Clal Group, legally known as Clal Insurance Enterprises Holdings Ltd., is one of Israel's largest and most stable financial companies. Established in 1962, it provides comprehensive solutions for long-term savings, including life insurance, pensions, provident funds, and general insurance. Through its investment arm, Canaf, it manages hundreds of billions of NIS in assets, making it a major institutional investor in the Israeli economy. The group also operates in the credit card industry through Max.