Keren Kayemet Le-Yisrael (KKL; Jewish National Fund; Fund for Land Acquisition)
KEREN KAYEMET LE-YISRAEL (KKL; Jewish National Fund; Fund for Land Acquisition)
Jewish organization founded in 1901, for the purpose of purchasing land in Palestine for new immigrants wanting to settle there. The political and economic role it played in the construction of the State of Israel was primordial. As the owner of much of the land in Israel, the KKL signed, on 1 August 1960, an accord with the government that stipulated that the land is an inalienable national property, not susceptible to ownership, but only held in trust for a period of forty-nine years, as in the biblical Jubilee.
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Keren Kayemet Le-Yisrael (KKL; Jewish National Fund; Fund for Land Acquisition)
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Keren Kayemet Le-Yisrael (KKL; Jewish National Fund; Fund for Land Acquisition)