Zakat Calculator - Calculate Your Islamic Charity Obligation

Zakat Calculator

Calculate your Zakat obligation according to Islamic principles based on your gold, silver, savings, and assets

Currency & Rates

USD
USD

Your Assets

USD
USD
USD
USD

Liabilities

USD
USD

Your Zakat Calculation

0.00 USD

This is 2.5% of your total Zakatable assets

Total Assets: 0.00 USD
Total Liabilities: 0.00 USD
Net Zakatable Assets: 0.00 USD
Nisab Value (Gold Standard): 0.00 USD
Zakat Rate: 2.5%

Nisab Information: The Nisab is the minimum amount of wealth a Muslim must possess before they are liable to pay Zakat. Based on the gold standard, the Nisab threshold is 87.48 grams of gold.

Frequently Asked Questions

What is Zakat?
Zakat is one of the Five Pillars of Islam and is an obligatory form of charity or almsgiving for all eligible Muslims. It requires Muslims to donate a fixed portion of their wealth to those in need.
Who is required to pay Zakat?
Zakat is obligatory for every adult Muslim who owns wealth equal to or exceeding the Nisab threshold for one lunar year. The person must be of sound mind and free (not a slave).
What is the Nisab threshold?
The Nisab is the minimum amount of wealth a Muslim must possess before they are liable to pay Zakat. It is equivalent to 87.48 grams of gold or 612.36 grams of silver. Most scholars recommend using the gold standard for calculation.
What is the Zakat rate?
The standard Zakat rate is 2.5% (or 1/40) of your total zakatable wealth that has been in your possession for a lunar year.
What types of wealth are subject to Zakat?
Zakat is payable on cash, gold, silver, business assets, investments, livestock, agricultural products, and minerals. Personal items such as primary residence, personal vehicles, and household furniture are generally exempt.

Zakat Calculator © 2023 - An Islamic Finance Tool

This calculator is provided for educational purposes. For precise Zakat calculation, please consult with a qualified Islamic scholar.