Zakat Calculator

Calculate your Zakat obligation accurately based on your assets

Your Assets

Include all gold you own (jewelry, coins, bars)

Include property for resale, cryptocurrencies, etc.

Zakat Calculation

Total Zakatable Wealth: 0
Nisab Threshold: 0

Current nisab value based on gold standard (87.48 grams)

Do You Qualify for Zakat? No
Your Zakat Due (2.5%): 0

Note: This calculator uses the gold standard for nisab calculation. The nisab threshold is equivalent to the value of 87.48 grams of gold.

Zakat is payable at 2.5% of your total zakatable wealth that has been in your possession for one lunar year.

Understanding Zakat: A Complete Guide

What is Zakat?

Zakat is one of the Five Pillars of Islam and is an obligatory form of almsgiving for all financially able Muslims. It's a fixed portion (2.5%) of a Muslim's savings and wealth that is distributed to those in need.

Who Must Pay Zakat?

Zakat is obligatory for every Muslim who:

  • Has reached puberty
  • Is of sound mind
  • Owns wealth equal to or above the nisab threshold
  • Has maintained this wealth for one complete lunar year (Hawl)

What is Nisab?

Nisab is the minimum amount of wealth a Muslim must possess before they become liable to pay Zakat. This threshold is equivalent to:

  • 87.48 grams of gold or
  • 612.36 grams of silver

Most scholars recommend using the gold standard today as it's more stable in modern economies.

What Assets Are Zakatable?

Zakat is payable on the following types of wealth:

  • Cash (in hand or in bank accounts)
  • Gold and silver (jewelry, coins, bars)
  • Investments (stocks, mutual funds, retirement accounts)
  • Business inventory and merchandise
  • Receivables (money owed to you that you expect to receive)
  • Agricultural produce and livestock (specific rules apply)

Who Can Receive Zakat?

The Quran specifies eight categories of people eligible to receive Zakat:

  1. The poor (those who don't have enough to meet basic needs)
  2. The needy (those who are in difficulty but may not appear poor)
  3. Zakat administrators
  4. Those whose hearts are to be reconciled
  5. Those in bondage (slaves and captives)
  6. The debt-ridden
  7. In the cause of Allah
  8. The wayfarer (travelers in need)

When Should Zakat Be Paid?

Zakat becomes due after one lunar year (Hawl) of possessing wealth above the nisab threshold. Many Muslims choose to pay their Zakat during Ramadan due to the multiplied rewards, but it can be paid at any time once it becomes due.

How to Calculate Zakat?

To calculate your Zakat:

  1. Calculate the total value of all your zakatable assets
  2. Subtract any immediate debts or liabilities
  3. Check if the remaining amount meets or exceeds the nisab threshold
  4. If it does, calculate 2.5% of this amount as your Zakat due

Common Questions About Zakat

Q: Is Zakat due on my primary home or personal car?
A: No, personal items like your home, car, and furniture are not zakatable assets.

Q: What about money I owe to others?
A: Immediate debts can be subtracted from your total wealth before calculating Zakat.

Q: Can I give Zakat to family members?
A: You cannot give Zakat to your immediate dependents (spouse, children, parents), but you may give it to other relatives in need.