Zakat Calculator
This free zakat calculator helps you work out the zakat due on your wealth — cash, savings, gold, silver, business assets, and investments — at the standard rate of 2.5%, provided your total exceeds the nisab threshold. Zakat is one of the five pillars of Islam, an annual obligation to give a portion of accumulated wealth to those in need. Enter your assets and liabilities and the calculator computes the zakat payable.
How to Use the Zakat Calculator
- Enter your zakatable assets — cash, bank balances, gold, silver, shares, and business stock.
- Subtract immediate liabilities (debts due).
- Compare to the nisab threshold.
- Calculate — see the zakat due (2.5% of net zakatable wealth).
How Zakat Is Calculated
Zakat = Net Zakatable Wealth × 2.5%
Net zakatable wealth is your total zakatable assets minus immediate debts. If this amount is above the nisab and has been held for one lunar year (hawl), zakat is due at 2.5%. For example, on net wealth of $10,000 above nisab, zakat is $250.
What Is the Nisab?
| Nisab Standard | Threshold |
|---|---|
| Gold | Value of 87.48 grams of gold |
| Silver | Value of 612.36 grams of silver |
The nisab is the minimum amount of wealth a Muslim must hold before zakat becomes obligatory. It is based on the value of gold or silver; many scholars recommend using the silver standard so more wealth becomes eligible for charity.
What Counts as Zakatable Wealth?
- Cash, savings, and bank balances
- Gold and silver (jewelry rules vary by scholarly opinion)
- Business inventory and trade goods
- Shares, investments, and certain receivables
Note: Zakat rules have scholarly nuances. Consult a knowledgeable scholar for your specific situation.
Frequently Asked Questions
How much zakat do I pay?
Zakat is 2.5% of your net zakatable wealth, provided it exceeds the nisab and has been held for one lunar year. On $10,000 net wealth, that is $250.
What is the nisab?
The nisab is the minimum wealth threshold for zakat to be due, equal to the value of 87.48 g of gold or 612.36 g of silver.
What assets are subject to zakat?
Cash, savings, gold, silver, business inventory, and investments are generally zakatable. Personal items like your home and car are not.
When is zakat due?
Zakat is due once your wealth has stayed above the nisab for a full lunar year (hawl). Many people pay it during Ramadan.
Is this zakat calculator free?
Yes — it is completely free, requires no signup, and calculates your annual zakat at 2.5%.