The State Bank of Pakistan will remain closed for public dealing on 1st working day of Ramadan-ul-Mubarak, 1446 A.H., which shall be observed as a “Bank Holiday” for deduction of Zakat.
All banks/DFIs/MFBs shall, therefore, remain closed for public dealing on 1st working day of Ramadan-ul-Mubarak, 1446 A.H.
A notification in this regard will be shared by the central bank in a day or two.
However, all employees of the banks/DFIs/MFBs will attend to their official assignments on Bank Holiday treating it as a normal working day (except for public dealing).
Editorial & Legal Practice Group
Authored and reviewed by the corporate law and tax litigation practice group at Javid Law Associates. Our team comprises High Court advocates, corporate legal advisors, and authorized tax practitioners across Pakistan.
Advocates High Court & Tax Counsel
Jurisdiction: Pakistan