Regulatory Alerts2025-01-01
Instructions No. ( ) of 2025 Regarding the Deduction of Loan and Financing Installments in the Gaza Strip
The Palestine Monetary Authority issued Instructions No. ( ) of 2025 to regulate the deduction of loan and financing installments for individuals residing in Gaza. The directive mandates banks to postpone installment deductions until December 31, 2025, apply a reduced deduction rate of 25% (or salary amount) from January to June 2026, and resume full deductions capped at 50% of transferred salaries from July 2026 onward. Additionally, accumulated unpaid installments from October 2023 are transferred to the end of the loan term without interest, while banks may opt for early collection under specific governance and transparency conditions.
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