The State Bank of Pakistan (SBP) announced that it would close all banks in the nation for three days in observance of Ashura.
Ashura Banks to remain closed: According to a statement from the central bank, the State Bank of Pakistan will close on July 28 and 29, 2023 (Friday and Saturday), which are public holidays in honor of Ashura (9th and 10th of Moharram, 1445 A.H.).
On July 28 and 29, the nation will mark Ashura Days, Muharram 9 and 10, to honour the sacrifices made by Hazrat Imam Hussain (AS) and his allies during the Battle of Karbala.
Prior to Ashura, the federal administration proclaimed the ninth and tenth days of Muharram (July 28 and 29) as public holidays.
According to a notice released by the Cabinet Division, the Prime Minister has decided to declare July 28 and 29, 2023 (Friday and Saturday), as public holidays in honour of Ashura (9th and 10th Moharram 1445 AH).