Zakat Calculator – Calculate zakat al fitr
Use our free Zakat calculator to determine your annual Zakat obligation. Essential for Islamic financial planning, wealth management, and fulfilling your religious duties.
Current Market Prices
Nisab Threshold Selection
Islamic law allows using either gold or silver nisab. Most scholars recommend using the lower nisab (usually silver) to benefit more recipients.
Zakatable Assets
Liabilities (Deductible)
Understanding Zakat: Islamic Financial Obligation
What is Zakat?
Zakat is one of the five basic pillars of Islam. It is a compulsory charity that Muslims who have enough wealth must give once every year to help people in need.The word “Zakat” means purification and growth. It purifies a person’s wealth and heart, and it helps society grow stronger by supporting the poor, needy, and less fortunate. Zakat is not just financial help — it is also an act of worship and a way to show gratitude to Allah for the blessings He has given.
Who Must Pay Zakat?
Muslims must pay Zakat when they meet a few important conditions. A person should be Muslim, mentally sound, and in full ownership of their wealth. They should also have had this wealth in their possession for one complete lunar year (called Hawl).Most importantly, their total savings and assets must be above a minimum limit known as the Nisab. If a person’s wealth stays above this threshold for a full year, then paying Zakat becomes an obligation.
What is the Nisab Threshold?
Nisab is the minimum amount of wealth a Muslim must have before Zakat becomes obligatory. There are two ways to calculate Nisab:
- Gold standard: 87.48 grams (7.5 Tola) of gold
- Silver standard: 612.36 grams (52.5 Tola) of silver
Since gold and silver prices change every day, the exact Nisab value also changes according to the current market rate..
How to Calculate Zakat
Formula: Zakat = 2.5% × (Total Zakatable Assets − Liabilities)
If your net wealth is above the nisab, you owe 2.5% of that wealth in Zakat. If your wealth is below the nisab, no Zakat is required.
What Assets are Zakatable?
Zakatable assets include:
- Cash and bank savings
- Gold and silver jewelry, coins, and bullion
- Stocks, bonds, and securities
- Business inventory and merchandise
- Cryptocurrency and digital assets (according to most scholars)
- Money owed to you (if recoverable)
Non-zakatable assets include:
- Primary residence
- Personal vehicles for daily use
- Tools and equipment for work
- Household items and furniture
- Clothing and personal effects
Important Reminders
- Gold and silver prices fluctuate daily – verify current prices before calculating your nisab
- This calculator provides general guidance; consult an Islamic scholar for personalized advice
- Different schools of Islamic jurisprudence may have varying interpretations
- Keep records of your wealth and Zakat payments for transparency