The Muslim Personal Finance

Zakat Calculator

Enter your assets and liabilities to calculate your Zakat obligation for the year.

Gold price (£ per gram)

Used to calculate the Nisab threshold (85 g of gold)

£

Current Nisab threshold: £6,375.00

Assets

All cash at home and in bank accounts
£
Market value of gold and silver jewellery or bullion
£
Current market value of halal stocks, funds, ISAs
£
Value of goods you intend to sell
£
Loans given out that you expect to receive back
£
Rental income saved — not the property value itself
£

Liabilities (deductions)

Short-term debts due within the year
£
Bills, rent, mortgage payments due imminently
£

Zakat due

£0.00

Breakdown

Total assets£0.00
Total liabilities-£0.00
Net Zakatable wealth£0.00
Nisab threshold£6,375.00
Meets Nisab?No
Zakat rate2.5%

This is a simplified estimate for guidance only. For a precise ruling, consult a qualified Islamic scholar or certified financial advisor.

What is Nisab?

Nisab is the minimum amount of wealth a Muslim must possess before they are obligated to pay Zakat. It is equivalent to 85 grams of gold or 595 grams of silver — whichever is lower.

What does Zakat cover?

Zakat applies to cash, savings, gold, silver, investments, business inventory, and money owed to you — minus short-term debts and immediate expenses.

When is Zakat due?

Zakat is due once a lunar year (Hawl) has passed with your wealth consistently above Nisab. Many Muslims pay during Ramadan for greater reward.