According to the report, a month’s stipend for a jailed terrorist can be up to $3,470 a month. A new anti-terror law will be adopted in the West Bank, which will make the  “pay for slay” stipends unlawful. The law will state that any person that makes a financial transaction which “supports, promotes, fund or rewards” terror activities will be subject to a prison sentence of up to 10 years.

This law was supposed to come into effect on May 9, 2020, in the West Bank.

Three weeks before the law was to come into effect, PMW warned banks of their liability if they were to continue payments to terrorists. The Association of Banks in Palestine wrote to the PA’s Finance Minister to describe the consequences the banks will go through if they maintained accounts that make payments to terrorists.

“Based on the plenary session of the Association of Banks [in Palestine], all the banks hereby ask Your Honor to stop transferring any sums into these accounts,” wrote the bank representatives. “The banks will transfer the balances in these accounts to the Ministry of Finance’s account.”