The Silver Menorah Award () was established in Israel in 1988. It was issued for works in film industry in 1986-1988 and 1989. In 1990 it was superseded by the Israeli Film Academy Awards (now known as the Ophir Awards).
The first ceremony was held in September 1988, for the films produced during 1986–1988. It was supposed to replace the nickname "Israeli Oscar" given in the several previous years for Israeli feature films, such as the Israeli Film Center Award () or Kinor David award. It was intended for the films released between February 1986 and July 1988 and which did not participate in any previous awards. 35 films were selected to take part in the competition.טכס הענקת פרסי מנורת הכסף: לסרטים וליוצרים ישראליים מצטיינים בשנים 1986-1988 (Silver Menorah Awards Ceremony : For outstanding Israeli films and creators in the years 1986-1988) "מנורת הכסף"-השם העברי שיהליף את "האוסקר, Maariv, August 9, 1988
1988 ceremony 1986-1987 films Late Summer Blues (1987), Best Film award, best screenwriter award for Doron Nesher, best musical score for "מנורת הנסך למצט״ני הקולנוע הישראלי, Hadashot, September 19, 1988 Shtei Etzbaot Mi'Tzidon (1986) (, lit. "Two Fingers from Sidon"), known in English releases as Ricochets; Best Film award, best director award for Eli Cohen, best cinematographer award for
1987-1988 films (1987), Best Film award Aviya's Summer Best Actress" for Gila Almagor, "Best Director" for Eli Cohen, special mention for the performance of a child for Kaipo Cohen
1989 ceremony (1988); awards: Best film, direction - , lead actor - Shlomo Bar-Aba, supporting actress - , editing - Tova Asher, photography - Amnon Salomonנישואין-פיקטיבייםנישואין פיקטיביים
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