Zakat Calculator
Enter your zakatable assets below. The calculator checks whether you meet the nisab threshold and works out 2.5% of your net zakatable wealth.
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How zakat is calculated
Zakat is one of the five pillars of Islam — an annual charitable payment of 2.5% on wealth that has been in your possession for one full lunar year (hawl), provided that wealth meets a minimum threshold called the nisab.
The calculation has three steps. First, add up all your zakatable assets: gold, silver, cash in hand and in bank accounts, business inventory held for sale, and investments such as shares or money owed to you that you expect to receive. Second, subtract debts that are currently due. Third, compare the net amount with the nisab — if your wealth is at or above nisab, you pay 2.5% of the full net amount.
What is nisab?
Nisab is the minimum amount of wealth a Muslim must own before zakat becomes obligatory. It is defined in terms of precious metals: 87.48 grams of gold or 612.36 grams of silver. Because gold and silver prices differ, the two standards give different thresholds in currency terms. Many scholars recommend using the silver standard because its lower threshold means more people pay zakat, which benefits the poor.
What counts as zakatable wealth?
- Included: gold and silver (jewellery rulings vary by school — consult your scholar), cash, bank balances, business stock intended for sale, shares and investment funds, money lent to others that you expect back.
- Not included: your home, personal car, furniture, clothing, and tools or equipment used to earn a living.
Frequently asked questions
When do I pay zakat?
Zakat is due once your wealth has remained at or above nisab for one complete lunar (Hijri) year. Many people choose a fixed date — often in Ramadan for extra reward — and pay annually on that date.
Do I pay zakat on jewellery I wear?
Scholars differ. The Hanafi school holds that gold and silver jewellery is zakatable even when worn; other schools exempt jewellery in regular personal use. Ask a scholar you trust, and when in doubt, paying is the safer option.
Is zakat due on my salary or my house?
Zakat is not charged on income as it is earned, but on savings that remain after a lunar year. Your primary residence is exempt; property bought for resale or rental income has its own rulings.
Should I use the gold or silver nisab?
If you own only gold, use the gold standard. If your wealth is mixed (cash, gold, silver, business assets), most contemporary scholars recommend the silver standard because it is lower and more cautious.