Zakat Calculator
Calculate your Zakat accurately using live Nisab values, current gold prices, and comprehensive asset categories — cash, gold, investments, business assets, and crypto.
Zakat becomes obligatory when wealth has been above the Nisab threshold for one complete Islamic (lunar) year — this is called Hawl. Please confirm this condition using the checkbox above to see your Zakat calculation.
What Is Zakat?
Zakat (Arabic: زكاة) is the third pillar of Islam — an obligatory annual payment made by eligible Muslims on their accumulated wealth. The word literally means "purification" — paying Zakat purifies the remainder of your wealth and fulfills a religious duty to support those in need. Zakat is distributed to eight categories of recipients defined in the Quran (Surah 9:60), including the poor, the destitute, and those in debt.
Who Must Pay Zakat?
Zakat is obligatory for every adult Muslim who: (1) possesses wealth equal to or above the Nisab threshold, (2) has owned that wealth for one complete Islamic lunar year (Hawl), and (3) the wealth is in excess of basic needs. Zakat is not paid on a primary home, personal vehicle, household items, or tools used for earning a livelihood.
How Is Zakat Calculated?
The Zakat rate is 2.5% of net zakatable wealth. To calculate: (1) total all zakatable assets — cash, gold, silver, investments, business inventory, and receivables; (2) subtract short-term debts and immediate obligations; (3) if the result equals or exceeds the Nisab threshold, multiply by 2.5%. Our calculator performs all steps automatically with live metal prices.
Gold Nisab vs Silver Nisab
The gold Nisab is 85 grams of gold (~$5,200 USD). The silver Nisab is 595 grams of silver (~$460 USD). Most GCC countries use the gold Nisab. The silver Nisab includes more people due to its lower value — many Hanafi scholars prefer it because it benefits the poor more. If in doubt, consult your local scholar or use the silver Nisab to be more inclusive.
Frequently Asked Questions
How do I calculate Zakat?
Add up all your zakatable assets (cash, gold, investments, business assets), subtract short-term debts, and if the net wealth equals or exceeds the Nisab threshold and has been held for one Islamic year (Hawl), multiply by 2.5% to get your Zakat due.
What is the current Nisab value?
The Nisab is calculated as the value of 85 grams of gold or 595 grams of silver. The gold Nisab is approximately $5,200 USD (as of mid-2024). Use our calculator to see the live Nisab in your local currency.
Should I use gold or silver Nisab?
Most GCC scholars and institutions recommend the gold Nisab. The silver Nisab is lower (more conservative) and means more people are liable for Zakat. The Hanafi school generally prefers whichever is more beneficial for the poor, which today would be the silver Nisab.
Do I pay Zakat on cryptocurrency?
Yes, according to most contemporary Islamic scholars, cryptocurrency is treated as a zakatable asset similar to cash. Use the current market value of your crypto holdings and apply the standard 2.5% Zakat rate.
Do I pay Zakat on stocks?
Yes. For stocks held for trading/investment purposes, the current market value is used. Some scholars use the Net Asset Value method for companies. The simplified approach is market value × 2.5%.
How often is Zakat paid?
Zakat is paid once per Islamic (lunar) year (Hawl) when your wealth has remained above the Nisab threshold for the full year. Many Muslims pay during Ramadan for increased spiritual reward.
Can I calculate Zakat in Bahraini Dinar?
Yes. Select Bahrain as your country and BHD as your currency in our calculator. All Nisab thresholds and Zakat amounts will be displayed in Bahraini Dinar using live exchange rates.