Zakat Calculator
This zakat calculator works out your Zakat at 2.5% of your net zakatable wealth: cash, gold entered by weight and karat, silver, shares, crypto and business assets, minus the debts the rules let you deduct — then checks the total against the nisab, the minimum wealth on which Zakat is due, using today’s gold and silver prices that you can edit.
- Rate
- 2.5% (one-fortieth)
- Silver nisab
- 612.36 grams
- Gold nisab
- 87.48 grams
- Hawl
- One lunar year
- Alternative weights
- 595 g / 85 g
Your wealth and the nisab
Most scholars recommend the silver nisab for cash and mixed wealth — it is the lower threshold, so more reaches the poor. If your only zakatable asset is gold itself, use the gold nisab. Both weight standards are explained below.
Pre-filled with indicative prices for 22 October 2026 (gold about $131 a gram, silver about $1.80 a gram). Metal prices move daily — update them to today’s price before you rely on the nisab figure, and always enter them in the currency you selected above.
Your zakatable assets
Every account counts — current, savings and cash at home, at its full balance. If you are self-employed, include your business bank balances here.
Jewellery, coins and bullion all count, valued on the pure-gold content: weight × karat ÷ 24 × the price per gram. Under the Hanafi school, jewellery you wear is included — the other schools exempt regularly worn personal jewellery, as explained below.
Silver jewellery, coins and bullion count at their pure-silver value: weight × purity × the price per gram of fine silver.
Loans you have made to people who can and will repay them count every year, even before the money comes back. Money you no longer expect to recover does not count while it is outstanding.
Shares and funds you bought to sell on at a profit are zakatable on their full market value on your Zakat date.
For shares you hold for income, this calculator follows the National Zakat Foundation’s practical method: 25% of the market value counts as zakatable (your share of the companies’ cash, stock and receivables). The reasoning, and the stricter view that charges the full value, are set out below.
For bonds and sukuk, enter the capital (principal) only — any interest element is not zakatable wealth and is given away separately.
Value stock at the price it will sell for. Premises, machinery, vehicles and other fixed assets of the business do not count, and neither does goodwill.
Only property you bought to sell on. Your own home is never zakatable, and a rental property is not charged on its value — only rent you have actually saved, which already sits inside your cash above.
Final-salary pensions and state pensions are not zakatable. Locked pension pots divide the scholars — the positions are explained below; this field covers money you can actually withdraw freely today.
Debts you can deduct
Bills and taxes due, arrears, credit card balances and short-term loans — deducted in full.
For a mortgage, car finance or a student loan, deduct only the coming year’s instalments, and only the part that repays capital — the interest part of a payment is never deductible, and the rest of the loan balance is not deducted.
Zakat runs on the lunar year. If you fix your Zakat date by the solar calendar instead, the rate is adjusted to 2.577% to cover the eleven extra days, as some scholars and platforms (such as Wahed) apply.
A printable, itemised statement of this calculation for your records — the same record IslamicFinder users keep for their yearly Zakat.
Your wealth against the nisab
How this zakat calculator works — your amount, step by step
Three steps. First, your zakatable assets are added up — cash in full, gold and silver on their pure-metal value, trading shares and crypto at market value, long-term shares on the 25% method, business stock and property held for resale. Second, the debts you are allowed to deduct come off. Third, if what remains reaches the nisab, Zakat is charged at 2.5% of it.
The nisab — the threshold that decides whether Zakat is due
Zakat is due only on wealth at or above the nisab. The nisab was set in the Prophet’s time as 20 mithqals of gold or 200 dirhams of silver, and today it is applied as the cash value of a fixed weight of one of the two metals. Your wealth is compared with the nisab on your Zakat date, after one full lunar year — the hawl — has passed over it.
Two weight standards are in live use, and honest calculators differ. The Hanafi weights — a mithqal of 4.374 grams — give 87.48 grams of gold and 612.36 grams of silver (exactly 7.5 and 52.5 tola), and are used by the National Zakat Foundation and Muslim Aid. The other widespread standard, used by the Zakat Foundation of America and IslamicFinder and described as the AAOIFI standard in North America, takes a mithqal of 4.25 grams: 85 grams of gold and 595 grams of silver. This calculator lets you use either; the default is the Hanafi standard.
| Nisab standard | Silver nisab | Gold nisab | Indicative value, 22 Oct 2026 |
|---|---|---|---|
| Silver — recommended for cash and mixed wealth | 612.36 g (or 595 g) | — | about $1,102 (or $1,071) |
| Gold — where gold is your only asset | — | 87.48 g (or 85 g) | about $11,470 (or $11,150) |
Why silver is the recommended standard. Silver’s price has fallen a long way against gold since the nisab was set, so the silver threshold is far lower in money terms — at the indicative prices above, about $1,102 against about $11,470. The major charities recommend the silver nisab for cash and mixed wealth because a lower threshold means more people give and more reaches the poor. If your wealth is gold alone, with no cash or other assets, the gold nisab is the one that applies to you.
