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☪️ Tax & Compliance

Zakat Calculator

Calculate your annual Zakat obligation based on savings, gold, silver, business assets and investments. Uses the Nisab threshold (gold or silver standard) with an automatic 2.5% Zakat rate.

Nisab CheckGold & SilverBusiness AssetsLiability Deductions2.5% Zakat Rate
☪️

Zakat Settings

Configure Nisab standard and live metal prices

Nisab Standard

💡 Silver standard is generally more inclusive — more people qualify for Zakat obligations. Most scholars accept both; consult your local scholar if unsure.

$

Nisab (87.48g): $7,873.20

$

Nisab (612.36g): $642.98

Zakatable Assets

Include all assets held for one lunar year (Hawl)

💵 Cash & Savings

💵

Cash on Hand

Physical cash at home / in wallet

$
🏦

Bank Savings

All savings & current accounts

$

🥇 Gold & Silver

🥇

Gold (grams)

Bullion, coins — not jewellery for personal use

g
💍

Gold Jewellery (grams)

Only excess jewellery above personal use

g
🥈

Silver (grams)

Bullion, coins, silverware

g
Gold value: $4,500.00

🏭 Business & Investments

📦

Business Stock / Inventory

Market value of goods held for sale

$
💳

Business Receivables

Amounts owed to you (likely to be paid)

$
📈

Investments / Shares

Market value of stocks, funds, crypto

$
🏠

Rental Income (annual)

Net rental income received this year

$
🤝

Money Lent to Others

Loans you expect to be repaid

$

Liabilities (Deductions)

Only short-term debts due within the lunar year are deductible

🏧

Short-term Debt

Credit card, loans due within the year

$
🏠

Rent / Bills Due

Outstanding rent or utility bills due now

$
📋

Other Payables

Other short-term obligations

$

Nisab Threshold — Gold Standard

Nisab value: $7,873.20 (87.48g gold)

Zakat Due
0✓ $16.6K above NisabNisab: $7.9K

Total Assets

$24,500.00

Total Liabilities

$0.00

Net Zakatable

$24,500.00

Annual Zakat Due

$612.50

2.5% × $24,500.00 net zakatable wealth

$51.04

Monthly

$153.13

Quarterly

$612.50

Annual

Asset Breakdown

2.5% Zakat per category

💵

Cash & Bank Savings

$20,000.00

81.6% of total assetsZakat: $500.00
🥇

Gold

$4,500.00

18.4% of total assetsZakat: $112.50

☪️ Zakat Summary

Zakat Due (2.5%)

$612.50

Alhamdulillah — above Nisab

Total Assets$24,500.00
Total Liabilities− $0.00
Net Zakatable$24,500.00
Nisab Threshold$7,873.20
Nisab Status✅ Above
Zakat Rate2.5%
Annual Zakat$612.50

Asset Composition

Cash & Bank Savings
$20.0K
Gold
$4.5K

📌 Important Reminders

Zakat is due on wealth held for a full lunar year (Hawl).

Long-term property (not for trade) is generally exempt.

Personal jewellery rules vary — consult your scholar.

Zakat on business = stock + receivables − payables × 2.5%.

🧾

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Understanding Zakat

The Third Pillar of Islam

🌙

What is Zakat?

Zakat is the third pillar of Islam — an obligatory annual payment of 2.5% on qualifying wealth held for one lunar year. It purifies wealth and supports those in need.

⚖️

What is Nisab?

Nisab is the minimum threshold of wealth above which Zakat becomes obligatory. It equals 87.48g of gold or 612.36g of silver — whichever is chosen as the standard.

🗓️

What is Hawl?

Hawl is the one lunar year that wealth must be held before Zakat is due. Your wealth must remain above Nisab for the entire Hawl period.

🏠

What is exempt from Zakat?

Personal homes, cars, and household items are generally exempt. Personal jewellery rules vary by school of thought. Long-term investment property (not for trade) is usually excluded.

How It's Calculated

Simple & transparent

1

Add all Zakatable Assets

Cash + Gold + Silver + Business + Investments

Include all wealth held for the full Hawl (lunar year)

2

Deduct Short-term Liabilities

Total Assets − Debts due this year

Only debts payable within the lunar year are deductible

3

Check against Nisab

Net Wealth ≥ Nisab threshold?

If below Nisab, no Zakat is owed this year

4

Calculate 2.5% Zakat

Zakat = Net Zakatable Wealth × 2.5%

Pay to eligible recipients (the 8 categories)

Who Receives Zakat

The 8 eligible categories

As defined in the Quran (Surah At-Tawbah 9:60), Zakat must be distributed among these eight categories of recipients:

1
🤲

The Poor (Al-Fuqara)

Those without means of livelihood

2
😔

The Needy (Al-Masakin)

Those with insufficient income

3
🏛️

Zakat Administrators

Those who collect & distribute

4
💛

Those Whose Hearts to Reconcile

New Muslims or those inclined toward Islam

5
⛓️

Freeing Slaves

Historical — buying freedom

6
💳

The Debt-ridden

Those unable to pay their debts

7
🕌

In the Cause of Allah

Defense & community welfare

8
🛤️

The Wayfarer (Ibn Sabil)

Stranded travelers in need

📌

Scholarly Disclaimer

This calculator provides a general estimate based on widely accepted Zakat rulings. Specific rulings on gold jewellery, business assets, shares, cryptocurrency, and pension funds may vary between madhabs (schools of Islamic jurisprudence). We recommend consulting a qualified Islamic scholar or your local Zakat authority for complex cases or any uncertainty.

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