Our free zakat calculator does the maths for you. Enter what you own and what you owe, and it shows your total assets, total liabilities, net zakatable wealth and the 2.5% zakat payable. It works in rupees, dollars, pounds, euros, dirhams, riyals and more, and everything runs privately in your browser.

What Is Zakat?

Zakat is one of the five pillars of Islam. It is an annual obligation on every adult Muslim whose wealth reaches a minimum threshold, called the nisab, and stays above it for one lunar year (the hawl). The standard rate is 2.5% of net zakatable wealth, which is one fortieth of what you hold.

Zakat is paid to the eight categories of people named in the Quran (Surah At-Tawbah, 9:60), including the poor, the needy and people in debt. Many families pay it in Ramadan, but it is due whenever your own zakat year completes.

Zakat Calculator Formula

If the result of assets minus debts is below zero, no zakat is due. The calculator never shows a negative figure.

Nisab: The Minimum Wealth for Zakat

To find the nisab in money, multiply the weight by today’s market price of gold or silver. Many scholars recommend the silver nisab when you hold mixed assets, because it is lower and lets more zakat reach people in need. Gold and silver prices change daily, so check the current rate before you pay. To check the purity of your jewellery, use our karat to gold percentage converter.

What Counts Toward Zakat?

How to Use the Zakat Calculator

The tool is at the top of this page. These five steps take about a minute.

Step 1: Select Your Base Currency

Choose the currency you want to work in from the Select Base Currency menu. In our example we pick Pakistani rupees (PKR).

Step 2: Enter Cash and Bank Savings

Type the total cash you hold at home and in all bank accounts. We enter ₨2,00,000.

Step 3: Add Gold, Silver and Investments

Enter the current market value of your gold and silver, plus stocks, crypto, shares and business stock. We add ₨5,00,000 of gold and ₨1,00,000 of shares.

Step 4: Enter Debts and Bills Due Now

Add debts you owe to others and bills that are due soon, such as rent, wages or utility bills. We enter ₨50,000 of debt.

Step 5: Click Calculate My Zakat

Press Calculate My Zakat. The result card shows total assets, total liabilities, net zakatable wealth and the zakat you need to pay, which here is ₨18,750.

Zakat Calculation Example

Ahmed checks his wealth on his zakat date. He has ₨2,00,000 in the bank, gold worth ₨5,00,000, shares worth ₨1,00,000 and a loan of ₨50,000 he must repay this month.

1. Total assets: ₨2,00,000 + ₨5,00,000 + ₨1,00,000 = ₨8,00,000.
2. Debts due now: ₨50,000.
3. Net zakatable wealth: ₨8,00,000 − ₨50,000 = ₨7,50,000.
4. This is above the silver nisab, so zakat is due.
5. Zakat: ₨7,50,000 × 2.5% = ₨18,750.

Zakat at Common Wealth Levels

The figures work in any currency. For example, $10,000 of net wealth means $250 of zakat.

Zakat Deduction by Banks in Pakistan

In Pakistan, banks deduct zakat at 2.5% from eligible savings accounts on the first day of Ramadan when the balance is above the nisab set by the government. If you prefer to calculate and pay your own zakat, you can submit a zakat exemption declaration to your bank before Ramadan. Ask your bank for the current form and deadline.

Tips for Paying Zakat Correctly

• Pick a fixed zakat date each lunar year and check your wealth on that day.
• Use the market value of gold and silver, not the price you paid.
• Count only debts that are due now, not the full balance of a long-term loan.
• Keep a simple record of what you paid and to whom.
• Plan your savings with our FD calculator and SIP calculator, and check your percentages quickly when needed.

Who Should Use a Zakat Calculator?

A zakat calculator helps any Muslim who wants to pay the right amount without doing the sums by hand. It is useful for salaried people with savings, business owners with stock, families with gold jewellery, and anyone who holds shares or crypto.

Frequently Asked Questions