The holiday is declared to deduct Zakat

Published 4 years ago on Mar 29th 2022, 12:45 am
By Web Desk

Karachi: All banks, including the State Bank of Pakistan (SBP), will remain closed on April 4 (Monday) on account of first of Ramadan, says the statement issued by the central bank.
The SBP will remain closed for public dealing on Monday (April 4, 2022), "which shall be observed as Bank Holiday for the purpose of deduction of Zakat."
It further said that all banks, development finance institutions (DFIs), Microfinance Banks (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)," the statement read.

Our new favorite budget phones
- 7 hours ago
After suffering eight consecutive defeats, Rawalpindiz secure first victory in PSL
- 2 hours ago
PM Shehbaz vows to strengthen relations with China
- 4 hours ago

Why are states unleashing millions of these fish?
- 14 hours ago

Dyson’s back with a travel-size Supersonic hairdryer
- 16 hours ago
Bodies of three children recovered from Lahore's house
- 4 hours ago

This charming gadget writes bad AI poetry
- 7 hours ago
US envoy meets Interior Minister, talks focus on regional situation, ceasefire extension
- 4 hours ago

The war in Iran didn’t end; it became something new
- 14 hours ago
‘The Devil Wears Prada 2’ returns with fun, fashion and ‘uncertainty of the moment’
- 5 hours ago
Iran tightens control of Hormuz after US calls off renewed attacks
- 6 hours ago

Gold prices decline in Pakistan, global markets
- 6 hours ago
You May Like







