SBP to remain closed for public dealing on 1st Ramadan : vim

SBP to remain closed for public dealing on 1st Ramadan
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State Bank of Pakistan to remain closed on 1st Ramadan for deduction of Zakat.
The government had earlier announced the Nisaab for Zakat.
Ruet-e-Hilal Committee to meet tomorrow in Peshawar to sight Ramadan moon.
KARACHI: The State Bank of Pakistan (SBP) will remain closed for public dealings on the 1st of Ramadan which shall be observed as a “Bank Holiday” for the deduction of Zakat.
"All banks / DFIs / MFBs shall, therefore, remain closed for public dealing on 1st Ramadan-ul-Mubarak, 1442 A.H.," a statement from the central bank said.
A day earlier, the federal government had announced the rate of Nisaab for Zakat.

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