Besides its religious significance, the slaughtering of Qurbani animals in Pakistan during Eid-ul-Adha also has significant economic implications, involving billions of rupees and serving as a source of income for millions of people in the country.
This year, over 1,250,000 Qurbani animals were slaughtered across Pakistan during the three days of Eid-ul-Adha. The total value of these animals was around Rs. 500 billion, with the hides alone valued at Rs. 85 billion.
According to a report by the Pakistan Tanners Association, this year’s sacrifices included 290,000 cows, 330,000 goats, 385,000 sheep, 98,000 camels, and 165,000 buffaloes.
The report also highlighted concerns that up to 40% of the hides could be wasted due to extreme heat and poor management. The total value of sacrificial animal hides exceeds Rs. 85 billion.
The association noted that Qurbani animals typically supply 20% of the raw materials for the leather industry annually, although this year’s contribution is expected to decrease by 20%.
It should be noted that due to high inflation, many people were unable to perform Qurbani this year.
