Zakat calculator

How this is calculated

Zakat is worked out from your net wealth, compared with the nisab, the minimum below which zakat is not due. These are the formulas used:

Net zakatable wealth

Cash + gold + silver + trade goods + money owed + investments + other − debts due

Nisab value

Nisab weight in grams × price per gram of the chosen metal

Zakat due

2.5% of net wealth, if net wealth ≥ nisab and a full lunar year has passed

The nisab is set by a weight of silver or gold. The figures commonly used are 612.36 grams of silver and 87.48 grams of gold. Some scholars use slightly different values, so you can change the weight. Because silver is cheaper than gold, the silver nisab is a much lower amount than the gold nisab.

Gold and silver are valued at the price per gram in the boxes. These fill in with the live international market price converted to your currency, and refresh every minute. A jeweller in your country may charge a different price, so type your local price if you prefer it. If the live price cannot be loaded, type a price from a source you trust.

Views differ on what counts as zakatable, for example personal jewellery, shares and long-term debts. This calculator counts the items you enter and subtracts the debts you enter, and nothing else. Check your own situation with a qualified scholar.

It does not cover farm produce, livestock or other categories that have their own rules, and it is not a religious ruling.

Worked example

With $50,000.00 in cash, 10 g of gold at $8,000.00 a gram, $20,000.00 of business stock and $15,000.00 of debts due, the net wealth is $135,000.00. Using the silver nisab with silver at $100.00 a gram, the nisab is $61,236.00. The net wealth is above it, so once a full lunar year has passed, zakat at 2.5% is $3,375.00. These prices are examples, not today's prices.