The Jordanian government has ordered Al-Mamdouh, a new private Jordanian TV channel, to take the series off the air a week before it completed its run.
A message received by Israel's embassy in Jordan from the media office of the Royal Palace of the Hashemite Kingdom said that while the Jordanian government was not responsible for the supervision of the content of private TV stations, the program was nevertheless no longer being broadcast, the Israeli Foreign Ministry announced.
Its removal follows a request by Israel's ambassador to Jordan, Yaakov Hadas, to have it taken off the air.
Al-Shatat purports to tell the history of Zionism but more closely resembles the Protocols of the Elders of Zion with a dose of blood libel.
In one scene, a rabbi and a group of Jews kill a young non-Jewish boy and use his blood to make matza.
The film was broadcast on Hizbullah's Al-Manar TV and on Iran's Sahar TV, causing both stations to be banned from EU airwaves.
The Jerusalem Post had earlier asked the Foreign Ministry for a reaction to the broadcast of such a series in Jordan, a country formally at peace with Israel.
"As a result of your request we brought it up with the Jordanian government," said ministry spokesman Lior Ben-Dor.