ramadan timing notification 2025 sbp ramadan dubai period

KARACHI: The State Bank of Pakistan (SBP) has shared new office and business hours for banks during Ramadan 2025. From Monday to Thursday, the SBP, all banks, and development finance institutions will operate from 9:00 AM to 3:30 PM, with a prayer break from 2:00 PM to 2:30 PM. On Fridays, the hours will be from 8:30 AM to 1:00 PM without a break. The SBP Bank Holiday on the first Ramadan of 2025 aligns with the annual tradition of Zakat deduction in Pakistan’s banking system. Customers are advised to plan their transactions accordingly and utilize digital banking services on the day when physical banking operations will be halted. The State Bank of Pakistan (SBP) will remain closed for public dealing on the first working day of Ramadan 1446 AH, which will be observed as a “Bank Holiday” for the purpose of Zakat deduction. Therefore, all banks/DFIs/MFBs will remain closed for public dealing on the first working day of Ramadan 1446 AH. The State Bank of Pakistan (SBP) will remain closed for public dealing on the first working day of Ramadan 1446 AH, which will be observed as a “Bank Holiday” for the purpose of Zakat deduction. Therefore, all banks/DFIs/MFBs will remain closed for public dealing on the first working day of Ramadan 1446 AH. As per the announcement concerning the Bank Holiday, the State Bank of Pakistan (SBP has now announced that the Bank Holiday would be observed for Zakat deduction purposes on the first working day of Ramadan 1446 A.H., This implies that all banks, Development Finance Institutions (DFIs), and Microfinance Banks (MFBs) would keep closed for As per predictions, Ramadan in Pakistan will begin on March 2, 2025, based on moon visibility calculations. The new moon is expected to occur on February 28, but due to its low altitude and distance. Meanwhile, Eid ul-Fitr is anticipated to fall on March 31, with the crescent moon sighting expected on March 30. During Ramadan, the State Bank of Pakistan (SBP) adjusts banking hours to facilitate both employees and customers. These changes help accommodate prayer and fasting schedules. Below are the updated banking hours for Ramadan 2025, as per SBP’s directives. Note: These hours apply to all SBP-regulated banks. During the ensuing month of Ramadan-ul-Mubarak 1445 A.H., the following office hours will be observed in the State Bank of Pakistan, which will also be followed by all banks / DFIs / MFBs: Days Office Hours The time has been updated for both public dealing and office timings, a notification issued by the SBP read. Public dealing timings: Monday to Thursday — 9am to 2pm(without break) Friday — 8 KARACHI: The State Bank of Pakistan (SBP) Wednesday revised the timings for the banking sector for Ramadan. According to a notification issued by the SBP, the time has been revised for Shorter working hours allow employees to balance professional responsibilities with religious obligations, including fasting, prayers, and family time. Clarification on Notification and Official Source. The official notification regarding Ramadan office timings was issued by the Government of Pakistan and can be accessed through: The State Bank of Pakistan (SBP) has declared a bank holiday on the first working day of Ramadan 1446 AH for Zakat deduction. All banks, DFIs, and MFBs will remain closed for public dealings Ramadan, the ninth month of the Islamic lunar calendar, is a sacred time of fasting, prayer, and reflection for Muslims worldwide. In 2025, Ramadan is expected to begin on the evening of Friday, 28th February 2025, and conclude on the evening of Sunday, 30th March 2025, subject to the sighting of the moon. Complete guide to school timings during Ramadan 2025 in Pakistan. Check updated Ramzan schedules for single and double-shift schools in Punjab and Sindh. Thu, Feb 27, 2025 Watch Live. Banks and financial institutions will be closed for Eid Al-Fitr from the end of work on Sunday, March 30, 2025, until Wednesday, April 2, 2025. Eid Al-Adha Holiday. For Eid Al-Adha, the break will begin at the end of work on Thursday, June 5, 2025, and end on Tuesday, June 10, 2025. Exceptions and Continuous Services PIB Auction (Fixed Rate) 12-Mar-25. MTB 05-Mar-25. Floating Rate PIB (Semi-Annual Coupon) 05-Mar-25: Floating-rate PIB According to a notification issued by the central bank, from Monday to Thursday office timings will be from 10:00am to 4:00 pm with a prayer break from 2pm to 2:15pm whereas on Fridays banks will IFPD Circular No. 02 of 2025 - Adoption of ‘Accounting and Auditing Organization for Islamic Financial Institutions’ (AAOIFI) Shariah Standards DMMD Circular No. 01 of 2025 - SBP’s Policy Rate and Overnight Repo / Reverse-Repo Facilities: Monetary Policy Statement(27-01-2025) Tuesday, February 25, 2025. LIVE STREAM; DFIs / MFBs,” read a notification. The SBP will observe office hours from 9am to 3:30pm with a prayer break from 2pm to 2:30 pm from Monday to According to the notification, the office timing for the upcoming holy month of Ramadan will commence from 9:00 am to 3:30 pm. There will be a 15-minute break from 1:15 pm to 1:30 pm for Zohr prayers while weekly holidays will be on Friday and Saturday. Currently, the regular office timing for government employees is from 9:00 am to 5:00 pm.

ramadan timing notification 2025 sbp ramadan dubai period
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