Zakat Calculator

What Is a Zakat Calculator?

Zakat is one of the five pillars of Islam: an obligatory charity of 2.5% on qualifying wealth held for a full lunar year, paid by Muslims whose net wealth reaches the nisab threshold. Working it out by hand is fiddly because your wealth is rarely sitting in one place — it is spread across bank accounts, gold jewellery, silver, shares, business stock and money other people owe you, while loans and debts have to be subtracted first. A zakat calculator gathers all of those figures in one place, applies the nisab test, and tells you the exact amount you owe.

This free tool is designed for anyone who pays zakat each year: employees with savings, families holding gold, traders with business inventory, and investors with shares or funds. It works in any currency — rupees, dollars, pounds or riyals — because every input is just a number in the currency you think in. The maths stays the same whatever the currency, so you never need to convert anything before you start.

How to Use This Zakat Calculator

1. Enter your cash and bank savings. Add up everything in current and savings accounts, plus any cash kept at home.
2. Enter your gold and silver, in grams, with today's price per gram. Weigh (or estimate) your gold and silver holdings and look up the current market rate — the tool converts the weight into a value for you. If you hold none of a metal, leave its weight at zero but still enter the price for the nisab standard you use.
3. Add investments, business stock and money owed to you. Include shares, mutual funds and the resale value of trade goods, plus any loans you have given that you expect to be repaid.
4. Subtract your debts. Enter loans, credit card balances and other liabilities that are due — these reduce your net zakatable wealth.
5. Choose your nisab standard and click "Calculate Zakat". Most scholars use the gold nisab (87.48 grams); some prefer the silver nisab (612.36 grams), which is lower and therefore makes more people eligible. The tool shows your net wealth, the nisab value, and your zakat due at 2.5%.

Worked Example: Savings, Gold and Shares

Let us walk through a real calculation so you can see exactly how the tool arrives at its answer. Suppose you hold:

• Cash and bank savings: 5,000
• Gold: 100 grams at 132 per gram = 13,200
• Silver: none = 0
• Shares and mutual funds: 2,000
• Money a friend owes you: 500
• Debts (a personal loan): 1,500

Step by step:

1. Total zakatable assets: 5,000 + 13,200 + 2,000 + 500 = 20,700
2. Net zakatable wealth: 20,700 − 1,500 = 19,200
3. Nisab (gold standard): 87.48 × 132 = 11,547.36
4. Eligibility: 19,200 is above 11,547.36, so zakat is due
5. Zakat: 19,200 × 2.5% = 480

Try your own figures in the tool above — and switch between the gold and silver nisab standards to see how the threshold changes. Because the silver nisab is much lower, the silver standard brings more people into zakat; many scholars recommend it as the safer, more generous option.

Tips for Calculating Zakat Accurately

• Pick one zakat date and stick to it. Choose a fixed date in the Islamic calendar (many people use Ramadan) and calculate everything as it stands on that day each year.
• Use the market rate on your zakat date. Gold and silver prices move daily, so look up the rate for the day you calculate — not the price you originally paid.
• Count gold at its weight, not its craftsmanship. Jewellery counts by gold content value; making charges and stones are usually excluded.
• Do not forget receivables. Money lent to others that you realistically expect back is part of your wealth.
• Only subtract debts that are actually due. Long-term loans are normally deducted only for the instalments falling due within the coming year — when in doubt, ask a scholar.
• Round in favour of the poor. If a figure is uncertain, the cautious practice is to round the zakat amount up rather than down.

Frequently Asked Questions