According to tradition, the committee was established by Nachmanides, which served as a community binder for Jews for many years during Byzantine and Ottoman occupation of the Land of Israel.

[2] Further fracturing in the community became evident after the death of Yaakov Shaul Elyashar in 1906, leading to a power struggle for the role of chief rabbi.

[4] The committee was diminished following the Holocaust, where many communities of Sephardi Jews in places like Thessaloniki, Bulgaria, and Yugoslavia were killed or fled.

The power of the committee was further weakened by struggles within the Sephardic community during the leadership of Eliyahu Elyashar and David Seton [he].

They owned a plot of land at the Mount of Olives for burial of their members, residential buildings for housing, and shops in Jerusalem.

The Committee continued to manage the Misgav Ladach even after the establishment of the State of Israel[7] and built a new building for it in Katamon despite opposition from the Ministry of Health.