Zakat Calculator — Nisab & 2.5%
Zakat on cash, gold, silver and investments minus debts — nisab on the gold and silver standards, computed live.
Formula
Disclaimer: Indicative math using recently applicable rules — thresholds and rates change and personal facts matter. Not tax or religious-law advice; consult a professional for your situation.
Need zakat calculator results fast? Skip the spreadsheet and get a clear, defensible answer in one step — free, private and instant, recalculating live as you change any input.
About Zakat Calculator — Nisab & 2.5%
Zakat is the obligatory annual charity of Islam: 2.5% of zakatable wealth, due once that wealth has remained at or above the nisab threshold for a full lunar year (hawl). Zakatable assets are the liquid and growth-oriented ones — cash, bank balances, gold and silver, trade inventory, shares and funds, money reliably owed to you. Your home, car, furniture and tools of trade are NOT zakatable; zakat targets wealth that accumulates, not possessions you live with and through. Nisab comes in two classical standards — 87.48 grams of gold or 612.36 grams of silver — and the gap between them matters today: the silver nisab is dramatically lower (around ₹58,000 versus ₹6.3 lakh at typical prices). Most contemporary scholars recommend the silver standard for mixed wealth (cash + investments) because it errs in favour of the poor, while the gold standard is defensible for someone whose wealth is essentially gold. This calculator lets you pick the basis and shows the threshold it produces. Debts cut both ways and deserve care. Deduct what is currently due — this month's bills, instalments payable now, money you owe imminently — not an entire 20-year mortgage principal (the common scholarly position deducts at most one year of instalments). Money owed TO you that you realistically expect counts as your asset. Lunar timing matters too: many fix their zakat date in Ramadan for the reward and the memorability; whatever date you choose, value everything at THAT day's market prices, which is why the gold and silver price inputs are live rather than baked in.
How to use Zakat Calculator — Nisab & 2.5%
- 1Enter Cash & bank balances, Gold value (market), Silver value (market), Investments & trade goods, Debts due now (deductible), Gold price per gram into the Zakat Calculator.
- 2The result is computed automatically using Zakat = 2.5% × (cash + gold + silver + investments − current debts), if the net has stayed at/above nisab for one lunar year (hawl) — there is no button to press; it updates live as you type.
- 3Change any input to model a different scenario, then use “Copy result link” to share the exact numbers.
Why use Zakat Calculator — Nisab & 2.5%?
- ✓Computes zakat calculator instantly with the correct formula — no spreadsheet needed
- ✓100% free and unlimited, with no sign-up, login or paywall
- ✓Runs entirely in your browser, so the figures you enter are never uploaded or stored
- ✓Shows the formula, a live worked example and references so you can defend the number
Frequently asked questions
Is zakat calculated on savings or on income?+
On accumulated WEALTH, not income — zakat is 2.5% of what remains with you on your zakat date (having stayed above nisab through the lunar year), regardless of what you earned or spent. A high earner who saves nothing may owe nothing; a modest earner with savings above nisab owes on those savings. This is the key difference from income tax, and why the calculation starts from balances, not payslips.
Do I pay zakat on jewellery my family wears?+
Gold and silver jewellery is the one genuinely debated case: the Hanafi position holds ALL gold/silver zakatable, worn or stored; the majority of other schools exempt jewellery in regular personal use within customary limits. Diamonds and gemstones themselves are not zakatable (only the gold holding them). Follow your school consistently — and if in doubt, paying on it is the safer and more generous course.
How do retirement funds and shares fit in?+
Shares and mutual funds you can sell are zakatable at market value on your zakat date (some scholars allow long-term holders to pay only on the dividend/underlying zakatable assets — the simpler and commoner practice is full market value at 2.5%). Locked retirement funds (EPF-type) are debated: many scholars defer zakat until the money is accessible, then pay for one year; others pay annually on the accessible balance. Pick a consistent, scholarly-backed method.
What if my wealth dipped below nisab during the year?+
The classical rule: the hawl (lunar-year clock) requires nisab at the START and at the END of the year — a temporary mid-year dip doesn't break it for most schools (the Hanafi view), while some schools restart the clock if wealth falls below nisab at any point. Practically: check your balance on your fixed zakat date each year; if it's above nisab and was above nisab when the year began, pay 2.5% on what you hold that day.
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