Rule · SBP · 17 Feb 2026 · BPRD Circular Letter No. 04

State Bank of Pakistan Bank Holiday for Zakat Deduction

islamic-finance

The State Bank of Pakistan will remain closed for public dealing on 1st Ramadan-ul-Mubarak, 1447 A.H., observed as a bank holiday for the purpose of Zakat deduction. All banks, Development Finance Institutions (DFIs), and Microfinance Banks (MFBs) are required to remain closed for public dealing on this date. However, employees of these institutions must attend the office on this date, treating it as a normal working day except for public dealing.

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BPRD Circular Letter No. 04

BANK HOLIDAY

February 17, 2026

3532

The Presidents / Chief Executives

All Banks / DFIs / MFBs

Dear Sir/Madam,

BANK HOLIDAY

The State Bank of Pakistan will remain closed for public dealing on 1st Ramadan-ul-Mubarak, 1447 A.H. , which shall be observed as “Bank Holiday” for the purpose of deduction of Zakat.

All banks / DFIs / MFBs shall, therefore, remain closed for public dealing on the afore-mentioned date. However, all employees of the banks / DFIs / MFBs will attend the office on Bank Holiday treating it as a normal working day (except for public dealing).

Yours sincerely,

MUHAMMAD ASAD AKBAR Joint Director

Home — Circulars — BPRD Circular Letter No. 04

BANK HOLIDAY

February 17, 2026

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