• In The Name Of Allah, The Most Beneficent, The Most Merciful

Zakat Calculator

Directions: Enter the appropriate dollar amount in the text boxes for each category. Click the Tab Key to scroll through the text boxes. Click on the FAQ link for more information/assistance for each category.

Zakat Calculation - For Individuals Word Doc  or PDF Form

To determine the current value of Nisab To be liable for Zakat, one's wealth must amount to more than a threshold figure, termed the "Nisab". To determine the nisab, the are two measures - either Gold or Silver. The Nisab by the gold standard is 3 ounces of gold (87.48 grammes) or its cash equivalent. The Nisab by the silver standard is 21 ounces of silver (612.36 grammes) or its equivalent in cash. Click here

The following values come from the Asia exchange, recorded at Tue Mar 22 04:59:38 2016.

  Price in USD Nisab in USD
Gold 1251.60 3731.33
Silver - Jumhur 15.91 304.35
Silver - Hanafis 15.91 313.23

Calculate

Total Amount
OR Current $ Value
1.Amount of cash saved; the minimum balance that is held over 1 year.
$
2.Current value of gold, silver, and jewelry owned
$
3.Current value of stocks, shares, etc.
$
5.Saving from rental income  (if not accounted for in item 1 above)
$
6.Value of trade inventory, cash, receivables, minus payables from business
$
Total Amount  (add lines 1 through 6)
$
7.Personal net indebtedness  (loans payable by you this year minus loans expected to be repaid to you this year)
$
Net Amount  (Subtract line 7 from Total amount)
$
8.Zakat  (Net Amount * 0.025)
$
9.Less any zakat payments already made this year
$
 
Your Zakat Due  (Net Balance)
 (Subtract line 9 from line 8)
$
For further explanation regarding all items, see FAQs.

($10/person)