The World Federation of Diamond Bourses is the umbrella organization for diamond exchanges across the world. It ensures that its members adhere to the highest international standards of business practices in the diamond industry. Through our membership in the Israel Diamond Exchange, we are also members of the World Federation of Diamond Bourses. The Israel Diamonds Manufacturer's Association is the trade association for the diamond industry in Israel. Read about why the Israeli Diamond Industry leads the world. The GIA - Gemological Institute of America is a nonprofit organization that offers gemstone identification and buying advice to consumers. The IGI - International Gemological Institute is a laboratory offering gemstone identification and professional certification. The Israel Diamond Exchange explains the functions and professional standards of the Israel Diamond Exchange of which Israel-Diamonds.com is a member.