Calculate Your Zakat with Confidence
A simple explanation of how zakat works, what counts towards it, and how to calculate what you owe.
What is zakat?
Zakat is one of the five pillars of Islam. It is a fixed share of your wealth, given each year to those in need, and it purifies both your wealth and your heart.
It is due on wealth that stays above a minimum level, called the nisab, for one full lunar year. The standard rate is 2.5 percent of your net wealth.
What counts towards your zakat
- Cash in hand and money in bank accounts.
- Gold and silver you own, valued at today's price.
- Investments and shares.
- Business stock held for sale.
- Money owed to you that you expect to get back.
- Debts that are due now are deducted from your total.
Understanding the nisab
The nisab is the minimum amount of wealth before zakat becomes due. It is based on either 87.48 grams of gold or 612.36 grams of silver. The silver nisab is lower, so more people qualify when it is used, while the gold nisab is higher.
Scholars differ on which to follow, so this calculator lets you choose. If you are unsure, ask a scholar you trust.
Why live prices matter
The nisab changes with the price of gold and silver, so a fixed figure goes out of date quickly. This calculator loads current prices in your chosen currency and lets you edit them if you prefer to use a different figure.