This is a German SchutzenPanzer that was captured by Israel from one of the Arab armies in the 1960s. A lot of the Arab armies were still using armour and ground equipment dating back before 1945!! That would make this equipment at least 15 years old as opposed to Israel's up-to date equipment. This is posted in a general WW2 thing as it gives us the idea of what these vehicles looked like, even if it isn't exactly equipped in 1945 fashion. I am unsure of whether they were used as is or updated to suit the times. However, I doubt that you could put any decent level of armour on something that old for modern combat.
