Extreme-sport paragliding and fun paragliding take place in a few spots in Israel.

There are Paragliding facilities in the Galilee , close to the Sea of Galilee and to famous Christian attractions, and in the Golan Heights. Other centers of paragliding in Israel are located on the Mediterranean coast of Israel and in the Negev Desert. 

There are schools, instructors, equipment suppliers, places for sport and for fun gliding in Israel.  

Major sites for paragliding in Israel

Galilee and Golan :

Mevo Hama - in the south of Golan.
Mount Tabor - near Afula.
Yavne'el - near Kefar Tabor
Har Ha'ari - near Karmiel, in west Galilee.
Bet Rimon - west to Tiberias.
Mukhraka - near Haifa.

Central Med Coast:

Zikhron - south of Haifa.
Ga'ash - north of Tel Aviv
Netanya - north of Tel Aviv
Bat Yam - south of Tel Aviv.

Desert:

Dragot - near the Dead Sea.

More info about the paragliding sites and paragliding schools:

Sitvanit.
Agur -  in Bat Yam beach, south of Tel Aviv.
Dvir - in Gaash, north of Tel Aviv.

Wikipedia - Paragliding

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