Prophet's Ascension, known as Isra Mi'raj, is a significant public holiday in Indonesia marking the night journey of Prophet Muhammad. During this day, financial markets, government offices, and banks across Indonesia are closed. It is a time for religious reflection and community gatherings, leading to a complete halt in local trading activity. Investors should expect significantly lower liquidity in IDR-denominated assets during this period.
The date is determined by the Islamic lunar calendar, falling on the 27th day of the month of Rajab. As a lunar-based event, its date on the Gregorian calendar shifts approximately 11 days earlier each year.
No historical data available
