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How to use the Zakat Calculator
- 1Choose your currency and whether to use the silver or gold nisab.
- 2Enter your cash, bank balances, gold, silver, investments and business assets.
- 3Deduct debts and bills due now, and see whether zakat is due and how much (2.5%).
How zakat is calculated
Zakat al-mal is 2.5% of your net zakatable wealth, payable when that wealth has stayed at or above the nisab for one lunar year (hawl). Zakatable wealth includes cash, bank savings, gold, silver, shares and funds, business stock and money owed to you that you expect to be repaid. Debts and bills due now are deducted.
The nisab is the value of 87.48 grams of gold or 612.36 grams of silver. Many scholars recommend the silver nisab for cash savings because it is lower, so more people pay and more of the poor benefit. Some use 85 g of gold and 595 g of silver; the difference is small.
What is not zakatable
Your own home, car, furniture, everyday clothes and personal items are exempt. Rules for jewellery worn regularly, retirement funds and long-term debts differ between schools of thought, so ask a scholar if these apply to you.
Worked example
Aisha has $3,000 in cash, $12,000 in savings, 40 grams of 22K gold jewellery she follows the view of paying zakat on, and $2,000 of a credit card bill due this month. With gold at about $134 per gram (24K), her gold is worth 40 × 22/24 × $134 ≈ $4,913.
Her net zakatable wealth is $3,000 + $12,000 + $4,913 − $2,000 = $17,913. That is above the silver nisab (about $1,124 at October 2026 prices), so her zakat is 2.5% × $17,913 ≈ $448.
What counts and what doesn't
| Zakatable | Not zakatable |
|---|---|
| Cash at home and in bank accounts | Your own home |
| Gold and silver (per your school's view on jewellery) | Personal car, furniture, clothes |
| Shares, funds and crypto held as investments | Tools and equipment used for work |
| Business stock and money owed to you | Debts you owe that are due now (deducted) |
Frequently asked questions
What is the nisab for 2026?
The nisab changes with metal prices. The calculator uses live spot prices: the silver nisab (612.36 g) is usually a few hundred US dollars, and the gold nisab (87.48 g) is several thousand.
Do I pay zakat on gold jewellery?
According to the Hanafi school, yes, on all gold and silver jewellery. Many other scholars exempt jewellery that is worn regularly. Enter your jewellery under gold if you follow the view that it is zakatable.
When should I pay zakat?
Once a lunar year has passed with your wealth above the nisab. Many people pay in Ramadan for the extra reward, using the same date each year.
Silver or gold nisab: which should I use?
Many scholars recommend the silver nisab for cash and mixed assets because it is lower, so it is the more cautious choice that benefits more people in need. If all your wealth is gold, the gold nisab may apply. Ask a scholar you trust.