5 Lirot pound Kibbutz Hafetz Haim

Kibbutz scrip occupies a genuinely unusual corner of Israeli notaphily. Hafetz Haim, a religious kibbutz founded in 1944 near Gedera and affiliated with the Mizrachi movement, issued internal currency for use within the kibbutz economy — a closed system where members drew goods and services rather than wages. This note circulated not as legal tender but as an internal accounting instrument, redeemable only within the kibbutz's own cooperative framework.

The kibbutz takes its name from the influential Polish rabbi and halachic authority Yisrael Meir Kagan. By 1973, such scrip issues were already becoming anachronistic as kibbutzim modernized their internal bookkeeping.