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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Arbaeen is a major religious public holiday in Iran marking the fortieth day after the Day of Ashura. It commemorates the martyrdom of Husayn ibn Ali, the grandson of Prophet Muhammad. During this period, government offices, banks, and financial markets in Iran are closed, leading to a pause in local economic activity.
The date is determined by the Islamic lunar calendar, falling on the 20th day of the month of Safar.
No historical data available