Zakat Calculator
Free Zakat calculator. Calculate your Zakat obligation on cash, gold, silver, stocks, business assets, rental income, and cryptocurrency.
How This Calculator Works
Calculation methodology and assumptions
Zakat is one of the Five Pillars of Islam — an obligatory charitable contribution of 2.5% of qualifying wealth held for one lunar year. Qualifying assets include cash, gold, silver, investments, business inventory, and receivables. Debts owed by you are subtracted. Zakat is due only if total net assets exceed the Nisab threshold (equivalent to 85 grams of gold or 595 grams of silver — approximately $5,500 using gold standard).
Frequently Asked Questions
What is Nisab?
Nisab is the minimum amount of wealth a Muslim must possess for one lunar year before Zakat becomes obligatory. It is equivalent to 85 grams of gold (~$5,500 USD) or 595 grams of silver (~$450 USD). Most scholars recommend using the gold standard.
Is Zakat due on cryptocurrency?
Most contemporary scholars agree that cryptocurrency is subject to Zakat since it holds monetary value and can be traded. Zakat is calculated at 2.5% of the current market value on your Zakat anniversary date.
Is Zakat due on my primary home?
No, Zakat is not due on your primary residence, personal vehicle, furniture, or personal clothing. These are considered necessities. However, Zakat IS due on rental income saved and investment properties meant for sale.
When do I pay Zakat?
Zakat is typically paid once per lunar year (Hijri year) on the anniversary of when your wealth first exceeded Nisab. Many Muslims choose to pay during Ramadan for increased spiritual reward.