Zakat Calculator
| Gold value | |
|---|---|
| Silver value | |
| Total wealth | |
| Net wealth after debts | |
| Current nisab |
Zakat is a pillar of Islam due on wealth that reaches the nisab threshold and has been held for a lunar year. This calculator works out the zakat due on your cash, gold and silver based on current gram prices, with an option to deduct short-term debts.
How to use
- Enter your total cash (bank balances and cash on hand).
- Enter the weight of any gold and silver you own, in grams.
- Optionally enter short-term debts due this year to deduct them.
- Press Calculate to see the zakat due (2.5%) if your wealth reaches the nisab.
Frequently asked questions
What is the nisab threshold?
The nisab is the minimum amount of wealth on which zakat becomes due, equivalent to 85 grams of pure gold or 595 grams of silver. The calculator uses whichever is lower at current prices.
What percentage of zakat is due?
The due rate is 2.5% of your net zakatable wealth, provided it has reached the nisab and a full Hijri year has passed.
Are debts deducted before calculating zakat?
Short-term debts due within the year are deducted from zakatable wealth according to the majority of scholars, so the calculator includes a field for them.
Is zakat on gold calculated by weight or value?
The gold weight in grams is multiplied by the current 24k gram price, added to your cash, and the total is zakated at 2.5% if it reaches the nisab.