Calculate your Zakat with our easy-to-use calculator. Enter your assets and liabilities to determine your Zakat obligation. Zakat is calculated at 2.5% of your net wealth above the nisab threshold.
The nisab is the minimum amount of wealth a Muslim must have before they are liable to pay Zakat. The nisab for gold is 87.48 grams (or 7.5 tolas or ~3 ounces), and for silver, it is 612.36 grams (or 52.5 tolas or ~21.7 ounces).
If the total weight of gold or silver you own equals or exceeds the nisab threshold, you must pay Zakat on it if you've held this wealth for one lunar year (Hijri year). The Zakat rate is 2.5% of the total value of the gold or silver in your possession.
It's advisable to consult with knowledgeable Islamic scholars or local religious authorities to determine the most appropriate Nisab threshold for your specific situation.
Zakat is one of the Five Pillars of Islam. It is a mandatory charitable contribution that helps purify wealth and support those in need. The standard rate for Zakat is 2.5% of one's qualifying wealth held for one lunar year.
If you need assistance calculating your Zakat or have questions about what assets are eligible for Zakat, please contact our Zakat advisors.