The State Bank of Pakistan, all banks, and financial institutions will remain closed on Monday, November 9, 2026, to mark “Allama Iqbal Day.”

In a statement issued on Thursday, the central bank announced that it will remain closed because the Government of Pakistan declared the date a public holiday. The bank stated, “The State Bank of Pakistan will remain closed on Monday, November 9, 2026 being public holiday on the occasion of “Allama Iqbal Day”, as declared by the Government of Pakistan.”

Subsequently, all banks, Micro Finance Banks, and Development Finance Institutions will also remain closed on the first day of the upcoming week. This closure is to observe the birth anniversary of the poet of the East, Dr. Allama Muhammad Iqbal.