Karachi: The State Bank of Pakistan, along with its associated offices and financial institutions, has announced the closure on July 28th and 29th, from Friday to Saturday, due to the public holidays for the occasion of Ashura (9th & 10th Moharram 1445 A.H).
The central bank operations will recommence on Monday, June 1, following the customary Sunday off.
Earlier in the month, the government declared public holidays to recognize Ashura. According to the notification, the days of the 28th and 29th of July will be marked as public holidays to commemorate the 9th and 10th Muharram.
Ashura holds high religious significance, primarily for Shiite Muslims. However, the interpretation and practices related to this event can vary depending on the observers’ Islamic sect and cultural traditions.