Personal Finance2 options compared

Zakat Calculator

Calculates an individual's Islamic Zakat obligation by assessing assets against established gold or silver nisab thresholds. Users input various financial holdings, including cash, investments, and business assets, allowing the tool to accurately total net wealth for a comprehensive 2.5% calculation. The process simplifies determining one's religious charitable payment by providing a structured...

Personal finance calculatorszakatIslamic financenisabgold nisabreligious obligation
Editors’ Top PickBased on community votes
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    Financial Toolset
    financialtoolset.com

    Calculate Islamic Zakat obligation based on gold or silver nisab threshold. Input assets across cash, gold, investmen...

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Zakat Calculator options compared

ToolBest forStrengthsLimitations
Omni Calculator
omnicalculator.com
Quick Zakat calculation
  • Community votes indicate reliability
  • Simple input fields for assets and liabilities
  • Fewer detailed asset categories than Financial Toolset
Financial Toolset
financialtoolset.com
Detailed asset breakdown
  • Includes business assets and investments
  • Shows nisab threshold based on gold and silver
  • Advertisements on the page
  • 0 community votes

Buyer's guide

How to choose a zakat calculator

When picking a Zakat calculator, consider whether you need a fast estimate or a detailed breakdown of your qualifying wealth. If you want to quickly check your obligation based on cash and basic assets, Omni Calculator is sufficient. If you have business assets, investments, or want to see a clear nisab threshold comparison between gold and silver, Financial Toolset provides more categories.

Questions

Zakat Calculator FAQ

What is the nisab threshold for Zakat?
The nisab is the minimum amount of wealth a Muslim must possess before becoming liable to pay Zakat. It is based on the value of gold (approximately 87.48 grams) or silver (approximately 612.36 grams).
How is Zakat calculated on cash and investments?
Zakat is calculated at 2.5% of your total qualifying wealth above the nisab threshold. This includes cash, gold, silver, investments, and business assets, minus any debts you owe.
Can I include business assets in my Zakat calculation?
Yes, business assets such as inventory, equipment, and trade receivables are considered Zakatable if they are intended for sale or used in a business. You subtract any business debts before calculating the 2.5% rate.
What assets are not included in Zakatable wealth?
Personal items such as your home, car, and clothing for personal use are not Zakatable. Only wealth that exceeds the nisab and is held for a full lunar year is subject to Zakat.
Do I pay Zakat on gold and silver I own?
Yes, gold and silver are Zakatable assets. You calculate their value at current market prices and include them in your total qualifying wealth. The nisab is traditionally defined by the value of gold or silver.
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