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What is your local currency, and what should we measure against?
We'll use live gold and silver prices to work out your nisab threshold.
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Zakat Calculator
Work out exactly what you owe across cash, gold, silver and business assets, using live gold and silver prices.
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Understanding Zakat
Zakat is a fixed 2.5% of a Muslim's qualifying wealth, given once a lunar year to those in need. It applies once your net wealth, after short-term debts, exceeds the nisab threshold.
Gold and silver prices move daily, and so does the nisab. That's why this calculator pulls live prices instead of using a fixed number, and handles the currency conversion for you.
- What is Zakat?
- Zakat is one of the five pillars of Islam: an obligatory act of charity for eligible Muslims, calculated as 2.5% of qualifying wealth that has been held for one lunar year (hawl) and exceeds the nisab threshold.
- What is the nisab threshold?
- Nisab is the minimum amount of wealth a Muslim must own before Zakat becomes obligatory. It is traditionally set at the value of 85 grams of gold or 595 grams of silver. This calculator uses live market prices to convert that into your currency.
- What counts as zakatable wealth?
- Cash, bank balances, gold, silver, business inventory, shares, receivables, and increasingly crypto and tokenized assets. Short-term debts due within the next year can typically be deducted before calculating what is owed.
- Do I have to pay Zakat on crypto?
- Most contemporary scholars treat crypto held for investment or trade as zakatable wealth, similar to cash or shares. This calculator lets you include crypto and tokenized metal holdings alongside your traditional assets.
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