Zakat Calculator
Calculate your annual Zakat obligation based on Islamic finance principles. Enter cash, gold, silver, investments, and liabilities to determine 2.5% charitable contribution due on qualifying wealth.
Assets
Liabilities (Subtracted)
About This Calculator
The Zakat Calculator helps Muslims determine their annual charitable obligation based on Islamic Shariah principles. Zakat is the third pillar of Islam, making it compulsory for every eligible Muslim who has possessed wealth above the Nisab threshold for one complete lunar year. This tool computes your net worth by adding all Zakatable assets and subtracting your liabilities, then applies the standard 2.5% Zakat rate if your net worth exceeds the Nisab threshold.
Methodology
This Zakat calculator follows the standard methodology endorsed by Islamic scholars worldwide. Zakat is calculated as 2.5% of your net worth (total assets minus total liabilities), provided your net worth equals or exceeds the Nisab threshold. The Nisab is based on either 87.48 grams of gold or 612.36 grams of silver — you may select whichever is more beneficial. Assets subject to Zakat include cash in bank accounts and on hand, loans you have given to others, funds set aside for future plans, investments such as stocks and pensions, the cash value of gold and silver you own, and business inventory or trade goods. Liabilities subtracted include loans you have taken, unpaid wages, and bills payable such as rent, taxes, or utility payments. The calculator does not include exempt assets such as your primary residence, personal vehicle, household furniture, or clothing, as these are not subject to Zakat according to the majority of scholars.
Regional Currency Support
India (IN): All values in Indian Rupees (₹). Gold rate approximately ₹7,000–₹8,000 per gram. Silver Nisab is typically the more practical option due to its lower threshold.
United States (US): All values in US Dollars ($). Gold rate approximately $75–$85 per gram. Silver rate approximately $0.80–$1.00 per gram. Islamic scholars in the US recommend using the silver Nisab for a more conservative obligation.
United Kingdom (UK): All values in British Pounds (£). Gold rate approximately £60–£70 per gram. The UK-based Islamic organisations typically use the silver Nisab for Zakat calculations to ensure nobody misses their obligation.
Nisab rates change daily based on global metal markets. Always verify the current rate per gram of gold or silver in your local currency before calculating. Many Islamic centres publish weekly Nisab values during Ramadan for the community's convenience.
Frequently Asked Questions
What is Zakat in Islam?
Zakat is the third pillar of Islam and an obligatory annual charitable contribution of 2.5% of qualifying wealth. Every eligible Muslim must pay Zakat when their net worth exceeds the Nisab threshold (equivalent to 87.48 grams of gold or 612.36 grams of silver) and has been held for one lunar year.
What is Nisab and why is it important?
Nisab is the minimum amount of wealth that makes Zakat obligatory. It is set at 87.48 grams of gold or 612.36 grams of silver. If your net worth is less than the Nisab value, you are not required to pay Zakat but may still give voluntary charity (Sadaqah). You can choose the silver Nisab for a lower threshold to ensure you do not miss your obligation.
What assets are subject to Zakat?
Assets subject to Zakat include cash in bank and hand, loans given out, savings for future plans, investments (stocks, pensions, certificates), gold and silver (cash value), and business inventory or trade goods. Personal residence, household furniture, vehicles for personal use, and jewelry worn regularly are generally not subject to Zakat according to most scholars.
How is Zakat calculated?
Zakat is calculated as 2.5% of your net worth once it exceeds the Nisab threshold. Net worth is total assets minus total liabilities. Assets include cash, investments, gold, silver, and trade goods. Liabilities include loans taken, wages payable, and unpaid bills. The formula is: Zakat = (Total Assets - Total Liabilities) × 2.5%.
When should I pay Zakat?
Zakat is due once a lunar year (Hijri year) has passed while your wealth remains above the Nisab threshold. Many Muslims choose to calculate and pay their Zakat during Ramadan, the ninth month of the Islamic calendar, as rewards for charity are multiplied during this blessed month. You may select any date that marks one lunar year from when your wealth first exceeded Nisab.
Do I pay Zakat on gold jewelry I wear?
Scholars differ on this issue. The majority view (Hanafi, Shafi'i, Hanbali) is that gold jewelry worn regularly is subject to Zakat if it exceeds the customary amount. The Maliki school exempts worn jewelry entirely. To be safe, many Muslims pay Zakat on all gold they own, including jewelry, above the Nisab threshold.
Can I pay Zakat in monthly installments?
Yes, many scholars permit paying Zakat in advance in monthly or quarterly installments, especially if it helps with cash flow management. The key requirement is that the full Zakat amount (2.5% of net worth) must be paid by the end of the lunar year. Some Muslims set aside 0.208% of their net worth monthly for Zakat.
Who is eligible to receive Zakat?
The Quran specifies eight categories of Zakat recipients: the poor (those with minimal means), the needy (those in difficulty), Zakat administrators, those whose hearts need reconciliation (new Muslims), those in bondage (slaves/freed slaves), those in debt, in the path of Allah (including students and public welfare), and the stranded traveler. Zakat cannot be given to immediate family members (parents, children, spouse).