This isn’t a conspiracy theory. Listen to former Israeli officials such as Brig. Gen. Yitzhak Segev, who was the Israeli military governor in Gaza in the early 1980s. Segev later told a New York Times reporter that he had helped finance the Palestinian Islamist movement as a “counterweight” to the secularists and leftists of the Palestine Liberation Organization and the Fatah party, led by Yasser Arafat (who himself referred to Hamas as “a creature of Israel.”)
“The Israeli government gave me a budget,” the retired brigadier general confessed, “and the military government gives to the mosques.”
~ Mehdi Hasan, "Blowback: How Israel Went From Helping Create Hamas to Bombing It," The Intercept, February 19, 2018
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