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Finance

Zakat Calculator

Calculate your annual Zakat obligation on wealth, gold, silver, investments, and business assets. Free Islamic finance tool with Nisab threshold calculations.

Settings

Note: Metal prices are approximate. Using silver Nisab results in a lower threshold, meaning more people qualify to pay Zakat.

💰 Your Assets

Savings, checking accounts, cash on hand

$

Jewelry, coins, bars (market value)

$

Jewelry, coins, bars (market value)

$

Stocks, mutual funds, retirement accounts

$

Inventory, receivables, business cash

$

Rental income property (equity value)

$

Bitcoin, Ethereum, other digital assets

$

Any other zakatable wealth

$
Total Assets$0.00

📉 Deductible Liabilities

Loans, credit cards, mortgages due within the year

$

Utilities, rent, other immediate obligations

$
Total Liabilities-$0.00

Net Zakatable Wealth

$0.00

Nisab Threshold

$6,561.00

Your wealth is below Nisab. No Zakat is due at this time.

What is Zakat?

Zakat is one of the Five Pillars of Islam. It is a form of obligatory charity that purifies wealth and helps those in need. Muslims who possess wealth above the Nisab threshold for one lunar year are required to give 2.5% of their zakatable assets to eligible recipients.

Who Can Receive Zakat?

The Quran specifies eight categories of Zakat recipients (Surah At-Tawbah 9:60):

  • The poor (Al-Fuqara)
  • The needy (Al-Masakin)
  • Zakat administrators
  • Those whose hearts are to be reconciled
  • Those in bondage (slaves and captives)
  • Those in debt
  • In the cause of Allah
  • The wayfarer (stranded traveler)

Frequently Asked Questions

What is Nisab?

Nisab is the minimum amount of wealth a Muslim must possess before Zakat becomes obligatory. It is calculated based on the value of 87.48 grams of gold or 612.36 grams of silver. Most scholars recommend using the silver standard as it benefits more people in need. Learn more about Nisab at IslamQA.

When should I pay Zakat?

Zakat becomes due once a full lunar year (Hawl) has passed since your wealth reached the Nisab threshold. Many Muslims choose to pay during Ramadan to maximize rewards, but it can be paid any time during the year. Use our Islamic Date Converter to track your Zakat anniversary.

Is Zakat on gold jewelry mandatory?

There are different scholarly opinions on this matter. The Hanafi school considers Zakat obligatory on all gold and silver, including jewelry worn regularly. Other schools may exempt regularly worn jewelry. Consult with a qualified Islamic scholar for guidance specific to your situation.

Can I deduct debts from my Zakat calculation?

Yes, you can deduct debts that are due within the current year from your zakatable assets. Long-term debts (like mortgages) may have different rulings - some scholars allow deducting only the current year's payments. For Islamic mortgage guidance, see our Islamic Mortgage Calculator.

Is Zakat required on my primary residence?

No, your primary residence is not subject to Zakat. Similarly, personal items like your car, furniture, and clothing are exempt. Zakat applies to wealth that has the potential to grow, such as savings, investments, and business assets.

Related Islamic Finance Tools

📚 Learn More About Zakat

For detailed rulings and scholarly guidance on Zakat, we recommend these trusted resources:

Need to Track Islamic Dates?

Use our Islamic Date Converter to track your Zakat anniversary and important Islamic dates.

Convert Dates →