Regulatory Alerts2025-01-01
Circular No. 67 / 2025: Islamic New Year Holiday
The Palestine Monetary Authority issued Circular No. 67/2025 to declare Thursday, June 26, 2025, an official public holiday in observance of the Islamic New Year. This directive is issued pursuant to Article 73 of Banking Law No. 9 of 2010 and a Cabinet resolution, applying to all banks operating in Palestine. The circular also conveys seasonal greetings to the banking sector workforce.
[Logo of the Palestine Monetary Authority]
Palestine Monetary Authority PALESTINE MONETARY AUTHORITY
Circular No. (67 / 2025) To all banks operating in Palestine Date: Wednesday, June 25, 2025
Subject: Islamic New Year Holiday
Based on the provisions of Article No. (73) of Banking Law No. 9 of 2010, and in reference to the esteemed decision of the Cabinet of Ministers, it has been decided to consider Thursday, June 26, 2025, as an official public holiday in celebration of the Islamic New Year.
On this blessed occasion, I extend my sincere congratulations and best wishes to all employees in the banking sector, and we ask God to return it to our Palestinian people with their dreams fulfilled in establishing the independent State of Palestine with its capital, Al-Quds Al-Sharif (Jerusalem).
Wishing you all the best every year
[Signature] Yahya Shtayyeh Governor
- Copy: To the esteemed members of the Capital Market Authority.
- Copy: To the esteemed members of the Palestine Exchange.
- Copy: To the esteemed members of the Palestinian Deposit Insurance Corporation.
- Copy: To the esteemed members of the Financial Monitoring Unit.