What counts as zakatable wealth — and what does not
The pattern is simple: wealth that is held, owned outright and capable of growing is zakatable; the things you live in and use are not. Cash counts at its full balance in every account. Gold and silver count in every form — bullion, coins and jewellery — on their pure-metal value. Trade goods and investments count at market value. Your home, your car and your belongings never count.
| Asset | Counts? | How it is valued |
|---|---|---|
| Cash and bank balances | Yes | Full balance, every account |
| Gold and silver | Yes | Pure-metal content at today’s price per gram |
| Money owed to you, expected back | Yes | Full amount, every year |
| Money owed to you, unlikely to return | No, while outstanding | Positions differ on what is owed when it is finally repaid |
| Shares held for trading | Yes | Full market value |
| Shares held for dividends | Yes, partly | 25% of market value (the NZF practical method) |
| Cryptocurrency | Yes | Market value on your Zakat date |
| Business inventory and receivables | Yes | Stock at its selling price |
| Property bought to resell | Yes | Full market value, every year |
| Rental property | Value: no | Only rent still saved counts — inside your cash |
| Your home and personal car | No | Personal use, by consensus |
| Business premises, machinery, vehicles | No | Fixed assets and tools of trade |
| Diamonds, pearls, platinum jewellery | No | No Zakat unless held for trade (gold or silver content still counts) |
| Interest (riba) you have received | No | Not counted as your wealth at all — given away separately, without the intention of Zakat |
The jewellery question deserves a straight answer. Under the Hanafi school, gold and silver are zakatable in whatever form they are held, so jewellery you wear every day is included in full — and that is the position the major charity calculators, including Islamic Relief and the National Zakat Foundation, are built on, and the one this calculator follows. Under the Shafi’i, Maliki and Hanbali schools, jewellery genuinely made and worn for personal adornment is exempt, so long as it stays within customary limits; jewellery hoarded or held as an investment is zakatable under every school. If you follow one of those three schools, leave your regularly worn personal jewellery out of the gold weight above.
Shares and pensions — where the method depends on your intention
Shares bought to sell are treated like trade goods. If you bought shares, funds or crypto to sell on at a profit, Zakat is charged on the full market value on your Zakat date — the same treatment as any stock held for trade. It does not matter when during the year you bought them; what matters is the value when your hawl completes.
Shares held for their dividends are treated differently. A long-term shareholder does not own trade goods; they own a slice of a company, and only part of that company — its cash, stock and money owed to it — is zakatable. Working that out company by company from balance sheets is impractical, so the National Zakat Foundation’s practical method, which this calculator follows, takes 25% of the market value as the zakatable portion and charges 2.5% on that. On a $20,000 long-term portfolio, $5,000 counts and the Zakat on it is $125. Dividends you have already been paid are not charged twice: they are simply part of your cash.
Be aware that a stricter view exists. The Zakat Foundation of America endorses the opinion that shares are trade commodities whatever the holder’s intention, which charges 2.5% on the full market value of a long-term portfolio as well — $500 on the same $20,000. A third, minority view charges 10% of the dividends only. This page follows the National Zakat Foundation method and shows you the alternative figures honestly; if you prefer the stricter view, enter your long-term shares in the trading field instead.
Pensions turn on ownership and access. A final-salary (defined benefit) pension and state pension contributions are not zakatable at all: there is no pot of money that belongs to you. A defined-contribution pot — a 401(k), an IRA, a SIPP, a personal pension — is invested in your name, and there the scholars divide. The Zakat Foundation of America holds that money you cannot reach without penalty is not fully yours to dispose of, so Zakat falls due when it becomes freely accessible.
The National Zakat Foundation in the UK holds that the pot is yours and Zakat is due each year on its zakatable portion, though actually paying it may be deferred until the pension starts paying out. This calculator asks only for pension money you can access now without penalty — the cautious middle course — and pension income you have already received is, again, simply cash.
Debts you can deduct — the twelve-month rule
Debts reduce your zakatable wealth, but only the part that is actually falling due. Every major Zakat organisation’s calculator applies the same rule: debts that are due now, overdue, or fall due within the next twelve months are deducted in full — bills and taxes due, arrears, credit card balances, short-term and personal loans.
For long-term debts, deduct only the coming year. A mortgage, car finance or a student loan is not deducted as a whole balance. You deduct the instalments that fall due in the next twelve months, and only the capital part of them: the interest part of a payment is riba and is never deductible. The remaining years of the loan stay out of the calculation entirely. A minority of scholars allow the whole outstanding balance to be deducted; the calculators of Islamic Relief, the National Zakat Foundation and the Zakat Foundation of America all apply the twelve-month rule used here.
Money you are owed works the other way. A loan you have made to someone who is able and willing to repay is your wealth and counts in full every year, even while it is still in their hands. Money you no longer realistically expect to see again is left out while it is outstanding; scholars then differ on whether, when it is finally repaid, you owe Zakat for all the missed years (the Hanafi position) or for one year only.
Worked examples — Zakat in practice
Savings only. Fatima has $12,000 in her bank accounts, held above the nisab for a full lunar year, and no debts. The silver nisab at $1.80 a gram is $1,102.25, so her Zakat is 12,000 × 2.5% = $300.
