Zakat Calculator

Zakat is 2.5% of your net zakatable wealth, paid once a year, and only when that wealth is above the Nisab threshold. Net zakatable wealth means your total assets — cash, savings, gold and silver, shares, business stock and money owed to you — minus what you owe. On £10,000 of net zakatable wealth, Zakat is £250.

Nisab is the minimum amount of wealth you must own before Zakat becomes payable. It is set at the value of either 87.48 grams of gold or 612.36 grams of silver — at the prices this calculator uses, £4,278.00 for the gold Nisab and £388.85 for the silver Nisab. If your net wealth is below the threshold you have chosen, no Zakat is due.

Either is valid. The silver Nisab is the lower of the two, so it brings more people into paying Zakat and gives more to those in need — which is why most scholars and most UK charities recommend it. The gold Nisab is the higher threshold. Use the gold/silver switch at the top of the calculator to see both.

Yes. Gold and silver are zakatable at their current market value, whether held as bullion, coins or jewellery, and whether or not you wear them. Enter their value in the Value of silver and gold you possess field. Other precious stones and personal belongings are not zakatable.

Zakat becomes due once your wealth has stayed above the Nisab threshold for one full lunar year (the Hawl, 354 days). That anniversary is your own Zakat date, and it falls on the same date each lunar year. Many Muslims choose to pay during Ramadan for the greater reward of the month, but Zakat can be paid at any time of year.

Include: cash in hand and in the bank, savings, money set aside for a wedding, Hajj or a deposit, the value of gold and silver, shares at market value, business stock and investments, rental income, and money owed to you. Leave out: your home and personal belongings, the debts you owe, current rent or mortgage payments, outstanding bills and business expenditure. Your zakatable wealth is your assets minus your liabilities.

Yes, if you are a UK taxpayer. Gift Aid adds 25% to your donation at no cost to you, and it is paid by HMRC rather than taken from your Zakat — so the full 100% of your Zakat still reaches those eligible to receive it.