Zakat Calculator 2026
Calculate your annual Zakat obligation on cash, gold, silver, stocks, and business assets — with live gold and silver prices and nisab thresholds for all four madhabs.
All calculations are private and done in your browser — no data is sent anywhere.
Your Zakat Summary
Fill in your assets and click Calculate
This calculator works out exactly how much Zakat you owe this year. Enter your cash, gold, silver, investments and business assets, deduct any short-term debts, and it checks your net wealth against the nisab threshold using live gold and silver prices. If you're above nisab, it applies the fixed 2.5% rate and shows the exact amount due in your currency.
How to Use This Zakat Calculator
Begin by selecting your madhab and your preferred nisab standard. If you're not sure which to use, most Hanafi scholars recommend the silver nisab — it gives more people the benefit of receiving Zakat.
Next, enter the current value of your zakatable assets: cash, precious metals, investments, business stock, and any money owed to you that you reasonably expect to recover. Where it helps, the calculator pulls live precious metal prices to estimate your gold and silver holdings.
Deduct any outstanding debts and immediate financial obligations due before your next Zakat date. Once your net zakatable wealth is calculated, the 2.5% rate is applied automatically.
If your qualifying wealth stays below the nisab, no Zakat is due for that lunar year. Every step is shown clearly, so you can see how your obligation was worked out — not just the final figure.
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Understanding Zakat: The Third Pillar of Islam
Zakat (زَكَاة) — meaning "purification" and "growth" — is the third of the Five Pillars of Islam. It's more than a charitable gift: it's an act of worship, and a duty on every Muslim who can financially afford it. Giving a portion of your wealth each year purifies what remains, fulfils a command from Allah, and lets those in need share in the community's prosperity.
Unlike Sadaqah, which is voluntary and can be given any time, Zakat is obligatory. Once your qualifying wealth reaches the nisab (the minimum threshold) and stays above it for one full Islamic lunar year (the Hawl), you're liable to pay 2.5% of your net zakatable wealth.
Zakat is therefore not simply a financial calculation. It's an annual act of obedience that strengthens faith, promotes social justice, and reminds believers that wealth is a trust from Allah rather than an absolute possession.
What Wealth is Zakatable?
Not all wealth attracts Zakat. The following categories are zakatable when they exceed the nisab and have been held for one lunar year:
- Cash and bank balances — current, savings and fixed deposit accounts
- Gold and silver — bullion, coins and investment jewellery, plus personal gold jewellery where required by the Hanafi school
- Business stock-in-trade — merchandise held for sale at market value
- Investments — shares, unit trusts, ETFs and other holdings at current market value
- Cryptocurrency — Bitcoin, Ethereum and other qualifying digital assets
- Money owed to you — receivables reasonably expected to be repaid
The following are not zakatable:
- Your primary home and personal vehicle
- Household furniture, appliances, clothing and personal items
- Business equipment, machinery and tools used in production, not for sale
- Investment property — only the rental income once retained as cash, not the property value itself
The principle is simple: Zakat falls on wealth that holds value and can grow, not on the ordinary things you need for daily life.
How the Nisab Threshold Works
The nisab is the minimum level of wealth above which Zakat becomes obligatory. It is pegged to either the value of 87.48 grams of gold or 612.36 grams of silver. Because silver has a much lower market value per gram than gold, the silver nisab threshold expressed in currency is significantly lower than the gold nisab — meaning more Muslims qualify as zakatable using the silver standard.
| Standard | Weight | Madhab Preference | Effect |
|---|---|---|---|
| Silver nisab | 612.36g silver | Recommended by most Hanafi scholars | Lower threshold — more inclusive |
| Gold nisab | 87.48g gold | Maliki, Shafi'i, Hanbali preference | Higher threshold — fewer qualify |
Your chosen madhab may influence which standard you follow — this calculator lets you select whichever nisab is most appropriate to your circumstances.
Gold Jewellery: The Key Madhab Difference
This is the most practically significant madhab difference in Zakat calculation:
- Hanafi: All gold jewellery owned by a woman is zakatable — whether it is worn daily or stored. There is no exemption for personal use jewellery.
- Maliki, Shafi'i, Hanbali: Gold jewellery that is worn regularly for permissible personal adornment is exempt from Zakat. Only jewellery kept as savings or investment attracts Zakat.
Our calculator accounts for this automatically — select your madhab and the jewellery toggle adjusts accordingly.
Worked Example: A Typical Zakat Calculation
A Hanafi Muslim holds the following on their Zakat due date, after the qualifying wealth has stayed above the nisab for a full lunar year:
- Cash and savings: R60,000
- Gold jewellery (worn daily, 40g): R76,000
- Shares and unit trusts: R25,000
- Short-term debts owed: R10,000
Because this estate follows the Hanafi madhab, the gold jewellery is zakatable regardless of whether it is worn. Total zakatable assets come to R161,000. After deducting the R10,000 short-term debt, net zakatable wealth is R151,000. This comfortably exceeds the silver nisab (typically around R11,000–R13,000 depending on the current silver price), so Zakat is due. At 2.5%, the Zakat payable is R3,775.
Had this same person followed the Maliki, Shafi'i or Hanbali position and the jewellery was worn regularly for personal adornment, the R76,000 in gold would be exempt, leaving net zakatable wealth of R75,000 and Zakat payable of R1,875 — a real, madhab-dependent difference our calculator applies automatically once you select your school.
Limitations of This Tool
This calculator covers the vast majority of personal Zakat calculations, reflecting the recognised positions of the four major Sunni schools. Some situations fall outside what an automated calculator can responsibly handle:
- Agricultural produce (Ushr)
- Livestock Zakat
- Complex business structures
- Trusts and partnership arrangements
- Pension funds that remain inaccessible
- Overseas assets with legal or practical restrictions
- Specialist commercial valuations
The calculator also relies on current market prices for gold, silver and exchange rates. These are updated regularly but should be treated as indicative — verify the latest market values before making your final payment.
Where your circumstances are unusually complex or involve substantial assets, a qualified Islamic scholar remains the best way to make sure your Zakat is calculated correctly and distributed according to Islamic law.
Frequently Asked Questions About Zakat
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