Zakat Calculator

How to use the zakat calculator

Choose the gold or silver nisab and enter today’s price per gram — the calculator does not fetch live prices, so use a quote from your bank or gold dealer on the day you calculate. Then enter what you own and the debts you must pay now. Gold can be entered by weight and karat (the calculator converts it to pure gold at the 24K price) or as a total value; silver works the same way. Leave anything that does not apply empty. Until you type, the grey figures show a worked example with made-up prices.

The zakat formula

Zakatable wealth = cash + gold + silver + investments + business stock + receivables + money owed to you − debts due now Nisab = 85 g × gold price per gram (or 595 g × silver price per gram) If zakatable wealth ≥ nisab and a lunar year has passed: Zakat = 2.5% × zakatable wealth (2.577% on a Gregorian year)

The nisab weights come from the classical measures of 20 mithqal of gold and 200 dirhams of silver, which are commonly converted to 85 g and 595 g. Some organizations, particularly in South Asia, use a different conversion — 87.48 g of gold and 612.36 g of silver (7.5 and 52.5 tola). Zakat is due on the whole zakatable amount, not just the part above the nisab.

Worked example

Suppose you have 45,000 in the bank, 40 g of 22K gold, shares worth 12,000 and 3,500 of bills due, and gold is 400 a gram (an illustrative price). The gold is 40 × 22 ÷ 24 × 400 = 14,666.67. Zakatable wealth is 45,000.00 + 14,666.67 + 12,000.00 − 3,500.00 = 68,166.67. The gold nisab is 85 × 400 = 34,000.00, so zakat is due: 68,166.67 × 2.5% = 1,704.17. On the silver nisab (595 g × 5 = 2,975.00) the answer is the same, because the wealth is well above both thresholds.

The choice matters near the threshold. With 20,000 in cash and nothing else, you are below the gold nisab of 34,000.00 and owe nothing; on the silver nisab you would owe 500.00.

Hawl: the one-year condition

Zakat is due once your wealth has stayed at or above the nisab for one lunar year (about 354 days). In practice most people fix a zakat date — often in Ramadan — and on that date value everything they own and owe. If your wealth reached the nisab only recently, untick the hawl box: the calculator will show the amount that would be due, and you pay it when the year completes. If you keep your zakat year on the Gregorian calendar, choose the 2.577% option.

What usually counts, and what does not

• Counts: cash at home and in bank accounts, gold and silver (see jewelry below), shares and funds, goods held for sale, and money owed to you that you expect to get back.
• Usually not counted: your home, car, furniture and personal belongings, and business equipment or premises that you use rather than sell.

Where scholars differ

Zakat is an act of worship, and sincere, qualified scholars reach different conclusions on some details. This calculator lets you apply the view you follow rather than choosing one for you:

• Gold or silver nisab — a choice between the two thresholds, as above.
• Personal jewelry — zakatable in the Hanafi school; generally exempt in the Maliki, Shafi’i and Hanbali schools when worn in normal use.
• Debts — whether to deduct debts at all, and whether long-term debts count in full or only the instalments due in the coming year.
• Investments — how to treat long-term shareholdings, retirement savings and property held for rent.

For a ruling on your own situation, ask a scholar you trust. In the UAE, the General Authority of Islamic Affairs, Endowments and Zakat — which took over the role of the former Zakat Fund in 2024 — runs an official fatwa service and its own zakat calculator, and accepts zakat payments. For the percentage arithmetic behind this page, see the percentage calculator; for UAE end-of-service savings, the gratuity calculator.