Calculate your Zakat in seconds. Enter your cash, gold, silver and business assets, subtract your debts, and see the 2.5 percent Zakat you owe.
1. Enter your cash, gold, silver, business stock and other zakatable wealth. 2. Enter the debts you owe. 3. Click Calculate Zakat to see the 2.5 percent Zakat due.
Zakat is one of the five pillars of Islam. Every Muslim whose wealth is above a minimum level, called the nisab, must pay 2.5 percent of their zakatable wealth every lunar year to the poor and needy. This free Zakat calculator makes the maths easy: add up your cash, gold, silver, business goods and other zakatable wealth, subtract the debts you owe, and the calculator shows the Zakat due at 2.5 percent. It takes less than a minute, so you can be sure you have paid the right amount.
Many people find Zakat confusing because not everything you own counts. Your house, your car, your clothes and your furniture are not zakatable, because they are for personal use. But cash in the bank, gold and silver jewellery, goods you hold to sell, shares and money lent to others usually are zakatable. Debts you owe are subtracted before the calculation. If your net wealth is below the nisab, no Zakat is due at all.
Suppose you have 500,000 in cash, gold worth 300,000, silver worth 50,000 and business stock worth 200,000. Your total zakatable wealth is 1,050,000. You owe a loan of 100,000, so your net zakatable wealth is 950,000. Zakat at 2.5 percent is 950,000 times 2.5 divided by 100, which is 23,750. Enter these numbers in the calculator above and check that your result matches 23,750.
Take a simpler case: you have 200,000 in cash and no gold, silver or business assets, and you owe nothing. Your net wealth is 200,000, so Zakat is 200,000 times 2.5 divided by 100, which is 5,000. Is Zakat due? Only if 200,000 is above the nisab. The nisab by silver is about 612.36 grams of silver; if silver costs 3,000 per 10 grams, the nisab is about 183,708, so Zakat is due. But the nisab by gold is about 87.48 grams; if gold costs 30,000 per gram, the nisab is about 2,624,400, which is far above 200,000. Scholars differ on which nisab to use, so ask a trusted scholar which one applies to you.
The formula is simple: Zakat = 2.5 percent of (total zakatable wealth minus debts). Zakatable wealth includes cash in hand and in the bank, gold and silver (jewellery and coins), goods held for trade, shares, and money others owe you that you expect to get back. It does not include your home, car, furniture, clothes or tools of your trade. Two conditions must be met before Zakat is due: your net wealth must be above the nisab, and you must have owned it for one full lunar year (hawl). The nisab is 87.48 grams of gold or 612.36 grams of silver.
Value gold and silver at today's price. Check the current market price on the day you calculate Zakat, because prices change daily. Count all your bank accounts. Include savings accounts, current accounts and any cash at home. Do not forget business stock. Goods you hold to sell are zakatable at their current selling value. Subtract real debts. Only subtract debts that are due now or within the year, not long-term loans that are not yet due — ask a scholar if unsure. Pay Zakat to the right people. Zakat must go to the poor, the needy and the other categories mentioned in the Quran.
Paying Zakat on your house and car. Things for personal use are not zakatable, so do not include them. Forgetting gold jewellery. Gold jewellery is zakatable in most opinions, even if you wear it daily. Using last year's prices. Gold and silver prices change, so always use today's price. Not subtracting debts. Debts reduce your net wealth, so subtract them before you calculate. Paying Zakat before the year is complete. Zakat is due after one lunar year of owning the wealth above nisab, although paying early is allowed by many scholars.
Pro Tip: Pick one date every year, such as the 1st of Ramadan, as your Zakat date, and calculate your Zakat on that date every year. It makes the yearly habit easy.
Note: This calculator gives a general estimate. Zakat rules have details that differ between scholars, so ask a trusted local scholar for your personal situation.
What is Zakat? Zakat is a compulsory payment of 2.5 percent of a Muslim's zakatable wealth, paid every lunar year to the poor and needy. It is one of the five pillars of Islam.
How much Zakat do I pay? You pay 2.5 percent of your net zakatable wealth: cash, gold, silver, business goods and similar wealth, minus the debts you owe.
What is nisab? Nisab is the minimum wealth above which Zakat becomes due. It is 87.48 grams of gold or 612.36 grams of silver. If your net wealth is below the nisab, no Zakat is due.
Is Zakat due on my house and car? No. Your home, car, furniture, clothes and tools of your trade are for personal use and are not zakatable.
Is Zakat due on gold jewellery I wear? Most scholars say yes, gold jewellery is zakatable at its current market value, even if you wear it every day. Some scholars differ, so ask a trusted scholar.
When do I pay Zakat? Zakat is due once every lunar year after your wealth has been above the nisab for a full year. Many people choose Ramadan as their Zakat date.
Can I pay Zakat in advance? Yes, most scholars allow paying Zakat before it is due, for example if you want to help someone in urgent need.
Who can receive Zakat? Zakat goes to the poor, the needy, and the other categories named in the Quran (9:60). It should not be given to your parents, children or spouse, who are your direct responsibility.
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