Gold jewellery and cash. Aisha owns 60 grams of 22-karat gold jewellery and $3,000 in cash. Her gold’s pure content is 60 × 22 ÷ 24 = 55 grams, worth 55 × $131 = $7,205. Her zakatable wealth is 7,205 + 3,000 = $10,205, and her Zakat — following the Hanafi position that worn jewellery counts — is $255.13. If she followed the Shafi’i, Maliki or Hanbali view on personal jewellery, only her cash would count, and her Zakat would be $75.
Two kinds of shares. Bilal holds $4,000 of shares he trades, $20,000 of shares he keeps for dividends, and $2,000 in cash, and he has $1,000 of debts falling due. His zakatable assets are 4,000 in full, plus 25% of 20,000 = $5,000 for the long-term shares, plus his cash: $11,000. After his debts, his net wealth is $10,000 and his Zakat is $250.
Below the nisab. Yusuf has $900 in savings and $100 of bills due. His net wealth is $800 — below the silver nisab of $1,102.25 — so no Zakat is due, however long he has held the money. If his savings grow past the nisab and stay there for a lunar year, Zakat becomes due from that year onward.
How we calculate — method and sources
This zakat calculator follows the published methodology of the National Zakat Foundation, Islamic Relief and the Zakat Foundation of America, step by step:
- Set the nisab. The weight of silver or gold you selected (612.36 g or 87.48 g on the Hanafi standard; 595 g or 85 g on the alternative) multiplied by the price per gram you entered. Prices are never fetched silently: the pre-filled figures are indicative prices dated 22 October 2026, shown so you can replace them with today’s.
- Add up zakatable assets. Cash in full; gold and silver on pure-metal content (weight × purity × price per gram) or at the values you entered; money owed to you that you expect back; trading shares and crypto at full market value; long-term shares at 25% of market value; business stock at selling price; property held for resale; accessible pension money.
- Deduct the allowed debts. Everything due within twelve months in full, plus the capital part of the next twelve months of instalments on long-term debts.
- Compare with the nisab. If your net wealth is below the nisab, no Zakat is due. The comparison assumes the wealth has been held for a full lunar year (hawl); a mid-year dip below the nisab is treated differently by different schools and is a question for a scholar, not for this page.
- Apply the rate. 2.5% for a lunar year, or 2.577% if you fix your Zakat date by the solar calendar — the adjustment some scholars apply for the eleven extra days, as implemented by Wahed.
Where the schools genuinely differ — personal jewellery, long-term shares, locked pensions, doubtful debts — this page says so in plain words and tells you which position the calculator follows, so you can adjust the inputs if you follow another. Figures were verified on 22 October 2026.
Zakat calculator — common questions
How is Zakat calculated?
Zakat is 2.5% of your net zakatable wealth. Add up your zakatable assets — cash, gold, silver, investments and trade goods — subtract the debts you are allowed to deduct, and if the result reaches the nisab and you have held it for a full lunar year (hawl), you pay one-fortieth of it: net wealth × 2.5%.
What is the nisab?
The nisab is the minimum wealth on which Zakat is due: the value of 612.36 grams of silver or 87.48 grams of gold on the Hanafi weights used by the National Zakat Foundation and Muslim Aid. Some authorities use 595 grams of silver and 85 grams of gold. Most scholars recommend the silver nisab for cash and mixed wealth, because its lower threshold means more reaches the poor. At an indicative silver price of $1.80 a gram on 22 October 2026, the silver nisab is about $1,102.
Is Zakat due on gold jewellery?
Under the Hanafi school, yes — gold and silver are zakatable in every form, including jewellery you wear, and this calculator follows that position. Under the Shafi’i, Maliki and Hanbali schools, jewellery genuinely worn for personal adornment within customary limits is exempt, while jewellery held as an investment is zakatable under all schools. If you follow one of those schools, leave regularly worn personal jewellery out of the gold weight you enter.
How is Zakat worked out on shares?
It depends on why you hold them. Shares bought to sell on for a profit are zakatable on their full market value. Shares held long-term for dividends are charged on your share of the company’s zakatable assets; because that is hard to work out from a balance sheet, the National Zakat Foundation’s practical method takes 25% of the market value as the zakatable portion. Dividends you have already received are simply part of your cash. Some scholars instead charge the full market value whatever the intention.
Which debts can I deduct from Zakat?
Debts that are due now or fall due within the next twelve months: bills, arrears, credit card balances and short-term loans are deducted in full. For long-term debts such as a mortgage, a car loan or a student loan, you deduct only the instalments due in the next twelve months, and only the capital part of them — the interest part of a payment is never deductible. The remaining long-term balance is not deducted.
Do I pay Zakat on my pension?
It depends on the scheme and on access. Final-salary (defined benefit) pensions and state pensions are not zakatable — there is no pot of money that belongs to you. For defined-contribution pots, the Zakat Foundation of America’s position is that Zakat is due only once you can access the money without penalty; the National Zakat Foundation in the UK holds that the pot is yours and Zakat is due each year, though paying it may be deferred until the pension starts paying out. This calculator asks only for pension money you can access now.
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