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  <xs:element name="InternationalAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_InternationalAbstract"/>
  <xs:element name="NetIncomeAttributableToFormulaSShareholdersBasicAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_NetIncomeAttributableToFormulaSShareholdersBasicAbstract"/>
  <xs:element name="NetIncomeAttributableToFormulaSShareholdersDilutedAbstract" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_NetIncomeAttributableToFormulaSShareholdersDilutedAbstract"/>
  <xs:element name="NumberOfSharesUsedInComputingAbstract0" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_NumberOfSharesUsedInComputingAbstract0"/>
  <xs:element name="LiabilitiesInRespectOfBusinessCombinations" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_LiabilitiesInRespectOfBusinessCombinations"/>
  <xs:element name="CommitmentAndContingencies" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_CommitmentAndContingencies"/>
  <xs:element name="NetOfAllowancesForCreditLosses" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_NetOfAllowancesForCreditLosses"/>
  <xs:element name="NumberOfTreasurySharesOutstanding" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="instant" nillable="true" substitutionGroup="xbrli:item" id="forty_NumberOfTreasurySharesOutstanding"/>
  <xs:element name="ProprietarySoftwareProductsAndRelatedServicesUnderCostOfRevenue" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_ProprietarySoftwareProductsAndRelatedServicesUnderCostOfRevenue"/>
  <xs:element name="SoftwareServicesAndOtherRelatedToCostOfRevenue" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_SoftwareServicesAndOtherRelatedToCostOfRevenue"/>
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  <xs:element name="ForeignExchangeDifferencesOnTranslationOfForeignOperationsFromDiscontinuedOperations" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_ForeignExchangeDifferencesOnTranslationOfForeignOperationsFromDiscontinuedOperations"/>
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  <xs:element name="DividendToFormulasShareholders" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_DividendToFormulasShareholders"/>
  <xs:element name="TransactionsWithNonControllingInterestsDueToHoldingChangesIncludingExerciseOfEmployeesStockOptions" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_TransactionsWithNonControllingInterestsDueToHoldingChangesIncludingExerciseOfEmployeesStockOptions"/>
  <xs:element name="AcquisitionOfNoncontrollingInterests" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_AcquisitionOfNoncontrollingInterests"/>
  <xs:element name="SettlementAndExpirationOfPutOptionsOverNoncontrollingInterests" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_SettlementAndExpirationOfPutOptionsOverNoncontrollingInterests"/>
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  <xs:element name="NoncontrollingInterestsArisingFromInitiallyConsolidatedCompanies" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_NoncontrollingInterestsArisingFromInitiallyConsolidatedCompanies"/>
  <xs:element name="IssuanceOfRestrictedSharesToEmployees" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_IssuanceOfRestrictedSharesToEmployees"/>
  <xs:element name="ForeignExchangeDifferenceOnTranslationOfForeignOperationsFromDiscontinuedOperations" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_ForeignExchangeDifferenceOnTranslationOfForeignOperationsFromDiscontinuedOperations"/>
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  <xs:element name="AdjustmentsForIncreaseDecreaseInDeferredIncomes" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_AdjustmentsForIncreaseDecreaseInDeferredIncomes"/>
  <xs:element name="PaymentsForBusinessAcquisitionsNetOfCashAcquired" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_PaymentsForBusinessAcquisitionsNetOfCashAcquired"/>
  <xs:element name="ProceedsFromDisposalOfSubsidiaryDiscontinuedOperationAppendixD" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_ProceedsFromDisposalOfSubsidiaryDiscontinuedOperationAppendixD"/>
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  <xs:element name="RepaymentOfLongTermLiabilitiesToOfficeOfTheChiefScientist" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_RepaymentOfLongTermLiabilitiesToOfficeOfTheChiefScientist"/>
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  <xs:element name="OperatingLeaseLiabilities" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_OperatingLeaseLiabilities"/>
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  <xs:element name="LiabilityToFormerlyShareholders" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_LiabilityToFormerlyShareholders"/>
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  <xs:element name="AssetsAndLiabilitiesPropertyAndEquipment" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_AssetsAndLiabilitiesPropertyAndEquipment"/>
