RegAlert

Rule · PMA · 16 Jan 2025

Circular No. 4: Isra and Mi'raj Holiday

The Palestine Monetary Authority, through Circular No. 4/2025 issued by Governor Yahya Shtai, mandates the suspension of banking operations on Monday, 27 January 2025, in observance of the Isra and Mi'raj holiday. This directive, grounded in Article 73 of Banking Law No. 9 (2010) and a Cabinet decision, applies to all banks operating throughout Palestine. The circular also distributes copies to the Capital Market Authority, Palestine Exchange, Palestinian Deposits Guarantee Fund, and Financial Monitoring Unit for record.

PalestinePalestine Monetary Authority

Palestine Monetary Authority

Circular No. 4/2025
To all banks operating in Palestine
Date: Thursday, 16 January 2025

Subject: Isra and Mi'raj Holiday

Based on the provisions of Article No. (73) of Banking Law No. (9) of 2010, and pursuant to the decision of the esteemed Cabinet, it has been decided to suspend banking operations on Monday, 27 January 2025, in observance of the Isra and Mi'raj holiday.

On this blessed occasion, I pray to God that He may return it to our nation with its aspirations fulfilled through the establishment of our independent state and its holy capital, Jerusalem.

Yahya Shtai
Governor

  • Copy to: The Capital Market Authority.
  • Copy to: The Palestine Exchange.
  • Copy to: The Palestinian Deposits Guarantee Fund.
  • Copy to: The Financial Monitoring Unit.

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Ramallah & Al-Bireh Governorate - Palestine | P.O. Box 452 Postal Code: P6160675 | Phone: +970 2 2415251 | Tel: +970 2 2415310 | Fax: info@pma.ps

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Law No. (9) of 2010 concerningBanks2018 · PMALaw No. (9) of 2010 concerning Banks (2018-09-10)Circular No. 4: Isra andMi'raj Holiday2025-01-16 · this documentCircular No. 4: Isra and Mi'raj Holiday (2025-01-16)
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