Regulatory Alerts2026-02-17 | BPRD Circular Letter No. 04Added · Updated
State Bank of Pakistan Bank Holiday for Zakat Deduction
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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