Zakat Calculator and Current Nisab Threshold
Calculate your Zakat on gold, silver, cash, foreign currency, and trade goods using widely accepted scholarly thresholds. Deduct your liabilities to find the net Zakat due instantly.
You can enter the nisab value manually.
Disclaimer: This tool calculates Zakat (obligatory Islamic almsgiving) based on commonly accepted scholarly thresholds (Nisab) using gold/silver standards. Local fiqh interpretations may differ. Consult a qualified scholar for personal guidance. Informational purposes only.
How Is Zakat Calculated and What Are the Conditions?
What Is the Current Nisab Threshold? (Gold and Silver Standards)
Nisab is the minimum wealth threshold a Muslim must hold before Zakat becomes obligatory. It is most commonly defined as the value of 85 grams of gold (Gold Nisab) or 595 grams of silver (Silver Nisab) at current market prices. Many scholars recommend the silver standard because it produces a lower threshold, allowing more recipients to benefit. Since precious metal prices change daily, recalculate the Nisab in your local currency before using this tool.
The 1/40 (2.5%) Rate Explained
Under classical Islamic jurisprudence, the Zakat rate on cash, gold, silver, and trade goods is fixed at 1/40 (2.5%) of the Zakatable base (total Zakatable assets minus liabilities). Example: on a net base of 500,000 TRY, Zakat is 500,000 × 0.025 = 12,500 TRY. Different thresholds and rates apply to agricultural produce and livestock; this tool covers monetary and trade goods Zakat only.
The One Lunar Year (Hawl) Condition
For wealth to be Zakatable it must be held above the Nisab threshold for one full Hijri year (354 to 355 days). This condition is known as Hawl. The Hawl starts on the day your wealth first reaches Nisab. Increases in wealth during the year do not start a new Hawl, but if your assets drop below the Nisab the Hawl resets. This tool calculates the current Zakat base only. You must track the Hawl date yourself.
Which Assets and Income Are Subject to Zakat?
Gold, Silver, Cash, and Foreign Currency
Current and savings deposits, cash on hand, 24K and 22K gold in any form (coins, bars, jewellery), and silver are Zakatable. Foreign currency holdings (USD, EUR, etc.) are added to the base at their current exchange value in your local currency. Many contemporary scholars treat cryptocurrency as trade goods, and the cautious view is to include it. Gold jewellery is treated as Zakatable under the Hanafi school regardless of whether it is worn, while the Shafi'i and Maliki schools generally exempt jewellery in regular personal use.
Trade Goods (Inventory) and Business Equity
Inventory held for resale is Zakatable at current market value. For business ownership, the partner's share of Zakatable assets (cash, inventory, receivables) is included, while fixed assets such as machinery, equipment, and buildings are excluded. Receivables that are reasonably expected to be collected are included in the base. Doubtful or uncollectible receivables are subject to scholarly difference. The cautious view is to apply Zakat to them when actually received.
Real Estate, Land, and Rental Income
A primary residence falls under essential needs and is not Zakatable. Land or property held for resale or short-term investment is treated as trade goods and included in the base. Property held long-term to generate rental income is generally not itself Zakatable, but the rental income is Zakatable once it pushes your savings above Nisab. A common practice is to apply 2.5% to the annual rental income held at the end of the Hawl.
How Are Liabilities Deducted From the Zakat Base?
Long-Term Debts (Mortgages and Car Loans)
Short-term debts due within the year are deducted in full from the Zakat base. For long-term debts (mortgages, car loans) two common views exist: (1) Only the portion due in the current year is deducted, the majority view, or (2) the full outstanding balance is deducted, a minority view. This tool subtracts whatever you enter under Liabilities, so split your debts according to the view you follow before entering them.
Essential Needs Excluded From Zakat
Essential needs are items required for daily life and are excluded from Zakat. These include the primary residence, clothing, household furniture and kitchenware, tools of one's trade, a basic food stock, and a single non-luxury vehicle. Luxury items, surplus vehicles, and second homes are debated. The cautious view is to include them. Where you own more than one vehicle or property, the additional ones are generally treated as trade goods and added to the Zakat base.