Thousands of Muslims around the world are set to celebrate the festival, which commemorates Abraham's willingness to sacrifice his son Ishamel as an act of submission to God.
It also signifies the end of the Hajj pilgrimage to Mecca, Saudi Arabia, which attracts over two million pilgrims annually
Facts about the festival
Other names for Eid al-Adha are the Major Festival, the Greater Eid (Kurban Bayram), Eid a Qurban or Bagr'Eid.
Like Eid al-Fitr, the festival begins with a Sunnah prayer of two rakats, followed by a serman called a khutbah.
The festival starts on the 10th day of Dhu al-Hijjah - meaning "possessor of the pilgrimage" - the 12th month of the Islamic year according to the Islamic calendar.
While Eid al-Adha is always on the same day of the Islamic calendar, the date on the Gregorian calendar varies from year to year since the Islamic calendar is a lunar calendar and the Gregorian calendar is a solar calendar.
Muslims may purchase an animal known as Udhiya to sacrifice, which must adhere to strict standards required for the meat to be halal.
The festival is marked by the giving of presents, such as clothes. Muslims visit family and friends, and older family members often give children money.
In Pakistan alone, nearly 10 million animals are slaughtered on Eid days.
During Eid al-Adha and the days preceding it, Muslims chant the Takbir. Meaning "God is the greatest", it is a common Islamic Arabic expression used in formal prayer, the call for prayer and as an informal expression of faith.
Muslims are encouraged to prepare themselves for Eid, including: making wudhu (a purification procedure), preparing personal cleanliness and their best clothes.
On the first morning of the festival, Muslims attend morning prayers at local mosques. It believed to be better to take a different route back home than the first taken to reach the mosque.