Regulatory Alerts2026-02-10
Added
SDAD Circular Letter No. 03: Office and transaction hours of scheduled banks during the Holy Month of Ramadan (Hijri 1447)
The document establishes the office and transaction hours for scheduled banks during the Holy Month of Ramadan (Hijri 1447 / 2026). Normal working hours are set from 9:30 AM to 4:00 PM, with a lunch break from 1:15 PM to 1:30 PM. On Fridays, the operating hours are reduced to 9:30 AM to 2:30 PM, and banks are closed on Fridays and Saturdays. Banks are permitted to operate with full Ramadan hours if they have sufficient staff and resources to handle transaction volumes.
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