  <xs:element name="AssetsAndLiabilitiesGoodwillAndIntangibleAssets" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_AssetsAndLiabilitiesGoodwillAndIntangibleAssets"/>
  <xs:element name="RightofuseAsset" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_RightofuseAsset"/>
  <xs:element name="AssetsAndLiabilitiesOtherLongtermAssets" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_AssetsAndLiabilitiesOtherLongtermAssets"/>
  <xs:element name="SubsidiariesAssetsAndLiabilitiesAtDateOfSaleLiabilitiesToBanksAndOthers" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_SubsidiariesAssetsAndLiabilitiesAtDateOfSaleLiabilitiesToBanksAndOthers"/>
  <xs:element name="LongtermLiabilities" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_LongtermLiabilities"/>
  <xs:element name="subsidiariesAssetsAndLiabilitiesLeaseLiabilities" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_subsidiariesAssetsAndLiabilitiesLeaseLiabilities"/>
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  <xs:element name="ExchangeRateDifferencesFromTranslationOfForeignOperationsCost" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_ExchangeRateDifferencesFromTranslationOfForeignOperationsCost"/>
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  <xs:element name="WeightedAverageExercisePriceOfShareOptionExercisedInSharebasedPaymentArrangement" type="dtr:perShareItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_WeightedAverageExercisePriceOfShareOptionExercisedInSharebasedPaymentArrangement"/>
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  <xs:element name="NumberOfShareOptionsReclassificationInSharebasedPaymentArrangement" type="xbrli:decimalItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_NumberOfShareOptionsReclassificationInSharebasedPaymentArrangement"/>
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  <xs:element name="GrossLeaseLiability" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_GrossLeaseLiability"/>
  <xs:element name="DifferencesInMeasurementBasiscashBasisForTaxPurposes" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_DifferencesInMeasurementBasiscashBasisForTaxPurposes"/>
  <xs:element name="DeferredTaxesOnInvestmentsWhereTheGroup" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_DeferredTaxesOnInvestmentsWhereTheGroup"/>
  <xs:element name="OtherDeferredTaxExpense" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_OtherDeferredTaxExpense"/>
  <xs:element name="IncomeTaxJurisdictionDomainDomain" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_IncomeTaxJurisdictionDomainDomain"/>
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  <xs:element name="EffectOfApprovedBeneficiaryOrPreferredEnterpriseStatusinShares" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_EffectOfApprovedBeneficiaryOrPreferredEnterpriseStatusinShares"/>
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  <xs:element name="TaxesInRespectOfPriorYears" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_TaxesInRespectOfPriorYears"/>
  <xs:element name="UncertainTaxPositions" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_UncertainTaxPositions"/>
  <xs:element name="TaxBenefitForADepreciableAssetRecognized" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_TaxBenefitForADepreciableAssetRecognized"/>
  <xs:element name="PaymentForOtherTaxes" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_PaymentForOtherTaxes"/>
  <xs:element name="UnrecognizedTaxOnIncomeBenefits" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_UnrecognizedTaxOnIncomeBenefits"/>
  <xs:element name="DecreaseRelatedToPriorYearsTaxPositions" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_DecreaseRelatedToPriorYearsTaxPositions"/>
  <xs:element name="IncreaseRelatedToCurrentYearTaxPositions" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_IncreaseRelatedToCurrentYearTaxPositions"/>
  <xs:element name="StatueLimitation" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_StatueLimitation"/>
  <xs:element name="Deconsolidation" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_Deconsolidation"/>
  <xs:element name="ValuationtechniquesDomainDomain" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_ValuationtechniquesDomainDomain"/>
  <xs:element name="SupplementaryFinancialStatementsInformationScheduleofNonControllingInterestinMaterialPartiallyOwnedSubsidiariesDetailsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="forty_SupplementaryFinancialStatementsInformationScheduleofNonControllingInterestinMaterialPartiallyOwnedSubsidiariesDetailsTable"/>
  <xs:element name="SupplementaryFinancialStatementsInformationScheduleofRevenuebyProductsandServicesDetailsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="forty_SupplementaryFinancialStatementsInformationScheduleofRevenuebyProductsandServicesDetailsTable"/>
  <xs:element name="OtherProductsAndThirdParty" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_OtherProductsAndThirdParty"/>
