Zakat Calculator
Zakat is payable at 2.5% of the wealth one possesses above the nisab. Nisab, which is equal to 85 grams of 24k gold, is the minimum amount of wealth one must have before they are liable to pay zakat.
The nisab amount shown here is based on the latest spot prices entered below and may change with daily market fluctuations.
Zakat is typically liable on: gold, silver, cash, savings, investments, rent income, business merchandise and profits, shares, securities and bonds.
Zakat is not paid on wealth used for debt repayment of living expenses such as clothing, food, housing, transportation, education, and similar necessities.
Zakat Calculator Summary
Nisab is the minimum threshold of wealth. Different calculators use different references:
- Gold nisab uses 85g of gold. It usually sets a higher threshold.
- Silver nisab uses 595g of silver. It usually sets a lower threshold.
You can switch between them anytime to match the method you follow.