Designated banks stay open today as Pakistan receives Hajj applications on final day

People wait for their turn outside a bank in Islamabad, Pakistan, on March 30, 2020. (AFP/File)
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Updated 16 August 2025
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Designated banks stay open today as Pakistan receives Hajj applications on final day

  • Pakistani authorities have allocated 129,210 Hajj seats under the government scheme
  • Mandatory to submit first installment of Hajj fee along with application, ministry says

ISLAMABAD: Designated banks across Pakistan are open today for the receipt of Hajj applications from intending pilgrims under the government scheme, according to the Pakistani religious affairs ministry.

Pakistan has a Hajj quota of 179,210 pilgrims. Of this, 129,210 seats have been allocated for the government scheme and the rest for private tour operators. The religious affairs ministry this week said it had received 91,000 applications under the government scheme.

The religious affairs ministry said the State Bank of Pakistan accepted its request and issued orders to keep open branches of 14 designated banks for the receipt of Hajj applications on the final day. Pakistan began receiving Hajj applications on Aug. 4.

“Bookings will be closed once the required number of applicants is reached,” the ministry said. “Hajj applications received on a first-come, first-served basis will be considered valid.”

It urged Hajj applicants to obtain a computerized receipt from the bank and check their details on the ministry’s online portal or Pak Hajj 2026 app.

“In case of any mistake, get it corrected immediately by the concerned bank,” the ministry added.

Under the government scheme, pilgrims can choose between a long Hajj package (38–42 days) and a short package (20–25 days). The estimated cost of the government Hajj package ranges between Rs1,150,000 and Rs1,250,000 (approximately $4,050 to $4,236).

“It is mandatory to submit the first installment of Rs500,000 or Rs550,000 along with the application according to the package,” the ministry said this week.

“The second installment of Hajj dues will be collected from November 1.”

Saudi Arabia approved the same overall quota for Pakistan in 2025, but a significant portion of the private allocation went unused due to delays by tour operators in meeting payment and registration deadlines, while the government fulfilled its share of over 88,000 pilgrims.

Private operators blamed the shortfall on technical issues, including payment processing and communication problems.


Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

Updated 19 February 2026
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Pakistan expands crypto engagement with appearance at Mar-a-Lago finance forum

  • Pakistan Virtual Assets Regulatory Authority Chairman Bilal bin Saqib attends World Liberty Financial event at Trump’s Mar-a-Lago estate
  • Discussions focused on future of global financial infrastructure, digital assets, stablecoins, capital markets innovation, says Saqib’s office 

ISLAMABAD: Pakistan Virtual Assets Regulatory Authority (PVARA) Chairman and Minister of State Bilal bin Saqib joined global finance leaders at an event hosted by World Liberty Financial, a crypto venture linked to US President Donald Trump’s family, Saqib’s office said on Thursday. 

The event was hosted by World Liberty Financial, a crypto-based finance platform launched in September 2024 linked to Trump’s family. According to Saqib’s office, the gathering was held at Mar-a-Lago, the private estate and club owned by Trump in Florida. 

Speakers and attendees at the event included David Solomon, chairman and CEO of Goldman Sachs, Adena Friedman, chairperson and CEO of Nasdaq as well as Lynn Martin, president of the New York Stock Exchange, Saqib’s office said. The event was organized and hosted by Eric Trump and American businesspersons Zach Witkoff and Alex Witkoff. 

“Discussions focused on the future of global financial infrastructure, digital assets, stablecoins, capital markets innovation and the evolving relationship between regulation and emerging financial technologies,” the statement said. 

It said Saqib’s attendance at the event reflected Pakistan’s growing engagement with global discussions shaping the next phase of financial and technological transformation.

“As Pakistan moves toward modernizing its financial infrastructure and strengthening its position in the global digital economy, such high-level engagements signal increasing international recognition of the country’s regulatory direction and leadership,” the statement added. 

Last month, Pakistan signed a memorandum of understanding with a company affiliated with World Liberty Financial to explore the use of a dollar-linked stablecoin for cross-border payments.

Pakistan has stepped up efforts recently to regulate its digital asset sector and is exploring digital currency initiatives as part of broader measures to reduce cash usage.