The trip will be one of the first major foreign visits of his time as party leader, and comes a month after Prime Minister David Cameron addressed the Knesset.
Speaking at the Community Security Trust annual dinner last month, Mr Miliband said he now felt “more part of the Jewish community than at any other time in my life”.
He also recalled how Israel had provided sanctuary to his grandmother.
It is thought that he will make private visits to family members who live in the country during his tour.
Mr Miliband is also expected to travel to meet senior Palestinian politicians.