Nisab Calculator
The Nisab value based on gold is 85 grams of pure gold (24K).
Gold Nisab Value
If your money equals or exceeds this amount and has been in your possession for a lunar year, Zakat is due on it.
Money Zakat Calculator
Nisab Threshold: Your money must reach the nisab (minimum amount), which is equivalent to 85 grams of 24K gold, and you must have possessed it for a lunar year. Click here to calculate today’s nisab
Zakat Amount Due
Comprehensive Zakat Calculator
Zakat Calculation Rules
- Money: Zakat is due at 2.5% of the balance when it reaches nisab and has been held for a full lunar year.
- Gold & Silver: Zakat is 2.5% of the current value when it reaches nisab and has been held for a full lunar year.
- Stocks: For trading, zakat is 2.5% of market value. For long-term investment, only dividends are subject to zakat.
- Investment Funds: Zakat is 2.5% on the market value of the fund, depending on the type of assets.
Nisab Threshold: Your money must reach the nisab (minimum amount), which is equivalent to 85 grams of 24K gold, and you must have possessed it for a lunar year. Click here to calculate today’s nisab
Zakat Amount Due
Frequently Asked Questions About Zakat
Nisab is the minimum amount of wealth that must be owned by a Muslim before they are liable for Zakat. It is equivalent to 85 grams of 24K gold or 595 grams of silver.
The standard rate of Zakat is 2.5% of the value of assets that have been in possession for a full lunar year.
Scholars differ on this. Some scholars hold that Zakat is due on gold and silver jewelry if it reaches the nisab, while others hold that Zakat is not due on jewelry that is for personal use and not stored as wealth.
Zakat should be paid once a lunar year has passed (hawl) on the wealth that meets or exceeds the nisab. It’s possible to pay it in advance if needed.