Karachi, March 1, 2025 – The State Bank of Pakistan (SBP) has officially issued a notification regarding bank timings for the holy month of Ramadan 2025.
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Types of Bank Accounts Notified for Zakat Deduction in 2025
The State Bank of Pakistan (SBP) has notified the types of bank accounts from which Zakat will be deducted for the year 2025. This directive ensures compliance with the national regulations governing Zakat collection and distribution.
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Bank Timings in Pakistan for Ramadan 2025
Karachi, March 1, 2025 – With the holy month of Ramadan approaching, citizens across Pakistan are keenly awaiting the announcement of revised bank timings to plan their financial transactions accordingly.
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Pakistan’s Weekly Inflation Continues to Rise Ahead of Ramadan
Karachi, March 1, 2025 – Inflation in Pakistan continues to rise as the country prepares for Ramadan, with the Sensitive Price Indicator (SPI) reflecting a further increase in the cost of essential commodities.
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Pakistan Reduces Petroleum Prices for First Half of March 2025
Islamabad, February 28, 2025 – The government of Pakistan has announced a reduction in petroleum prices for the first half of March 2025, providing some relief to consumers amid fluctuating global oil rates.
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SBP Announces Bank Holiday on March 3 for Zakat Deduction
Karachi, February 28, 2025 – The State Bank of Pakistan (SBP) has officially declared a Bank Holiday on Monday, March 3, 2025, in line with its annual practice of Zakat deduction.
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Ruet-e-Hilal Committee Convenes to Sight Ramadan Moon
The Ruet-e-Hilal Committee, under the leadership of Azad, is set to meet this evening (Friday) in Peshawar to observe the Ramadan crescent, which will mark the beginning of the holy month. This significant event plays a crucial role in determining the start of fasting for millions of Muslims across Pakistan.
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Expected Petroleum Prices in Pakistan for March 2025
Islamabad, February 28, 2025 – Pakistan is preparing to revise petroleum prices for the first half of March 2025, with the new rates set to take effect from March 1, 2025.
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SBP Notifies Banks About Annual Zakat Deduction
Karachi, February 27, 2025 – The State Bank of Pakistan (SBP) on Thursday issued comprehensive instructions to all banks regarding the deduction of Zakat for the year 2025. The directive is aimed at ensuring the smooth implementation of Zakat deduction as per Islamic financial principles.
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USC Layoffs Move to Next Stage, More Dismissals Expected
Karachi, February 27, 2025 – The ongoing wave of layoffs at the Utility Stores Corporation (USC) is set to intensify as new administrative directives have been issued to dismiss regular employees up to grade 12.
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