Calculate your annual Zakat obligation according to Islamic principles
Based on current market value of your gold jewelry and assets
Inventory, receivables, and other business assets
Properties for trade, cryptocurrencies, etc.
Loans due, bills, and other immediate obligations
The current nisab value is based on 612.36 grams of silver or 87.48 grams of gold. Your total wealth must exceed this threshold to be obligated to pay Zakat.
Your Total Zakatable Wealth
Nisab Threshold: $453.20
Your Zakat Payment (2.5%)
You are not obligated to pay Zakat this year
Total Assets: $0.00
Total Liabilities: $0.00
Zakat Rate: 2.5% of net wealth above nisab
Nisab is the minimum amount of wealth a Muslim must possess before they are obliged to pay Zakat. This is typically defined as the value of 612.36 grams of silver or 87.48 grams of gold.
The compulsory Zakat rate is 2.5% (or 1/40) of your total zakatable wealth each lunar year (Hawl) after deducting liabilities.
Zakat is due after one lunar year (Hawl) of possessing wealth above the nisab threshold. Many Muslims prefer to pay during Ramadan for greater blessings.