Zakat — Smart Financial Analysis
Calculate your Zakat obligation — 2.5% of qualifying wealth above Nisab. Cash, gold, silver, investments, business assets.
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Zakat is the third pillar of Islam — an obligatory 2.5% annual charity on qualifying wealth above the Nisab threshold. Nisab is the minimum wealth threshold for Zakat obligation. Adult Muslims who own qualifying wealth above Nisab for one full lunar year must pay Zakat. Zakat is due after one lunar year (hawl) of owning wealth above Nisab.
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Why: Zakat is the third pillar of Islam — an obligatory 2.5% annual charity on qualifying wealth above the Nisab threshold. It purifies wealth and supports the needy. Qualifying asse...
How: Enter Cash & Savings ($), Gold Value ($), Silver Value ($) to get instant results. Try the preset examples to see how different scenarios affect the outcome, then adjust to match your situation.
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📋 Quick Examples — Click to Load
📊 Wealth Categories vs Zakat Owed
Proportional zakat share by asset type
🍩 Asset Composition
Breakdown of your zakatable wealth
📈 Zakat at Different Wealth Levels
Zakat due vs total wealth (silver Nisab)
📊 Zakat on Different Asset Mixes
Comparison of zakat across hypothetical portfolios
Zakat Due
2.5% of $14,500 above Nisab ($500). Total wealth: $15,000.
For educational purposes only — not financial advice. Consult a qualified advisor before making decisions.
💡 Money Facts
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Zakat is the third pillar of Islam — 2.5% of qualifying wealth above Nisab. Nisab equals the value of 85g gold or 595g silver. Qualifying assets: cash, gold, silver, investments, business assets. Exempt: primary home, personal items. Pay annually after one lunar year (hawl) of ownership.
Sources: IslamicFinder, National Zakat Foundation, AAOIFI, Dar al-Ifta.
Key Takeaways
- • Zakat = 2.5% of wealth above Nisab, paid once per lunar year.
- • Nisab: 85g gold or 595g silver — silver is lower and more inclusive.
- • Qualifying: cash, gold, silver, investments, business assets.
- • Exempt: primary residence, personal items, tools of trade.
Did You Know?
How Does Zakat Work?
Qualifying Wealth
Sum cash, gold, silver (as investment), stocks, bonds, mutual funds, business inventory and assets. Deduct immediate debts. If the total exceeds Nisab for one lunar year, Zakat is due.
Nisab Threshold
85 grams of gold or 595 grams of silver — use current market value. Silver Nisab is typically lower (~$500) and benefits more recipients. Gold Nisab (~$5,500) is more lenient.
Calculation
Zakat = (Total qualifying wealth − Nisab) × 2.5%. Example: $20,000 wealth, $500 Nisab → ($20,000 − $500) × 0.025 = $487.50.
Expert Tips
Zakat vs Sadaqah vs Sadaqah al-Fitr
| Type | Obligation | Rate / Amount |
|---|---|---|
| Zakat | Obligatory (fard) | 2.5% of wealth above Nisab |
| Sadaqah | Voluntary | Any amount, any time |
| Sadaqah al-Fitr | Obligatory per person | Fixed amount (e.g., cost of one meal) |
Frequently Asked Questions
What is Zakat?
Zakat is the third pillar of Islam — an obligatory 2.5% annual charity on qualifying wealth above the Nisab threshold. It purifies wealth and supports the needy. Qualifying assets include cash, gold, silver, investments, and business assets. Exempt: primary home, personal items.
What is Nisab?
Nisab is the minimum wealth threshold for Zakat obligation. It equals the value of 85 grams of gold or 595 grams of silver. If your qualifying wealth exceeds Nisab for a full lunar year, Zakat becomes due. Silver Nisab is lower and more inclusive.
Who must pay Zakat?
Adult Muslims who own qualifying wealth above Nisab for one full lunar year must pay Zakat. The wealth must be freely owned, surplus to basic needs, and productive (growing or intended to grow). Debts are deducted from zakatable wealth.
What wealth is Zakatable?
Zakatable wealth includes: cash, bank savings, gold and silver (as investment), stocks, bonds, mutual funds, business inventory and assets, rental income. Exempt: primary residence, personal clothing, tools of trade, and items for personal use.
When to pay Zakat?
Zakat is due after one lunar year (hawl) of owning wealth above Nisab. Many Muslims pay during Ramadan for extra blessings. You may pay in installments throughout the year. Pay promptly once the hawl completes.
Zakat vs Sadaqah?
Zakat is obligatory (fard) and fixed at 2.5% of qualifying wealth. Sadaqah is voluntary charity with no minimum. Zakat has specific recipients (eight categories in the Quran); Sadaqah can go to any worthy cause.
Key Statistics
Official Data Sources
⚠️ Disclaimer: This calculator is for educational purposes only. Nisab values are approximate (gold ~$5,500, silver ~$500). Consult a qualified Islamic scholar for your specific situation. Not a substitute for scholarly guidance.
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