Regulatory Alerts2025-01-01
Palestine Monetary Authority Circular No. 14/2025: Islamic New Year Holiday
The Palestine Monetary Authority issued Circular No. 14/2025 to officially designate Thursday, June 26, 2025, as a public holiday for specialized lending institutions in Palestine to commemorate the Islamic New Year. This directive is issued pursuant to Article 22 of Decision No. 132 of 2011 regarding the licensing and supervision of specialized lending institutions and subsequent amendments. The circular concludes with formal greetings from Governor Yahya Al-Shennar to all staff members of the lending institutions.
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