Eid Al-Adha holiday declared in Saudi for several sectors

Eid al-Adha is one among the Islamic calendar’s two most important festivals.

The Saudi central bank stated that work for the sectors will re-start on Sunday August 26, which corresponds to Sunday 15 Dhul-Hijjah Hijri year.

The Saudi Arabian Monetary Authority (SAMA) reported on monday that financing companies, banks, entrepreneurs and insurance firms in Saudi Arabia will start their Eid Al-Adha holiday starting Friday August 17.

The date corresponds to Friday 6 Dhul-Hijjah 1439 in the Hijri year.

The Saudi central bank stated that work for the sectors will re-start on Sunday August 26, which corresponds to Sunday 15 Dhul-Hijjah Hijri year.

Additionally, the Saudi Stock Exchange (Tadawul) stated in July that it would halt trading activities for the Eid holiday beginning from Sunday August 19, with trading restarting on Sunday August 26.

Sunday August 19 corresponds to 8 Dhul-Hijjah1439 Hijri year, while Sunday August 26 corresponds to 15 Dhul-Hijjah 1439 Hijri year.

Eid al-Adha is one among the Islamic calendar’s two most important happenings. Translating into “Festival of Sacrifice”, it is the second of two festival celebrated every year (with the other being Eid al-Fitr). It admires Prophet Ibrahim’s willingness to sacrifice his son as an act of obedience to God, after which God offers him a male goat to be sacrificed instead of his son. As a tribute to the event, goats and sheep are sacrificed and their meet divided into three parts. One share is given to the poor, another to relatives and the third remains for the family.

Also Read: Kuwait reveals Eid Al-Adha holiday
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