Zakat Calculator

Zakat is one of the "five pillars" of Islam.

Zakat is payable on 2.5 percent of the wealth one holds above the "nisab." Nisab, which is equal to the value of three ounces of gold, is the amount of wealth one must have before being liable to pay zakat. As of 08/02/2015 10:24:27 PM, nisab is estimated to be $3540.23 [Source www.e-nisab.com]. (This figure may change daily depending on fluctuations in the gold exchange rate.)

Zakat is owed on gold, silver, cash, savings, investments, rental income, business merchandise and profits, shares, securities, and bonds.

Assets and Liabilities
Value in U.S. Dollars
 
Cash at Home
$
Balance Held in Bank Accounts
$
Resale Value of Shares
$
Merchandise & Profits
$
Gold & Silver (at current value)
$
Property Held as Investment
$
Other Income
$
 
Total of Assets Liable for Zakat
$
 
Deduct Debts
$
Deduct Expenses
$
 
Zakat-Eligible Total
$
Ensure that Zakat-Eligible Total Exceeds Nisab
$
 
Your Zakat
(0.025 x Zakat-Eligible Total)
$
 
Click "Next" to Donate your calculated Zakat. 

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