Estimate your annual Zakat due on cash, gold, investments and business assets.
Zakat is an obligatory annual charitable contribution in Islam, calculated as 2.5% of qualifying wealth held for a full lunar year, once that wealth meets or exceeds a minimum threshold called Nisab. Zakat applies to cash, gold, silver, investments and business assets, minus debts owed.
Net Zakatable Wealth = (Cash + Gold/Silver + Investments) - Debts
Zakat Due = Net Zakatable Wealth × 2.5% (only if net wealth is at or above the Nisab threshold)
With $5,000 cash, $2,000 in gold, $3,000 in investments and $500 in debts, net wealth is $9,500. If this is above the Nisab threshold, Zakat due is 9,500 × 2.5% = $237.50.
This calculator provides a general estimate. For precise rulings, please consult a knowledgeable scholar.
Obligatory Islamic charitable giving, typically 2.5% of qualifying wealth above a minimum threshold (nisab).
2.5% × total qualifying assets above the nisab threshold, after subtracting eligible debts.
The minimum wealth threshold before Zakat becomes obligatory, based on a specific gold/silver value.