Karachi: The State Bank of Pakistan has announced that all public and private banks across the country will remain closed for public dealings on the 1st of Ramadan due to Zakat deduction.
According to the official statement, on 1st Ramadan 1447 Hijri, banks, development finance institutions, and microfinance banks will observe a bank holiday for public transactions. However, employees will attend offices as usual, while public dealing services will remain suspended.
Meanwhile, the central meeting of the Ruet-e-Hilal Committee to sight the Ramadan moon will be held in Peshawar on Wednesday. Zonal committees in other regions will collect moon sighting testimonies and forward them to the central committee, after which the chairman will make the official announcement.
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