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.
Home
Circulars
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
More like this from SBP
SBP published 6 documents in the last 30 days. We email you each new one the day it's published.