Zakat calculator
Zakat on cash, gold, silver, business stock and money owed to you, against the gold or silver nisab, with every line of the arithmetic shown.
Fill in what you hold today. Gold and silver need today's rate per gram, which you can read from any jeweller's board or market page.
How the calculation works
Zakat is due once a year on wealth that has been held for a lunar year and is at or above the nisab. The rate is 2.5% (one fortieth). The calculator adds up the zakatable wealth you enter, subtracts debts that are due now, compares the total with the nisab you chose, and if the total reaches it, takes 2.5%:
Zakatable wealth = cash + receivables + gold value + silver value + trade stock − debts due Zakat due = 2.5% × zakatable wealth (if wealth ≥ nisab)
The two nisab standards
The nisab in the hadith is stated in gold (20 mithqal, commonly taken as 87.48 grams) and in silver (200 dirhams, commonly taken as 612.36 grams). Because silver is far cheaper than gold today, the silver nisab is a much lower rupee amount, so more people cross it. Many scholars advise the silver standard for cash and mixed wealth because it is the one that benefits the poor; others use gold when the wealth is all gold. Both are offered above; the page does not choose for you.
Worked example
Someone holds Rs 2,00,000 in the bank, 50 grams of gold and no silver, stock or debts. If today's gold rate is Rs 7,000 a gram (an illustration; type the real rate), the gold is worth Rs 3,50,000 and the zakatable wealth is Rs 5,50,000. The silver nisab at, say, Rs 90 a gram is 612.36 × 90 = Rs 55,112, so the wealth is well above it. Zakat due is 2.5% of 5,50,000 = Rs 13,750.
Questions this page does not settle
- Jewellery in daily use. The Hanafi view is that gold and silver jewellery is zakatable whatever its use; other schools exempt jewellery worn regularly. Enter it or leave it out according to the view you follow.
- Gold purity. 22-carat jewellery is 91.6% gold. Either use the 22-carat rate per gram, or enter the pure-gold weight with the 24-carat rate. Do not mix the two.
- Long-term loans such as a home loan. Some scholars deduct only the instalments due within the year; others deduct nothing. The debts box takes whatever your scholar says.
- Provident fund, shares held long term, property. These have their own rulings and are not in this calculator.
- The lunar year. Zakat is due on the anniversary of the date you first held the nisab, by the Hijri calendar. Most families fix a date in Ramadan for convenience; the amount is what you hold on that day.