISIF investments is available in the published NTMA Annual Report 2025.