A file photo showing Abdul Rahim Fayez Ghannam, 36. WAFA
The ministry said Abdul Rahim Fayez Ghannam, 36, was "shot by live occupation fire in the head" in the village of Al-Aqaba in the northern West Bank.
An AFP photographer saw black smoke billowing from a building during the military raid.
Palestinian residents inspected bullet marks and a gaping hole left in the wall of a house after the Israeli forces withdrew,
The number of Palestinians killed by Israeli forces in the West Bank and Israel this year is the highest since 2005, according to the United Nations' humanitarian agency OCHA.
So far this year, at least 225 Palestinians, 32 Israelis, a Ukrainian and an Italian have been killed in violence linked to the Israeli-Palestinian conflict, according to an AFP tally based on official sources on both sides.
On Thursday, a Palestinian man rammed his vehicle into Israeli soldiers near a West Bank checkpoint, killing one, before being shot dead.
A day earlier, Israeli forces killed a 14-year-old Palestinian boy in Jerusalem after he reportedly stabbed a passenger on a tram.
*This story was compiled by Ahram Online