ganak.appZakat Calculator
Free Zakat calculator with customizable Nisab rates. Calculate Zakat on gold, silver, cash, investments and business assets. Supports 8 currencies, gold/silver Nisab standards, and madhab-aware debt handling (Shafi'i excludes debts). Per-category breakdown with shareable results.
Nisab Status
Minimum wealth threshold for Zakat obligation
Wealth Breakdown
Per-category contribution to total assets
How to Calculate Zakat
Understanding the annual 2.5% obligation on wealth above Nisab
Zakat is one of the Five Pillars of Islam — an obligatory annual charity of 2.5% on wealth exceeding the Nisab threshold. The word "Zakat" means "purification" and "growth," reflecting the belief that giving purifies wealth and brings blessings.
Every adult Muslim whose net zakatable wealth exceeds the Nisab for one full lunar year (Hawl) must pay Zakat. The Nisab is set by the Prophet Muhammad (PBUH) at 87.48 grams of gold or 612.36 grams of silver.
Types of Wealth Subject to Zakat
Which assets count toward your Zakat obligation
Gold & Silver
All gold and silver you own — jewelry, coins, bullion, and bars. Most scholars include personal-use jewelry.
Cash & Bank Balances
Cash on hand, savings accounts, checking accounts, fixed deposits, and any money held for one lunar year.
Investments
Market value of stocks, mutual funds, bonds, cryptocurrency, and vested portions of retirement accounts.
Business Assets
Business inventory at resale value and accounts receivable. Business property used for operations is exempt.
Not subject to Zakat: Primary residence, personal vehicle, furniture, clothing, household items, and business property used for operations.
How Madhabs Differ on Zakat
Differences between the four Sunni schools of jurisprudence
The four Sunni schools agree on the 2.5% rate and Nisab thresholds. The key difference this calculator implements is how debts are treated:
| Rule | Hanafi | Shafi'i | Maliki | Hanbali |
|---|---|---|---|---|
| Debt deduction | Yes | No | Yes | Yes |
Scholars also differ on personal jewelry exemptions, but this calculator includes all gold and silver you enter. Consult a local scholar for specific rulings.
Common Zakat Calculation Mistakes
Avoid these pitfalls when calculating your annual Zakat obligation
Using purchase price instead of market value
Gold, stocks, and crypto must be valued at current market price, not what you originally paid.
Forgetting to weigh jewelry accurately
Estimate gold content (not total jewelry weight). 22K gold is ~91.7% pure gold by weight.
Confusing Zakat al-Mal with Zakat al-Fitr
Zakat al-Mal is the annual 2.5% wealth tax. Zakat al-Fitr is a flat-rate charity before Eid al-Fitr.
Not accounting for the full lunar year
Zakat is due after holding wealth above Nisab for one complete lunar year (Hawl).
Frequently Asked Questions
Common questions about Zakat calculation, Nisab, and Islamic wealth obligations