Zakat Calculator
Calculate your Zakat (2.5%) for the year. Input your assets (cash, gold, savings) and liabilities to determine your net zakatable wealth.
💰 Assets (Wealth)
📉 Liabilities (Deductions)
⚖️ Nisab Threshold
The minimum wealth required to pay Zakat. Usually equals 87.48g of gold or 612.36g of silver. Adjust based on current market rates.
How Zakat is Calculated
Zakat is one of the Five Pillars of Islam. It is an obligatory alms-giving calculated as 2.5% (or 1/40th) of your surplus wealth, provided that wealth exceeds a minimum amount known as Nisab and has been held for a full lunar year (Hawl).
Assets Subject to Zakat
- Cash & Savings: Money in bank accounts, cash on hand.
- Gold & Silver: Jewelry (unless used daily, opinions vary), bars, or coins.
- Investments: Shares, stocks, and crypto-assets held for trading.
- Business Goods: The current value of trading stock/inventory.
Deductible Liabilities
You can deduct debts that are due immediately or within the current lunar year. Long-term debts (like a 30-year mortgage) are typically not deducted in full, usually only the payments due for the current year. Consult a scholar for specific rulings on long-term debt.
The Nisab Threshold
Nisab is the minimum amount of wealth a Muslim must possess for a full lunar year before they are liable to pay Zakat.
- Gold Standard: 87.48 grams (approx 3 oz) of gold.
- Silver Standard: 612.36 grams (approx 21 oz) of silver.
Since gold and silver prices fluctuate daily, we allow you to input the current monetary value of the Nisab in the calculator settings.
? Frequently Asked Questions
Zakat is calculated on your total accumulated wealth (savings + assets), not just your monthly income. It applies to wealth that has been in your possession for one full lunar year.
Zakat is paid once every lunar year (Hawl). Many people choose to pay during Ramadan for extra rewards, but it can be paid at any time once your wealth has reached the Hawl.
No. Personal assets used for daily living, such as your primary residence, car, clothes, and furniture, are exempt from Zakat.