Actually Robert Their was no Jewish religion when the biblical covenant was made. It was made to the 'SEED' of Jacob without any mention of religion. It may interrest you to know the seed of Jacob resides in most west bank Arabs that were forcibly converted during the many wars. Israelis on the other hand are 85% Ashkanazi Jews from eastern Europe who were part of the Khazar Empire who converted from paganism to Judiasm in the 6th century. They are not of the seed of Jacob and hence are not part of the biblical covenant. Suggested reading for you is "The Thirteenth Tribe"
Jordan foreign minister says to speak with Kerry on Israel-Palestinian conflict (Reuters)
from the article: Arab League chief: Abbas won't enter indirect peace talks now