A tool to calculate the annual Zakat (2.5%) due on your eligible wealth, in accordance with the principles of Islamic finance. Gold and silver prices fetched live; Zakat calculated as you type.
Step 01 — Nisab Threshold
Live Gold & Silver Prices
The Nisab is the minimum wealth a Muslim must possess before Zakat becomes obligatory. It is measured against the value of gold (87.48g) or silver (612.36g).
Fetching live prices…
Gold price (per gram)Live
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Silver price (per gram)Live
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Which Nisab standard?
Most contemporary scholars recommend the silver standard as it yields a lower threshold — more Muslims become eligible to give, benefitting more recipients. Some follow the gold standard. Choose based on your scholarly tradition.
Step 02 — Assets
Zakatable Wealth
Enter the total value of each category that you have owned for one full lunar year (hawl). Personal-use items (your home, car, clothing, furniture) are not zakatable.
Cash on hand & in bank accountsSavings, current accounts, foreign currency, digital wallets
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Gold (current market value)Jewellery, coins, bars — at today's price
Investments & sharesStocks, mutual funds, ETFs at current market value
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Business merchandise & inventoryStock-in-trade at current selling value
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Receivables & loans given outMoney owed to you that you reasonably expect to recover
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Retirement & pension fundsAccessible portion only — opinions vary; consult a scholar
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Other liquid assetsCryptocurrency, rental income held, etc.
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Liabilities (Deductions)
Only short-term debts immediately due are deducted. Long-term debts like mortgages are generally not deducted in full — only the portion due this year.
Short-term debts dueCredit card balances, unpaid bills, taxes due
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Other liabilitiesThis year's portion of long-term debts, owed wages
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Important to know
Hawl (one lunar year): Zakat is due on wealth that has remained in your possession for a full lunar year (354 days), having reached or exceeded the Nisab throughout.
The rate is 2.5% (1/40) on net zakatable wealth — a fixed proportion established by the Sunnah of the Prophet ﷺ.
Personal items are exempt: Your primary residence, personal vehicle, clothing, household furniture, and tools of trade are not subject to Zakat.
Scholarly differences exist on whether to deduct mortgages, how to treat retirement accounts, and whether cryptocurrency is zakatable. Where doubt exists, consult a knowledgeable scholar.
This is a tool, not a fatwa. The calculation reflects mainstream Sunni practice but cannot account for every individual circumstance.
Eight categories of recipients are specified in Qur'an 9:60 — the poor, the needy, those employed to collect Zakat, those whose hearts are to be reconciled, slaves seeking freedom, those in debt, in the cause of Allah, and the wayfarer.