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The Martyrdom of Fatima is a significant religious public holiday in Iran, mourning the death of the daughter of Prophet Muhammad. During this period, the Tehran Stock Exchange and all financial institutions across the country are closed. This observance can influence regional trade schedules and logistics due to the widespread closure of businesses. It is a day of high cultural and religious importance that dictates the rhythm of the Iranian economy.
The holiday is observed based on the Islamic Hijri calendar, specifically on the 3rd of Jumada al-Thani. The exact Gregorian date shifts annually according to lunar sightings.
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