Zakaat Calculator

Zakaat is one of the five pillars of Islam, making it a vital obligation for eligible Muslims. It involves giving a portion of your wealth to those in need, usually calculated annually. Proper calculation ensures compliance with Islamic law and helps support the community effectively.

Zakaat Calculator

Note: Zakaat is obligatory if your net assets are above the Nisab threshold for one lunar year.
Nisab (Silver): ~612.36g ≈ ₨ value (check latest rate).

Zakaat is typically 2.5% of a Muslim’s qualifying wealth held for a lunar year (Hawl). Eligible wealth includes:

  • Cash and savings
  • Gold and silver
  • Investments and stocks
  • Business inventory
  • Rental income and receivables

Formula Used:

Zakaat Payable = Total Eligible Wealth × 2.5 ÷ 100

Where:

  • Total Eligible Wealth = Sum of all zakatable assets
  • 2.5% = Standard rate of Zakaat for most assets

Some calculators also allow adjustments for:

  • Outstanding debts
  • Nisab threshold (minimum amount of wealth required for Zakaat)

How to Use the Zakaat Calculator

  1. Enter Cash & Bank Savings – Include all liquid assets.
  2. Enter Gold & Silver Value – Provide current market value.
  3. Enter Investments & Stocks – Include eligible securities and shares.
  4. Enter Business Inventory & Assets – Include stock ready for sale.
  5. Enter Debts Owed – Subtract any debts you must pay.
  6. Click Calculate – The tool will display:
    • Total Zakaat amount
    • Breakdown by asset type
    • Confirmation if you meet the Nisab threshold

Example Calculation

Example 1: Individual Savings

  • Cash & Bank = $10,000
  • Gold & Silver = $2,000
  • Investments = $3,000
  • Business Inventory = $5,000
  • Debts = $2,000

Step 1: Total Eligible Wealth = 10,000 + 2,000 + 3,000 + 5,000 – 2,000 = $18,000
Step 2: Zakaat = 18,000 × 2.5 ÷ 100 = $450

Result: You should pay $450 as Zakaat.

Benefits of Using a Zakaat Calculator

  • ✅ Accurate Calculation – Ensures compliance with Islamic principles.
  • ✅ Saves Time – Quickly calculates total Zakaat across all assets.
  • ✅ Clear Asset Breakdown – Helps understand contribution per asset type.
  • ✅ Nisab Verification – Confirms whether your wealth meets the minimum threshold.
  • ✅ Planning Tool – Helps in financial planning and charitable budgeting.

Additional Tips for Zakaat

  • Always use the current market value for gold, silver, and investments.
  • Include all zakatable assets, even small savings.
  • Exclude non-eligible personal assets such as your house, car, or daily-use items.
  • Pay Zakaat on time to maximize spiritual and community benefits.
  • Keep a record of Zakaat payments for future reference.

20 FAQs About Zakaat Calculator

Q1: What is a Zakaat Calculator?
It’s a tool that helps Muslims calculate the amount of Zakaat they must pay on eligible wealth.

Q2: What percentage of wealth is paid as Zakaat?
The standard rate is 2.5% for most zakatable assets.

Q3: Do I need to include my salary?
Yes, include savings from salary held for one lunar year.

Q4: Are personal belongings zakatable?
No, personal items like your house, car, and daily-use items are exempt.

Q5: Do investments count for Zakaat?
Yes, eligible stocks, mutual funds, and securities are included.

Q6: What is Nisab?
Nisab is the minimum amount of wealth a Muslim must have before Zakaat becomes obligatory.

Q7: Does the calculator subtract debts?
Yes, outstanding debts reduce the total Zakaat amount.

Q8: Is Zakaat calculated annually?
Yes, it’s calculated once your wealth completes a lunar year (Hawl).

Q9: Can I pay Zakaat in installments?
Yes, as long as the total amount is fulfilled.

Q10: Do I include gold jewelry?
Yes, gold and silver jewelry above the Nisab threshold is zakatable.

Q11: What if I fall below Nisab during the year?
Zakaat is not required if your wealth drops below Nisab.

Q12: Can I include business assets?
Yes, business inventory and stock are zakatable.

Q13: Does the calculator work globally?
Yes, it works anywhere; use local currency and current market values.

Q14: Can I calculate Zakaat for multiple years?
Yes, calculate separately for each lunar year.

Q15: Is the calculator religiously compliant?
Yes, it follows standard Islamic Zakaat rules.

Q16: Do I need professional help to calculate Zakaat?
The calculator is sufficient for most cases, but consult a scholar for complex assets.

Q17: Can I calculate Zakaat for cryptocurrency?
Yes, include the current market value of zakatable cryptocurrencies.

Q18: Does it account for savings in retirement accounts?
Include only accessible funds, not locked retirement accounts.

Q19: How accurate is the calculator?
It’s accurate when correct asset values and debts are entered.

Q20: Can I use it to plan charitable donations?
Yes, it helps budget Zakaat and other charitable contributions.

Conclusion

The Zakaat Calculator is a practical and essential tool for Muslims aiming to fulfill their religious obligation accurately. By entering cash, savings, investments, gold, silver, and business assets, you can quickly determine the Zakaat you owe.