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Zakat Calculator

WHAT IS ZAKAT

Offering zakat is a religious obligation for Muslims, and is the third of the five pillars of Islam (right after prayer). In Arabic, zakat means purification, growth, and blessing. Paying zakat is meant to remind Muslims to be appreciative of the blessings that Allah (Subhana Wa Ta’ala) has bestowed upon them, and to help empower those who have less. There are two primary forms of zakat: zakat al-mal and zakat al-fitr.

Offering Zakat

Zakat is payable at 2.5% of the wealth one possesses above the nisab. Nisab, which is equal to Your Nisab will be the equivalent of 87.5 grams of gold or 612.4 grams of silver, is the minimum amount of wealth one must have before they are liable to pay zakat. Zakat is liable on gold, silver, cash, savings, investments, rent income, business merchandise and profits, shares, securities, and bonds. Zakat is not paid on wealth used for debt repayment of living expenses such as clothing, food, housing, transportation, education, etc

Enter your Zakatable Assets

Gold

(at current value)

Receivables

Add the total value of your receivables

Pension

Add the total value of your pension

Silver

Add the total value of your silver

Business Stock

Add the total value of your business stock

Other Incomes

Add the total value of your other incomes

Cash

Add the total value of your cash

Shares

Add the total value of your shares

Total Assets

Liable for Zakat

$0.00

Deduct Personal Loan

Add the total value of your personal loan

Deduct Employees' Salaries

Add the total value of your employees' salaries

Deduct Utility Bills

Add the total value of your utility bills

Deduct Expenses

Add the total value of your expenses

Deduct Mortgage/Rent

Add the total value of your mortgage

Deduct Overdraft

Add the total value of your overdraft

Deduct Tax

Add the total value of your tax

Total Liabilities

Liability value

$0.00

Total Assets

Liable for Zakat

$0.00

Gold Nisab Value

Current Nisab Value

This is the Gold Nisab.
Gold Nisab is 85 grams

$0.00

Total Liabilities

Liability value

$0.00

Silver Nisab Value

Current Nisab Value

This is the Silver Nisab.
Silver Nisab is 595 grams

$0.00

Total Net Asset

Assets - Liabilities

$0.00

Total Payable Zakat Value

Total Net Asset x 2.5% = Total Zakat You Owe for the Year

$0.00

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