Calculate Zakat on cash, gold, silver, stocks, business inventory and rental income — with a live Nisab tracker based on current gold and silver prices.
Override the prices above with rates from your local jeweller or bullion dealer. The dominant scholarly position is to use the silver standard for cash and general wealth — which is more beneficial to the poor. The Hanafi school allows either; the majority prefer silver for cash.
Enter your Zakatable assets and deductible liabilities. Zakat is 2.5% of net Zakatable wealth if above the Nisab threshold.
Zakat is owed only when your net Zakatable wealth equals or exceeds the Nisab threshold and you have held it for one full lunar year (hawl). Most scholars today allow calculating Zakat annually on a fixed date (e.g. 1st Ramadan) on whatever wealth you hold on that day, regardless of fluctuations during the year.
Zakat is the third pillar of Islam and an annual obligation on every sane, adult Muslim whose wealth exceeds the Nisab threshold. The rate is fixed at 2.5% (one-fortieth) of qualifying wealth held for a full lunar year. Although the rate is simple, identifying what counts as Zakatable wealth requires careful consideration of classical fiqh and contemporary financial instruments.
The Hanafi school permits using either the gold or silver Nisab. The other schools typically use silver. Most contemporary scholars — including the major fatwa councils — recommend using the silver standard for cash and general wealth because it is significantly lower and therefore more beneficial to the poor (you become Zakat-eligible sooner). This is the default in our calculator.
If you hold shares as a long-term investment (not for trading), calculate Zakat only on the Zakatable portion of the company's assets. A common simplification is 25% of the market value of the shareholding (for typical companies where ~25% of assets are liquid). For ETFs and mutual funds, the same logic applies — use 25% as a default unless you have detailed fund data.
For mandatory employer pensions where you cannot access the funds, Zakat is generally deferred until you take possession. For voluntary, accessible accounts, Zakat is due annually on the accessible balance. This is a complex area — consult a scholar for your specific jurisdiction.
Major contemporary scholars and fatwa bodies (including AAOIFI-aligned opinions) treat cryptocurrency held as an investment as Zakatable at 2.5% of its market value on your Zakat anniversary, provided it exceeds Nisab.
Rental property itself is not Zakatable. Only the net rental income (after expenses) — if it remains in your possession for a year or is combined with other Zakatable wealth — is Zakatable.
Reminder: This calculator provides an estimate. For complex situations (multi-currency, business partnerships, cross-border holdings), consult a scholar specializing in Islamic finance.