The 1934 Palestine Cup (Hebrew: הגביע הארץ-ישראלי, HaGavia HaEretz-Israeli) was the sixth season of Israeli Football Association's nationwide football cup competition. The defending holders were Maccabi Tel Aviv. For the second year in a row, Maccabi Tel Aviv and Hapoel Tel Aviv met in the final. This time the winners were Hapoel Tel Aviv, winning their second final.