Makassed Islamic Charitable Society was officially established in 1956. It is a Palestinian non-profit, non-governmental organization that provides diversified humanitarian services in the Holy Land in accordance with its by-laws, without discrimination by color, religion, creed, or political belief.

In 1964, the society began construction of the hospital on the Mount of Olives in Jerusalem. The hospital was officially inaugurated in 1968 as a small community hospital with several departments and a limited number of beds.  

Makassed Hospital today is the leading medical center in Palestine, providing secondary and tertiary health services for the citizens.  

The hospital is kept running through donations contributed by various countries and charitable institutions all over the world, in addition to income from insured and paying patients.  

Makassed Hospital has 250 beds and is staffed by 560 employees.