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Zakat Calculator
Zakat is one of the five pillars of Islam: an annual charity of 2.5% on the qualifying wealth a Muslim has held for a full lunar year, once it reaches the nisab threshold. Enter your assets and liabilities below to estimate the Zakat you owe.
How Zakat is calculated
- Add up your zakatable assets: cash and bank savings, the market value of gold and silver, shares and investments, business stock and trade goods, and money others owe you that you expect to recover.
- Subtract your immediate liabilities, such as debts that are due now. The result is your net zakatable wealth.
- If your net wealth is equal to or above the nisab, the value of 85 grams of gold or 595 grams of silver, Zakat is due at a rate of 2.5%.
- Choosing the nisab: the gold nisab (85g) gives a higher threshold, while the silver nisab (595g) is lower, so it brings more people into Zakat and benefits more recipients. Many scholars today recommend the silver nisab for cash savings.
- What counts: cash and current accounts, savings, the value of gold and silver you own, shares, pensions and investments accessible to you, business inventory and goods bought to resell, and reliable debts owed to you. Your home, personal car, clothes and tools of your trade are not zakatable.
- A worked example: suppose you hold 8,000 in cash, 2,000 in gold and 1,000 in business stock, and you owe 1,000 due now. Your net zakatable wealth is 10,000. If the nisab is 5,000, Zakat is due, and 2.5% of 10,000 is 250.
- Zakat is paid once your wealth has stayed at or above the nisab for one full lunar (Hijri) year, known as the hawl. Many people fix a Zakat date each Ramadan to make it easy to remember.
- Where Zakat goes: the Quran names eight categories of recipients (At-Tawbah 9:60), including the poor, the needy, those in debt and the wayfarer. Zakat al-Fitr, paid at the end of Ramadan, is a separate, smaller obligation.
Frequently asked questions
- What is the nisab for Zakat?
- The nisab is the minimum amount of wealth a Muslim must own before Zakat becomes obligatory. It equals the value of 85 grams of gold or 595 grams of silver. Many scholars recommend using the silver value as it is lower and benefits more recipients.
- Should I use the gold or the silver nisab?
- Both are valid. The silver nisab (595g) is lower, so Zakat becomes due on smaller savings and reaches more of the poor; many contemporary scholars prefer it for cash. The gold nisab (85g) is higher. Use the value of whichever your wealth is closest to, following your local scholars.
- How much Zakat do I pay?
- Zakat is paid at a rate of 2.5% (one-fortieth) of your net zakatable wealth, provided that wealth is at or above the nisab and has been held for a full lunar year. On 10,000 of net wealth, that is 250.
- What assets are subject to Zakat?
- Cash, savings, gold, silver, shares and investments, business stock and trade goods, and recoverable debts owed to you are all zakatable. Your home, car and personal belongings used for daily living are generally not.
- Do I pay Zakat on my salary and savings?
- You do not pay Zakat on income as you earn it. Instead, whatever of your salary remains as savings on your annual Zakat date is added to your other cash and counted toward the nisab and the 2.5% calculation.
- Can I subtract my debts and mortgage?
- You may deduct debts that are immediately due, such as this month's bills or a payment falling due now. Long-term debts like a mortgage are usually deducted only by the current instalment due, not the entire outstanding balance. Follow the view of your local scholars.
- Who can receive my Zakat?
- The Quran lists eight categories (At-Tawbah 9:60): the poor, the needy, those employed to collect it, those whose hearts are to be reconciled, freeing captives, those in debt, in the cause of Allah, and the stranded traveller. Zakat is not given to your own dependants you are already obliged to support.
- Is the Qurani Zakat calculator accurate and private?
- Qurani works out your Zakat at 2.5% above the nisab entirely on your device, no account, no sign-up and no data leaves your phone. It is an estimate to help you understand your Zakat; for complex wealth, consult a qualified scholar.