Banks to remain shut for four days on Eid: SBP

Banks to remain shut for four days on Eid: SBP



The State Bank of Pakistan building in Karachi. — SBP website/File

The State Bank of Pakistan (SBP) will observe a four-day closure from June 6 to 9, coinciding with Eid ul Adha public holidays, a spokesperson confirmed on Tuesday.

Subsequently, all the banks, microfinance lenders and other financial institutions will also observe Eid holidays during the period.

A day ago, the federal government announced four-day holidays for Eid ul Adha to be celebrated on June 7.

A notification was issued by the Cabinet Division, stating that June 6, 7, 8 and 9 will be observed as public holidays on the occasion of Eid ul Adha, both for offices observing a five and six-day working week.

In Pakistan, the first day of Zil Hajj will fall on Thursday, May 29, 2025, while Eid ul Adha will be observed on Saturday, June 7.

Eid ul Adha falls on the 10th day of Zil Hajj, which also marks the Hajj pilgrimage. It is the second of the two main festivals in Islam, alongside Eid ul Fitr.

Celebrations and observances are generally carried forward for three days.

With Eid ul Adha just around the corner, cattle markets have been set up in different areas for people to purchase cows, goats, sheep and camels for sacrifice.

The festival is also known as the “Feast of Sacrifice,” which commemorates the Qur’anic story of Prophet Ibrahim’s (PBUH) willingness to sacrifice his son in obedience to God, a test of faith that was divinely interrupted and replaced with a ram.

Additionally, the occasion is celebrated with prayers, family gatherings, and charitable acts, including the ritual sacrifice of livestock, with the meat distributed to relatives, friends, and the underprivileged.

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