Calculate your annual Zakat obligation based on your total zakatable assets and the current Nisab threshold. Covers cash, gold, silver, investments, business inventory, and receivables. Free, no signup.
Zakat is the third pillar of Islam — an annual obligatory alms-giving of 2.5% on wealth that has been held for one full lunar year (Hawl) and exceeds the Nisab threshold. It is distributed to eight categories of recipients defined in the Quran (Surah At-Tawbah 9:60). Always consult a qualified Islamic scholar for personal rulings.
Zakat is calculated at a fixed rate of 2.5% (one-fortieth) of all eligible wealth (zakatable assets minus immediate debts) that meets or exceeds the Nisab threshold and has been in your possession for a complete lunar year.
The Nisab is the minimum amount of wealth a Muslim must possess before Zakat becomes obligatory. It is traditionally defined as either the value of 87.48 grams of gold or 612.36 grams of silver. Because gold and silver prices fluctuate, the Nisab in US dollars changes regularly.
Scholarly opinion is divided on which standard to use. The silver Nisab is lower (currently around $600) and results in Zakat becoming obligatory for more people at lower wealth levels. The gold Nisab is higher (currently around $5,400). Many contemporary scholars recommend checking with your local Islamic centre or scholarly authority for guidance on which standard to apply in your jurisdiction.
| Asset Type | Zakatable? | Notes |
|---|---|---|
| Cash & bank savings | Yes — 2.5% | All liquid cash held for Hawl |
| Gold & silver | Yes — 2.5% | At current market value |
| Investment stocks | Yes — 2.5% | Market value of shares held |
| Business inventory | Yes — 2.5% | Goods held for trade/sale |
| Money owed to you | Yes — 2.5% | Receivables expected to be paid |
| Primary home | No | Personal residence is exempt |
| Personal vehicle | No | Used for personal transport |
| Furniture & clothing | No | Personal use items exempt |
| Long-term debt | Deductible | Only immediate/current debts |