Zakat & Charity
Calculate your Zakat accurately with our comprehensive guide. Understand nisab thresholds, eligibility requirements, and fulfill your obligation with confidence.
This is a demo of the Zakat Calculator
Demo: Total Wealth
$15,420
$199
(2.5% of wealth above nisab)
Nisab is the minimum threshold of wealth. We use the gold nisab (87.48g) as it's more conservative. Zakat is 2.5% of wealth above the nisab that has been held for one lunar year.
Understanding Zakat
What is Nisab?
The minimum threshold of wealth that makes Zakat obligatory. For gold, it's 87.48 grams. If your wealth exceeds this for a full year, Zakat is due.
The Zakat Rate
Zakat is 2.5% (1/40) of your eligible net assets per lunar year. This applies to gold, silver, cash, investments, and trade goods.
Frequently Asked Questions
What is nisab for Zakat?
The nisab is the minimum threshold of wealth that makes one liable for Zakat. For gold, it is 87.48 grams (approximately 7.5 tola). For silver, it is 612.36 grams. For cash and trade goods, it is equivalent to the value of 87.48 grams of gold.
Who must pay Zakat?
Zakat is obligatory for every adult Muslim who possesses wealth above the nisab threshold for a full lunar year. The wealth must be in your possession, not borrowed or owed to others.
What is the Zakat rate?
The Zakat rate is 2.5% (1/40) of total eligible wealth per lunar year. This applies to gold, silver, cash, trade goods, and agricultural produce.
Is Zakat on investments required?
Yes, investments such as stocks, bonds, and business assets are subject to Zakat if they meet the nisab threshold and have been held for a full lunar year. The value of investments is included in net assets for Zakat calculation.
When is Zakat due?
Zakat becomes due after wealth has been in your possession for a full lunar year (Hawl). Many Muslims prefer to pay during Ramadan, as it is more rewarding, but it can be paid throughout the year.
What qualifies as Zakat-eligible gold?
Gold and silver in any form (jewelry, coins, or bullion) qualifies for Zakat if it meets the nisab threshold. Personal jewelry worn daily is often exempt, but scholar guidance should be sought.
All guidance is based on mainstream Islamic scholarship. When in doubt, consult your local scholar.