Wednesday, August 15, 2012

Hari Raya Puasa (Eid-ul-Fitri) Holiday

Following stock exchanges will be closed on August 20, 2012 (see table below) to celebrate Hari Raya Puasa / Aidilfitri (Eid-ul-Fitri). Hari Raya literally means ‘celebration day’. Hari Raya Puasa is considered one of the two most important celebrations for Muslims, the other being Hari Raya Haji. (will be celebrated on Friday, Oct. 26, 2012).

This is the day where Muslims celebrate the conclusion of dawn-to-sunset fasting during the entire month of Ramadan / Islamic holy month of fasting. Muslims around the world celebrate this significant occasion to show a common goal of unity. This is one of the biggest holidays for Muslims to balik kampung / pulang (go home for people who are working far away), they will drive, take a train or flying home for a couple of days before the festive to be with their families and loved ones.

The celebration is determined by the appearance of the new moon. Hari Raya Aidilfitri is commonly referred as Hari Raya Puasa or just Hari Raya. It is a ecstatic occasion for the Muslims all over the world as it evidences a personal jubilation and accomplishment, a moral victory of self-control and abstinence from drink, food, smoking and sex during the day light hours.

Stock Exchange Hari Raya Puasa Holiday
India August 20, 2012  (Mon.)
Indonesia August 20 to 22, 2012  (Mon. to Wed.)
Malaysia August 20 to 21, 2012  (Mon. to Tues)
Philippines August 20, 2012  (Mon.)
Singapore August 20, 2012  (Mon.)