Good idea. I was thinking more along the lines of the words "Dual Israeli National". But if you are happier with a yellow star of David then fair enough. But as you said that was tried last century and it didn't end well. Obviously if the Israeli Government promised not to use the passports of dual nationals in this manner again then there will be no need for such a measure.
In three days, Greek coastguard rescues 2,500 migrants (Reuters)
from the article: Report: Mossad used Australian passports before Dubai row