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Hijrah Calendar

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Hijrah Calendar
The Islamic religious calendar. It starts from the date in 622, when Mohammad fled from Mecca to Yathrib, which became Medina. It is not used commonly in Islamic finance, but appears sometimes in marketing literature.


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Unsurprisingly there is a large gallery which tells you everything you could possibly want to know about the life and mission of the Prophet Mohammad (PBUH) from the day of his birth until his journey to Madinah -- the event that marks the beginning of the Hijrah calendar.
There is an element of cyclicality that we have to take note especially as there is public sector payments that are made on a Hijrah calendar that will be reflected on the money supply data that amount to more than SR11 billion-SR12 billion every month as well as private sector payments," John Sfakianakis, chief economist at SABB (Saudi British Bank) said.
Let us begin the new year of the Hijrah calendar hoping for good news because the blessed Hijrah of the Prophet (pbuh) inspired the succeeding generations with optimism and hope for great achievements," he said.
 
 
 
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