Basic Zakat Calculator & Formulas
Work out your annual Zakat (2.5%) on cash, gold, silver and business assets in seconds.
Zakat Calculator (2.5%)
The Basic Zakat Formula
Zakat is one of the five pillars of Islam — an annual purifying charity of 2.5% on qualifying wealth. The core formula is simple:
What Counts As Zakatable Wealth
| Asset | Zakatable? | Notes |
|---|---|---|
| Cash & bank balances | Yes | All savings and digital balances. |
| Gold & silver | Yes | Jewellery, coins, bullion at market value. |
| Business stock | Yes | Goods bought for resale. |
| Money owed to you | Yes | If you expect repayment. |
| Home, car, clothing | No | Personal-use items are exempt. |
Understanding Nisab
Two Nisab thresholds
Gold Nisab: 87.48 g of gold. Silver Nisab: 612.36 g of silver. Scholars recommend the silver Nisab for mixed assets, because it is lower and benefits the poor more.
Worked Example
Cash Rs 200,000 + Gold Rs 500,000 + Business Rs 100,000 = Rs 800,000, and you owe Rs 50,000.
- Net wealth = 800,000 − 50,000 = Rs 750,000
- Zakat = 750,000 × 2.5% = Rs 18,750
Frequently Asked Questions
One lunar year (Hawl) after your wealth first reached the Nisab. Many people choose Ramadan.
In the Hanafi school, gold and silver jewellery is Zakatable even if worn. Other schools may differ.
Yes, as long as the full amount is given. You may even pay in advance once you own the Nisab.