Zakat Calculator

Calculate your Zakat (Islamic almsgiving) on wealth and assets

Nisab Threshold: $5686.20

Assets

Total Assets:$0.00

Liabilities & Results

Total Liabilities:$0.00
Zakatable Wealth:$0.00
Zakat Status
Not Due

About Zakat

Zakat is one of the Five Pillars of Islam and is an obligatory act of charity. It is calculated as 2.5% (1/40th) of wealth that has been in one's possession for a lunar year.

Nisab is the minimum amount of wealth a Muslim must possess before Zakat becomes obligatory. It is equivalent to 87.48 grams of gold or 612.36 grams of silver. Many scholars recommend using the silver nisab as it benefits more people in need.

What assets are included? Cash, bank savings, gold, silver, stocks, business inventory, rental income, and any other form of wealth.

What can be deducted? Immediate debts, loans, and living expenses for the month can be deducted from total assets before calculating Zakat.

Note: This calculator provides an estimate. Please consult with a qualified Islamic scholar or local mosque for specific guidance on your Zakat obligations.

Zakat Calculator Features

Nisab Threshold Calculation

Automatically calculates the minimum wealth threshold based on current gold or silver prices

Gold and Silver Standard Options

Choose between gold (87.48g) or silver (612.36g) nisab standards for accurate calculations

Asset Categories Tracking

Track multiple asset types including cash, bank balances, precious metals, investments, and business assets

Liability Deductions

Deduct debts and loans from total assets to calculate true zakatable wealth accurately

Multi-Currency Support

Calculate Zakat in 8 major currencies including USD, EUR, GBP, AED, SAR, PKR, INR, and MYR

Automatic 2.5% Calculation

Instantly calculates the standard 2.5% Zakat amount on your zakatable wealth

Frequently Asked Questions

What is Zakat and who is obligated to pay it?

Zakat is one of the Five Pillars of Islam and is an obligatory form of charity. Every adult Muslim who possesses wealth above the nisab threshold for one lunar year must pay 2.5% of their zakatable wealth to eligible recipients. It purifies wealth and helps those in need.

What is nisab and how is it calculated?

Nisab is the minimum amount of wealth required before Zakat becomes obligatory. It is equivalent to 87.48 grams of gold or 612.36 grams of silver. The nisab is calculated by multiplying these amounts by current market prices. Many scholars recommend using the silver nisab as it benefits more people in need.

What is the difference between gold and silver nisab?

Gold nisab is based on 87.48 grams of gold, while silver nisab uses 612.36 grams of silver. The silver nisab typically results in a lower threshold, meaning more people qualify to pay Zakat and more assistance reaches those in need. Many contemporary scholars recommend the silver standard for this reason.

Which assets are subject to Zakat?

Zakatable assets include cash, bank savings, gold and silver, stocks and shares, business inventory, rental income, agricultural produce, and livestock. Personal items for daily use such as your home, car, furniture, and clothing are not subject to Zakat. Consult an Islamic scholar for specific cases.

Can I deduct debts and liabilities from my Zakat calculation?

Yes, immediate debts that are due can be deducted from your total assets before calculating Zakat. This includes outstanding loans, bills payable, and other financial obligations. Only deduct debts that are currently due, not long-term debts like mortgages according to some scholars. Consult your local scholar for guidance.

When should I pay my Zakat?

Zakat becomes due once your wealth reaches the nisab threshold and remains above it for one complete lunar year (hawl). Many Muslims choose to pay during Ramadan for increased blessings, but you should pay when your personal lunar year completes. You can calculate and set a specific date each year for consistency.

What is the difference between Zakat on savings and investments?

Both savings and investments are subject to Zakat if they have been held for a lunar year. For savings accounts, calculate 2.5% on the total balance. For stocks and investments, scholars differ: some calculate on market value, others only on dividends received. Consult a knowledgeable scholar for your specific investment types.

Is this calculator reliable for fulfilling my Islamic obligation?

This calculator provides accurate mathematical calculations based on standard Zakat principles. However, individual circumstances vary and Islamic law has nuances. Use this as a helpful tool, but consult a qualified Islamic scholar or your local mosque for personalized guidance, especially for complex financial situations.