In a statement, the FA said: "On Friday evening, we will remember the innocent victims of the devastating events in Israel and Palestine.
"Our thoughts are with them, and their families and friends in England and Australia and with all the communities who are affected by this ongoing conflict.
"We stand for humanity and an end to the death, violence, fear and suffering.
"England and Australia players will wear black armbands during their match at Wembley Stadium and there will also be a period of silence held before kick off."
The Wembley arch - an iconic symbol of the stadium - will not be lit in the colours of the Israeli flag, with the FA concerned over being seen to be taking sides in the conflict.
"Following discussions with partners and external stakeholders, we will only permit flags, replica kits and other representations of nationality for the competing nations inside Wembley Stadium for the upcoming matches against Australia and Italy," the statement added.
