Zakat Calculator

Zakat is one of the five pillars of Islam and an obligatory form of worship for every adult Muslim of sound mind whose wealth meets the nisab threshold. The word 'zakat' means 'purification' — by giving a portion of your wealth, you purify what remains and fulfil a duty to those in need. It is calculated as 2.5% of your qualifying wealth held for one full lunar year (hawl).

Nisab is the minimum amount of wealth a Muslim must possess before zakat becomes due. It is measured using the value of either 87.48 grams of gold or 612.36 grams of silver. Most scholars recommend using the silver threshold, as it is lower and ensures more people fulfil their obligation. If your net zakatable assets meet or exceed the nisab on your zakat date, you owe 2.5% of your total zakatable wealth.

Zakat is obligatory for every adult Muslim of sound mind who possesses the nisab amount of wealth for a full lunar year. It is not required of children, though a guardian may pay on their behalf according to some scholars. If your wealth falls below nisab at your zakat anniversary, no zakat is due until your wealth again meets the threshold for a full year.

• Cash & savings — Bank accounts, cash at home, and digital wallets
• Gold & silver — All gold and silver you own, including jewellery (Hanafi)
• Investments — Stocks, shares, ISAs, and investment funds
• Business assets — Stock-in-trade, inventory, and receivables
• Debts owed to you — Money lent to others that you expect to receive

You should pay zakat once every lunar year on your personal hawl — the anniversary of the date your wealth first reached the nisab threshold. Many Muslims choose to pay during Ramadan for increased reward, though you may pay at any time. If you are unsure of your exact date, pick a fixed date each year and assess your wealth on that day consistently.