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Zakat Calculator: Estimate Zakat al-Mal
List your cash, gold, silver, investments, business stock and money owed to you, subtract debts that are due, and compare the total with the nisab to estimate Zakat at 2.5%.
What this estimator does
Zakat al-mal is the annual obligatory charity on qualifying wealth, one of the five pillars of Islam. This tool follows the structure that is widely taught: add up zakatable assets, subtract debts that are due, check the result against the nisab, and take 2.5% if the threshold is met.
Net wealth = cash + gold value + silver value + investments + inventory + receivables − debts due
Zakat = 2.5% × net wealth, if net wealth ≥ nisab
For the worked example, gold is worth 40 × 80 = 3,200, so assets are 12,000 + 3,200 + 3,000 + 5,000 + 1,000 = 24,200. After 1,500 of debts the net wealth is 22,700, and 2.5% of that is 567.50.
The nisab and why you choose the basis
The nisab is the minimum amount of wealth above which Zakat becomes due. It is commonly cited as 87.48 grams of gold or 612.36 grams of silver. The calculator multiplies the weight by the price per gram that you enter for the metal you select.
The two thresholds are very different in value, because silver is far cheaper per gram than gold. The silver basis gives a lower nisab, so more people reach it. Contemporary scholars and fatwa bodies hold different views on which to use. This page lets you pick; it does not issue a ruling.
Completing the fields carefully
- Prices must be current. The gold and silver prices shown are placeholders. Use a recent price per gram in your own currency, and keep the same currency throughout.
- Gold and silver. Enter weight of pure metal where you can. Scholars differ on whether jewellery worn for personal use is included, so enter 0 if your tradition excludes it.
- Investments and business assets. Treatment depends on the type of holding and on the opinion followed. Enter only the value you consider zakatable.
- Debts. Subtract amounts due soon. Views vary on long-term debts, so ask a scholar about a mortgage or instalment plan.
Limits and respectful use
This estimator is a calculation aid, not a fatwa. It does not track the hawl, the full lunar year of about 354 days over which wealth should be held. It does not cover agricultural produce, livestock, mining or buried treasure, which have their own rules, nor Zakat al-fitr. It also cannot decide who is eligible to receive Zakat.
If your situation includes pensions, property held for rent, jointly owned assets or complex business structures, speak to a qualified scholar or a reputable Zakat advisory body. They can give guidance suited to your school of thought. Treat the figure as a starting point for that conversation.
Worked example
A shop owner holds 12,000 in the bank, 40 grams of gold priced at 80 per gram, 3,000 in investments, 5,000 of stock and 1,000 owed by customers, with 1,500 of bills due now.
Inputs
| Cash and bank balances | 12000 |
|---|---|
| Gold you own | 40 grams |
| Gold price per gram | 80 |
| Silver you own | 0 grams |
| Silver price per gram | 1 |
| Shares, funds and other investments | 3000 |
| Business inventory and trade goods | 5000 |
| Money owed to you that you expect to receive | 1000 |
| Debts and bills due now | 1500 |
| Nisab based on | Silver: 612.36 grams |
Result
2.5% of net zakatable wealth of 22,700.00.
| Cash and bank balances | 12,000.00 |
|---|---|
| Gold at the price entered | 3,200.00 |
| Silver at the price entered | 0.00 |
| Investments | 3,000.00 |
| Business inventory | 5,000.00 |
| Money owed to you | 1,000.00 |
| Total zakatable assets | 24,200.00 |
| Less debts due | 1,500.00 |
| Net zakatable wealth | 22,700.00 |
| Nisab (612.36 g silver) | 612.36 |
| Zakat at 2.5% | 567.50 |
- Zakat is generally due when net wealth stays at or above the nisab for a full lunar year (hawl). This tool does not track that period.
- Schools of thought and scholars differ on some details. Consult a qualified scholar for your own case.
Financial disclaimer: Results are estimates for planning and education. They are not financial, tax or legal advice. Fees, taxes, rates and rules vary by lender, product and country, so confirm figures with your provider or a qualified adviser before making decisions.
Frequently asked questions
What is the Zakat rate?
The standard rate on qualifying wealth such as cash, gold, silver and trade goods is 2.5%, which is one fortieth.
What is the nisab?
It is the minimum wealth threshold for Zakat, commonly cited as 87.48 grams of gold or 612.36 grams of silver, valued at the current price per gram.
Should I use the gold or the silver nisab?
Scholars and institutions differ. The silver nisab is lower in value, while the gold nisab is higher. Choose the basis your scholar or local authority recommends.
Do I pay Zakat on debts I owe?
Debts that are due now are generally subtracted from your zakatable assets. Treatment of long-term debts varies between schools, so ask a qualified scholar.
Is this calculator a religious ruling?
No. It is an estimator for arithmetic. For a ruling on your own situation, consult a qualified scholar.
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References and sources
- AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions): Shari'ah standard on Zakah.
- Yusuf al-Qaradawi, Fiqh az-Zakah: a comprehensive study of the rules and wisdom of Zakah.