87.48 grams (7.5 tola)
612.36 grams (52.5 tola)
* Values are approximate. Please verify current market prices.
Zakat = 2.5% × Net Zakatable Wealth
Net Zakatable Wealth =
Cash + Gold + Silver + Investments + Business Assets - Debts
Zakat is only due if net wealth exceeds the Nisaab threshold for one complete lunar year.
Zakat is one of the Five Pillars of Islam and represents a mandatory form of charity. It is an obligation upon every Muslim who possesses wealth above the Nisaab (minimum threshold) for one complete lunar year. The word "Zakat" comes from the Arabic root meaning "to purify" or "to grow," signifying that paying Zakat purifies one's wealth and brings blessings.
The standard Zakat rate is 2.5% (1/40th) of one's net zakatable assets. This annual obligation helps redistribute wealth within the Muslim community and provides support for those in need, including the poor, those in debt, travelers, and others specified in Islamic teachings.
To calculate Zakat, first determine your total zakatable assets including cash, gold, silver, investments, and business inventory. Then subtract any outstanding debts you owe. If your net zakatable wealth exceeds the Nisaab threshold and you have held this wealth for one lunar year, you owe Zakat at 2.5% of the total.
Step 1: Add All Zakatable Assets
Include cash, bank balances, gold, silver, stocks, business goods, and receivables.
Step 2: Subtract Liabilities
Deduct debts, bills due, and other financial obligations from the total.
Step 3: Check Against Nisaab
Compare your net wealth to the Nisaab threshold (gold or silver equivalent).
Step 4: Calculate 2.5%
If above Nisaab, multiply your net zakatable wealth by 2.5% to get your Zakat due.
According to Islamic teachings, there are eight categories of people eligible to receive Zakat:
This Zakat calculator provides estimates based on entered values and general guidelines. The calculations use approximate market values for gold and silver which may vary. Different schools of Islamic jurisprudence may have varying opinions on certain aspects of Zakat calculation. Please consult a qualified Islamic scholar or religious authority for precise Zakat obligations and to ensure compliance with your specific school of thought.