How to Use the Zakat Calculator
Determine your eligible Zakat accurately based on your net wealth and current Gold/Silver Nisab thresholds.
Steps
- Select your preferred currency (e.g., EGP, USD, SAR).
- Input your total Assets (cash, gold, investments, business inventory).
- Input your total Liabilities (debts, borrowed money, upcoming expenses).
- Review the calculated Net Wealth. If it exceeds the Nisab threshold, your 2.5% Zakat Due will be displayed automatically.
About This Tool
This calculator determines if your net wealth exceeds the minimum threshold (Nisab) required to pay Zakat. It applies the standard Islamic rate of 2.5% on qualifying wealth, fetching live or standard estimated gold/silver prices for accurate Nisab calculations.
FAQs
1. What is Nisab?
Nisab is the minimum amount of wealth a Muslim must possess for a whole lunar year before Zakat becomes obligatory. It is usually based on the value of 85 grams of gold or 595 grams of silver.
2. Do I pay Zakat on my house or car?
No, Zakat is not due on items used for personal use, such as your primary residence, car, or daily clothing.
3. Why are there Assets and Liabilities?
Your Zakat is calculated on your Net Wealth. By subtracting your liabilities (debts you owe) from your assets (wealth you own), the tool ensures you only pay Zakat on the true surplus wealth you possess.