  <xs:element name="SupplementaryFinancialStatementsInformationScheduleofRevenuebyTimingofRevenueRecognitionDetailsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="forty_SupplementaryFinancialStatementsInformationScheduleofRevenuebyTimingofRevenueRecognitionDetailsTable"/>
  <xs:element name="SupplementaryFinancialStatementsInformationScheduleofRevenuebyTimingofRevenueRecognitionDetailsLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_SupplementaryFinancialStatementsInformationScheduleofRevenuebyTimingofRevenueRecognitionDetailsLineItems"/>
  <xs:element name="SupplementaryFinancialStatementsInformationScheduleofSellingMarketingGeneralandAdministrativeExpensesDetailsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="forty_SupplementaryFinancialStatementsInformationScheduleofSellingMarketingGeneralandAdministrativeExpensesDetailsTable"/>
  <xs:element name="FinancialExpensesRelatedToLiabilitiesInRespectOfBusinessCombinations" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_FinancialExpensesRelatedToLiabilitiesInRespectOfBusinessCombinations"/>
  <xs:element name="InterestExpensesOnShortTermAndLongTermLoans" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_InterestExpensesOnShortTermAndLongTermLoans"/>
  <xs:element name="FinancialCostsRelatedToDebentures" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_FinancialCostsRelatedToDebentures"/>
  <xs:element name="InterestExpensesAttributedToIfrs" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_InterestExpensesAttributedToIfrs"/>
  <xs:element name="BankChargesInterestAndForeignExchangeDifferences" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_BankChargesInterestAndForeignExchangeDifferences"/>
  <xs:element name="InterestIncomeFromDepositsAndForeignExchangeDifferences" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_InterestIncomeFromDepositsAndForeignExchangeDifferences"/>
  <xs:element name="SupplementaryFinancialStatementsInformationScheduleofPropertyandEquipmentLocatedDetailsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="forty_SupplementaryFinancialStatementsInformationScheduleofPropertyandEquipmentLocatedDetailsTable"/>
  <xs:element name="SupplementaryFinancialStatementsInformationScheduleofPropertyandEquipmentLocatedDetailsLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_SupplementaryFinancialStatementsInformationScheduleofPropertyandEquipmentLocatedDetailsLineItems"/>
  <xs:element name="SupplementaryFinancialStatementsInformationScheduleofRevenuesClassifiedbyGeographicAreaBasedontheLocationofCustomersDetailsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="forty_SupplementaryFinancialStatementsInformationScheduleofRevenuesClassifiedbyGeographicAreaBasedontheLocationofCustomersDetailsTable"/>
  <xs:element name="SupplementaryFinancialStatementsInformationScheduleofComputationofBasicandDilutedNetEarningsPerShareDetailsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="forty_SupplementaryFinancialStatementsInformationScheduleofComputationofBasicandDilutedNetEarningsPerShareDetailsTable"/>
  <xs:element name="SupplementaryFinancialStatementsInformationScheduleofComputationofBasicandDilutedNetEarningsPerShareDetailsLineItems" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_SupplementaryFinancialStatementsInformationScheduleofComputationofBasicandDilutedNetEarningsPerShareDetailsLineItems"/>
  <xs:element name="OperatingSegmentsScheduleofConsolidatedGoodwillinMaterialPartiallyOwnedSubsidiariesDetailsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="forty_OperatingSegmentsScheduleofConsolidatedGoodwillinMaterialPartiallyOwnedSubsidiariesDetailsTable"/>
  <xs:element name="OperatingSegmentsScheduleofReportingonOperatingSegmentsDetailsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="forty_OperatingSegmentsScheduleofReportingonOperatingSegmentsDetailsTable"/>
  <xs:element name="IntersegmentRevenues" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_IntersegmentRevenues"/>
  <xs:element name="DepreciationAndAmortizations" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_DepreciationAndAmortizations"/>
  <xs:element name="SegmentOperatingIncome" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_SegmentOperatingIncome"/>
  <xs:element name="UnallocatedCorporateExpenses" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_UnallocatedCorporateExpenses"/>
  <xs:element name="GeneralDetailsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="forty_GeneralDetailsTable"/>
  <xs:element name="PercentageOfInterestRate" type="dtr1:percentItemType" abstract="false" xbrli:periodType="instant" nillable="true" substitutionGroup="xbrli:item" id="forty_PercentageOfInterestRate"/>
  <xs:element name="issuanceOfPrivatePlacement" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_issuanceOfPrivatePlacement"/>
  <xs:element name="AdditionalCapital" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_AdditionalCapital"/>
  <xs:element name="AccountingPoliciesDetailsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="forty_AccountingPoliciesDetailsTable"/>
  <xs:element name="PercentageOfHeldOfOutstandingOrdinaryShares" type="dtr:percentItemType" abstract="false" xbrli:periodType="instant" nillable="true" substitutionGroup="xbrli:item" id="forty_PercentageOfHeldOfOutstandingOrdinaryShares"/>
  <xs:element name="VotingRightsPercentage" type="dtr:percentItemType" abstract="false" xbrli:periodType="instant" nillable="true" substitutionGroup="xbrli:item" id="forty_VotingRightsPercentage"/>
  <xs:element name="SeveranceExpenses" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_SeveranceExpenses"/>
  <xs:element name="BusinessCombinationSignificantTransactionandSaleofBusinessDetailsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="forty_BusinessCombinationSignificantTransactionandSaleofBusinessDetailsTable"/>
  <xs:element name="PurchasePriceAmount" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_PurchasePriceAmount"/>
  <xs:element name="FairValueOfContingentConsideration" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_FairValueOfContingentConsideration"/>
  <xs:element name="PercentageOnDilutedBasis" type="dtr1:percentItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_PercentageOnDilutedBasis"/>
  <xs:element name="CashAcquired" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_CashAcquired"/>
  <xs:element name="DeferredAdditionalPayment" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_DeferredAdditionalPayment"/>
  <xs:element name="DeferredWorkingCapitalAdjustmentPayment" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_DeferredWorkingCapitalAdjustmentPayment"/>
  <xs:element name="DeferredAcquisitionPaid" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_DeferredAcquisitionPaid"/>
  <xs:element name="AdditionalDeferredPayments" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_AdditionalDeferredPayments"/>
  <xs:element name="PercentageOfShareCapital" type="dtr:percentItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_PercentageOfShareCapital"/>
  <xs:element name="ProvisionalAllocationAmount" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_ProvisionalAllocationAmount"/>
  <xs:element name="ShareCapital" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_ShareCapital"/>
  <xs:element name="AdditionalPayments" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_AdditionalPayments"/>
  <xs:element name="ConsiderationReceivedOnDisposalOfShares" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_ConsiderationReceivedOnDisposalOfShares"/>
  <xs:element name="DeconsolidationLossAmount" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_DeconsolidationLossAmount"/>
  <xs:element name="OutstandingSharesPercentage" type="dtr:percentItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_OutstandingSharesPercentage"/>
  <xs:element name="PercentageOfSellersShares" type="dtr1:percentItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_PercentageOfSellersShares"/>
  <xs:element name="PaidToSeller" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_PaidToSeller"/>
  <xs:element name="PercentageOfIssuedAndOutstandingShareCapital" type="dtr:percentItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_PercentageOfIssuedAndOutstandingShareCapital"/>
  <xs:element name="FairValueContingentConsideration" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_FairValueContingentConsideration"/>
  <xs:element name="BadDebtExpense" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_BadDebtExpense"/>
  <xs:element name="InvestmentsinCompaniesAccountedforatEquityDetailsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="forty_InvestmentsinCompaniesAccountedforatEquityDetailsTable"/>
  <xs:element name="PrivatePlacementCapital" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_PrivatePlacementCapital"/>
  <xs:element name="AdditionalCapitalRaise" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_AdditionalCapitalRaise"/>
  <xs:element name="GoodwillDetailsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="forty_GoodwillDetailsTable"/>
  <xs:element name="DisposalGroupHeldForSaleandDiscontinuedOperationsDetailsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="forty_DisposalGroupHeldForSaleandDiscontinuedOperationsDetailsTable"/>
  <xs:element name="SaleOfShare" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_SaleOfShare"/>
  <xs:element name="CashConsiderationAmount" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_CashConsiderationAmount"/>
  <xs:element name="ContributedCommonShares" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_ContributedCommonShares"/>
  <xs:element name="ContributedSharesValue" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_ContributedSharesValue"/>
  <xs:element name="TypeOfSeriesDebentureDomainDomain" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_TypeOfSeriesDebentureDomainDomain"/>
