Zakat Calculator
The Zakat Calculator helps Muslims calculate their annual obligatory charity (Zakat al-Mal) and Zakat al-Fitr based on Islamic principles.
How Zakat Works
Zakat is obligatory for Muslims whose net wealth exceeds the nisab (minimum threshold) for one lunar year. The rate is 2.5% of qualifying wealth above the nisab.
Assets
Enter the current value of all zakatable assets:
- Cash on hand -- Physical currency
- Bank balance -- All savings and checking accounts
- Investments -- Stocks, mutual funds, retirement accounts (if accessible)
- Gold value -- Market value of gold owned
- Silver value -- Market value of silver owned
- Trade goods -- Inventory or merchandise for business
- Property income -- Rental income (not the property itself)
- Receivables -- Money owed to you that you expect to collect
- Other assets -- Any other zakatable wealth
Liabilities
Deduct your current liabilities:
- Debts -- Outstanding loans and obligations
- Expenses due -- Bills and expenses due within the next month
- Other liabilities -- Any other deductible obligations
Nisab Methods
The nisab threshold can be calculated using two methods:
- Gold standard -- Based on 87.48 grams of gold at current market price
- Silver standard -- Based on 612.36 grams of silver at current market price
The silver standard typically results in a lower threshold (meaning more people qualify to pay Zakat). Scholars differ on which to use; consult your local imam.
Zakat al-Mal Calculation
If your net wealth (assets minus liabilities) exceeds the nisab:
Zakat Due = Net Wealth x 2.5%
The calculator shows:
- Total assets, total liabilities, net wealth
- Nisab threshold (based on your chosen method)
- Whether Zakat is obligatory
- The exact Zakat amount due
Zakat al-Fitr
Zakat al-Fitr is paid before Eid al-Fitr:
- Enter the number of family members
- Enter the rate per person (based on the cost of a staple food in your area)
- The calculator computes the total Zakat al-Fitr due
Update the gold and silver prices to current market rates before calculating for the most accurate nisab threshold.