Schools and parents around India are eagerly awaiting official announcements on the potential declaration of July 7, 2025. The day as a holiday as Muharram draws near. On the first day of the month of Muharram in the Hijri calendar, people celebrate the start of the Islamic New Year. Depending on the moon sighting, the date in India is anticipated to fall either 6 July or 7th.
According to the majority of official holiday calendars, Muharram is now tentatively scheduled on July 6. The commemoration could be moved to July 7 if the moon is not seen on the anticipated evening, which would affect the closing of offices and schools in a number of states.
Are Government Offices and Schools Closed on 7th July?
All state and federal government offices, educational institutions, post offices, and numerous private businesses nationwide will be closed on the day of Muharram. In the upcoming days, formal notices are anticipated to be released by states with sizable Muslim populations, including West Bengal, Telangana, Maharashtra, and Uttar Pradesh. For confirmation, parents and children are encouraged to monitor district announcements and local school circulars.
Financial Institutions and Banks Closed?
Public banking services will be disrupted on the day of Muharram as banks around India will stay closed. To prevent disruption, citizens are urged to finish all necessary bank activities beforehand.
Are Exchanges and Stock Markets Closed on 7th July?
On Muharram, there will be no trading on the two main stock markets in India. The National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) will be closed. The Securities Lending and Borrowing (SLB) platform, currency and interest rate derivatives, equities, and stock derivatives would all be impacted by the shutdown.
For the morning session, the Multi Commodity Exchange (MCX) will likewise be closed. On the other hand, trade will start up again in the evening between 5:00 and 11:30/11:55.
The importance of Muharram
Muharram, which is one of the four holy months of Islam, ushers in the new Islamic year. The month is also noteworthy because Ashura is a day of intense grief for many Muslims, particularly Shia Muslims. In honour of Imam Hussein ibn Ali’s martyrdom in the Battle of Karbala in 680 AD, Ashura is a day of sorrow. Prophet Muhammad’s grandson is Imam Hussein ibn Ali.
Does India observe Muharram as a public holiday?
In India, Muharram is however celebrated as a public holiday. On this day, the government, banks, post offices, schools, colleges, and certain private sectors will all be closed. Because the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) observe Muharram as a trade holiday, trading will also be closed on this day.
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