Calculate your Zakat obligation on cash, gold, silver, investments, and business assets. Includes current Nisab threshold and 2.5% calculation.
Zakat = 2.5% × (cash + gold/silver value + business stock + receivables − short-term liabilities), payable only if net zakatable wealth ≥ nisab and it has been held one lunar (hawl) year.
Net zakatable wealth of $30,000 held for a full lunar year, with nisab at ~$5,900 (612.36 g of silver): zakat due = 30,000 × 0.025 = $750.
The silver nisab (612.36 g) gives a much lower threshold than gold (87.48 g), so more people become liable. Most contemporary scholars recommend silver because it benefits the poor, though the gold standard is also validly followed.
No. Personal-use assets — your home, vehicle, clothing, furniture — are exempt. Zakat applies to growth assets: cash, savings, gold and silver, trade goods, shares, and receivables you expect to collect.
For shares held to trade, pay 2.5% of the market value. For long-term holdings, many scholars require 2.5% of the zakatable portion (cash and stock) of the underlying company. Accessible pension balances are zakatable; locked-in employer portions are usually deferred until receipt.
The lunar year that wealth must be held before zakat is due. Because the Islamic year is ~354 days, zakat falls roughly 11 days earlier each Gregorian year.
Deduct immediate liabilities — bills due, the next 12 months of instalments, overdrafts. Do not deduct the entire remaining balance of a 25-year mortgage; only what is payable in the current year.
The eight categories named in Qur'an 9:60: the poor, the needy, zakat administrators, those whose hearts are to be reconciled, those in bondage, the debt-ridden, in the cause of Allah, and the stranded traveller.