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  <xs:element name="DiscountAndIssuanceCostsAmortization" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_DiscountAndIssuanceCostsAmortization"/>
  <xs:element name="SaleOfStockPercentageOfOwnershipBeforeTransactions" type="dtr:percentItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_SaleOfStockPercentageOfOwnershipBeforeTransactions"/>
  <xs:element name="DebtPremium" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_DebtPremium"/>
  <xs:element name="DebenturesAmountOutstandings" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_DebenturesAmountOutstandings"/>
  <xs:element name="DebenturesPayableAnnualInstallments" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_DebenturesPayableAnnualInstallments"/>
  <xs:element name="DebtDeficit" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_DebtDeficit"/>
  <xs:element name="FairMarketPriceOnStockExchange" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_FairMarketPriceOnStockExchange"/>
  <xs:element name="DebtAnnualPayment" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="instant" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_DebtAnnualPayment"/>
  <xs:element name="DebtDiscount" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_DebtDiscount"/>
  <xs:element name="DebtsInstrumentDescription" type="xbrli:stringItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_DebtsInstrumentDescription"/>
  <xs:element name="RelatedPartiesTransactionsDetailsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="forty_RelatedPartiesTransactionsDetailsTable"/>
  <xs:element name="LeasePeriodsExpiringTerm" type="xbrli:stringItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_LeasePeriodsExpiringTerm"/>
  <xs:element name="TypesOfIndividualsDomainDomain" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_TypesOfIndividualsDomainDomain"/>
  <xs:element name="PlanOfNameDomainDomain" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_PlanOfNameDomainDomain"/>
  <xs:element name="EmployeeOptionPlansDomainDomain" type="dtr:domainItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_EmployeeOptionPlansDomainDomain"/>
  <xs:element name="EmployeeOptionPlansDetailsTable" type="xbrli:stringItemType" abstract="true" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrldt:hypercubeItem" id="forty_EmployeeOptionPlansDetailsTable"/>
  <xs:element name="AggregateOrdinaryShares" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="instant" nillable="true" substitutionGroup="xbrli:item" id="forty_AggregateOrdinaryShares"/>
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  <xs:element name="RestrictedSharesVest" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_RestrictedSharesVest"/>
  <xs:element name="FairValueOfGrantSharePricePerShare" type="dtr:perShareItemType" abstract="false" xbrli:periodType="instant" nillable="true" substitutionGroup="xbrli:item" id="forty_FairValueOfGrantSharePricePerShare"/>
  <xs:element name="RestrictedSharesFullyVested" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_RestrictedSharesFullyVested"/>
  <xs:element name="OrdinarySharesFullyVested" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="instant" nillable="true" substitutionGroup="xbrli:item" id="forty_OrdinarySharesFullyVested"/>
  <xs:element name="CompensationAmount" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_CompensationAmount"/>
  <xs:element name="UnrecognizedCompensationCosts" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_UnrecognizedCompensationCosts"/>
  <xs:element name="PercentageOfOptionsVested" type="dtr:percentItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_PercentageOfOptionsVested"/>
  <xs:element name="PercentageOfExerciseFactor" type="dtr:percentItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_PercentageOfExerciseFactor"/>
  <xs:element name="OptionsExpirePeriods" type="xbrli:durationItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_OptionsExpirePeriods"/>
  <xs:element name="NumberOfSharesGrantedStockOptions" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_NumberOfSharesGrantedStockOptions"/>
  <xs:element name="IntrinsicValueOfOptionsExercised" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="credit" nillable="true" substitutionGroup="xbrli:item" id="forty_IntrinsicValueOfOptionsExercised"/>
  <xs:element name="CashConsiderationShare" type="dtr:perShareItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_CashConsiderationShare"/>
  <xs:element name="CashPaid" type="xbrli:monetaryItemType" abstract="false" xbrli:periodType="duration" xbrli:balance="debit" nillable="true" substitutionGroup="xbrli:item" id="forty_CashPaid"/>
  <xs:element name="RestrictedOrdinaryShares" type="xbrli:sharesItemType" abstract="false" xbrli:periodType="duration" nillable="true" substitutionGroup="xbrli:item" id="forty_RestrictedOrdinaryShares"/>
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