Oslo (Quds News Network)- Norway’s $2 trillion sovereign wealth fund, the world’s largest, announced Monday it will exclude another six Israeli companies tied to illegal settlements in the occupied West Bank and the ongoing genocide in Gaza from its portfolio following an ethics review. The wealth fund did not name the companies it had decided to exclude. The announcement comes one week after the fund said it was selling its investments in 11 Israeli companies over concerns about affairs in the West Bank and Gaza. The fund launched an urgent review earlier this month after reports that it had built a stake in an Israeli jet engine group that provides services to the Israel military, including the maintenance of fighter jets. “We are invested in companies that operate in a country at war, and conditions in the West Bank and Gaza have recently worsened. In response, we will further strengthen our due diligence,” the fund’s CEO Nicolai Tangen said in a statement last week. As of August 14, the fund had some $1.86 billion invested in 38 companies listed in Israel, the fund’s operator Norges Bank Investment Management said, a reduction of 23 companies since June 30. “More companies could be excluded,” Norwegian Finance Minister Jens Stoltenberg told reporters. The fund said the names of the six companies in Monday’s announcement would be made public, along with specific reasons, once the divestments were completed. One possibility is that they include Israel’s five largest banks, which have been under review by the fund’s ethical watchdog. Separately, the fund said it had also sold stakes in six other companies, following a decision last week to only hold stakes in Israeli companies that are part of the fund’s benchmark index. Last Monday, the fund announced it was terminating contracts with all three external asset managers who handled some of its Israeli investments. This latest decision follows a growing trend among major European investment funds, many of which have severed ties with Israeli companies due to their involvement in the Gaza genocide or connections to illegal settlements in the occupied West Bank.