Calculate zakat owed at 2.5% of net zakatable wealth, once it meets the nisab threshold.
How It Works
How Zakat Calculator Works
Outstanding debts are subtracted from your total zakatable wealth (cash, savings, gold, silver, and qualifying investments) to get your net zakatable wealth. If that net figure meets or exceeds the nisab threshold — a minimum amount below which zakat isn't due — 2.5% of it is owed as zakat.
FAQ
Frequently Asked Questions
What is the nisab threshold based on?
Nisab is traditionally based on the value of a fixed weight of gold or silver, which fluctuates with current metal prices — check a current Islamic finance resource for today's value in your currency, and enter that figure directly into the calculator.
What counts as zakatable wealth?
Generally cash, bank savings, gold and silver, and business or investment assets held for a full lunar year — personal-use items like your primary home and car typically aren't included. If you're unsure about your specific situation, a knowledgeable scholar can advise on the details.