Zakat Calculator

Zakat is one of the five pillars of Islam. This calculator only does the arithmetic on figures you provide. It is an estimate for general information and not a religious ruling, and it is not affiliated with any religious body.

1. Choose Nisab based on: Silver (612.36 g), the default, or Gold (87.48 g).
2. Enter Price of 1 gram of gold and Price of 1 gram of silver in your own currency, taken from a source you trust on the day you calculate. All boxes start at 0, and the tool asks for the metal price first.
3. Fill in Cash, bank balances and savings, Gold you own (grams) and Silver you own (grams).
4. Add Shares, funds and business stock (market value) and Money owed to you that you expect to receive.
5. Enter Debts and bills due now, then read the zakat due, your net wealth and the nisab.

Use one currency throughout. If your assets are in several currencies, convert them into one currency first, using a rate you trust on the day you calculate. If you enter grams of a metal without its price, the tool asks for the price so the grams can be valued.

The calculator follows four steps.

• Total assets = cash + gold grams x gold price + silver grams x silver price + investments + money owed to you.
• Net wealth = total assets - debts due now.
• Nisab = 612.36 g x the silver price per gram, or 87.48 g x the gold price per gram, depending on your choice.
• If net wealth is at least the nisab, zakat due = 2.5 percent of net wealth. Otherwise the result is zero.

The prices below are made-up round numbers for illustration, not real prices.

Example 1. Cash 2,000, debts 100, silver at 1 per gram. Net wealth is 1,900, the silver nisab is 612.36, so zakat is 2.5 percent of 1,900 = 47.50.

Example 2. Cash 10,000, gold 50 g at 60 per gram (3,000), investments 5,000, gold nisab selected. Total assets are 18,000. The nisab is 87.48 x 60 = 5,248.80, and net wealth is well above it, so zakat is 2.5 percent of 18,000 = 450.00.

If your debts are larger than your assets, the tool states that no zakat is due on these figures. If your net wealth is below the nisab, the result is shown as zero with a note that you are below it on this basis. The silver nisab is the lower of the two, so more people reach it, which is one reason the choice of basis matters. The percentage calculator will confirm 2.5 percent of any amount.

Zakat has conditions that a calculator cannot see. The main one is that the wealth has been held for one lunar year, called the hawl. The tool does not check dates or how your balance changed during the year, so deciding which date and which figures to use is your responsibility.

Scholars and schools of thought also differ on several questions that change the numbers:

• whether personal jewelry counts, and at what value;
• which debts may be deducted and how much of a long-term debt;
• how business assets and stock are valued;
• how retirement funds and pensions are treated;
• whether to use the gold or the silver nisab.

This calculator makes simple, stated choices for each field. It cannot decide which view applies to you, and it does not issue rulings. Treat the result as an estimate to start a conversation, then confirm the amount, the nisab and the categories with a qualified scholar or your local zakat authority before you pay. The note shown under the result says the same thing in short form.

A tidy list makes the estimate more useful. Before you open the calculator, gather the values for one chosen date.

• Balances from your bank and savings statements, plus cash you hold.
• The weight in grams of any gold and silver you own, taken from a receipt or a scale, and the price per gram from a source you trust that day.
• The market value of shares, funds and business stock on that date.
• Money others owe you that you actually expect to receive.
• Debts and bills that are due now.

Write down the date, the metal prices and the figures you used, so next year you can compare. If you save toward a payment, the savings goal calculator can show a monthly amount to set aside. To see how an investment has changed since you bought it, the ROI calculator gives the gain or loss, and the average calculator can add or average several balances if you want that for your own notes.

Common mistakes are mixing currencies, entering the price of a kilogram or an ounce in a box that expects a gram, and forgetting to enter any metal price, which leaves the nisab undefined. Check these before you rely on the number.