It begins not with fireworks, but with reflection. The Islamic New Year – also known as Hijri New Year – commemorates the migration of Prophet Muhammad from Mecca to Medina, a pivotal moment in Islamic history. It’s a quiet, spiritual reset observed by millions worldwide, following the lunar calendar and ushering in a time of renewal and hope.
As dusk falls over Jakarta, the call to prayer echoes across the rooftops. It's softer tonight, more contemplative. It's the first of Muharram – the start of the Islamic New Year.
No countdowns. No champagne. Instead, silent prayers, family gatherings, and acts of charity. The Hijri New Year marks the Hijra – the migration of Prophet Muhammad in 622 CE, a journey that redefined faith and community, and began the Islamic calendar.
Across the globe – from Morocco to Malaysia – Muslims observe this day with reflection. Some fast, others donate to the poor. In countries like Pakistan and the UAE, it's a public holiday. Elders share stories, children learn the meaning behind the date, and many take time to set spiritual intentions for the year ahead.
Since the Islamic calendar is lunar, the date shifts each year. In 2024, the New Year begins on the evening of July 7.
In Muslim-majority nations, the Islamic New Year can signal a new financial chapter. It’s common for families to plan major purchases or investments – including real estate – around this time. In the Gulf region, major development announcements often align with the new year. For investors, understanding these cultural cycles can offer strategic timing advantages.
