How to Calculate Zakat on Your Wealth

Zakat is 2.5% of net zakatable wealth held for one lunar year (hawl) above the Nisab threshold. Consult a qualified scholar for complex situations.

Step-by-step

1. Determine your Zakat anniversary date (when wealth first exceeded Nisab).
2. List all zakatable assets: cash, bank balances, gold, silver, stocks, business inventory.
3. Value gold and silver at current market price per gram.
4. Subtract short-term liabilities due within 12 months.
5. Confirm net wealth exceeds Nisab (gold or silver equivalent).
6. Multiply net zakatable amount by 2.5% — this is your Zakat due.

Tips and common mistakes

• Different schools of thought vary on some asset classifications
• Zakat on agricultural produce and livestock uses different rules

Open the General Zakat Calculator to apply these steps with your own numbers instantly.

Frequently asked questions