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Zakat Calculator

Calculate your Zakat obligation with detailed Islamic guidelines

Assets Subject to Zakah

Enter values for assets that qualify for Zakat based on Islamic guidelines

1. Gold and Silver

Always subject to Zakat regardless of form or use

Gold and silver are subject to Zakah in any form. Mixed-metal personal items are only liable if more than half the metal is gold or silver. Gold-plated items are generally not liable.

2. Cash and Liquid Investments

Fully subject to Zakat if readily convertible to cash

Also includes:

  • Cash in TFSA (Tax-Free Savings Accounts)
  • National savings certificates
  • Any readily liquidated investments (excluding equity-based like shares/unit trusts)

Calculation Summary

Review your Zakat obligation

Understanding Zakat

General Rules on Assets

  • •Personal assets: All assets for personal use and basic living expenses are exempt, except cash and gold/silver items.
  • •Trading assets: All assets purchased explicitly for resale are liable for Zakat.
  • •Investment assets: Assets purchased for rental/investment return are not themselves liable, but the income is.

Key Principles

  • •Zakat is 2.5% of wealth held for a full lunar year above the Nisab threshold
  • •Calculated on the balance of assets owned on the Zakatable date, not on fluctuating amounts during the year
  • •Intention behind purchase determines Zakat treatment for property and business assets

Out of Scope

This calculator currently does not cover: Livestock, Agricultural output, Pensions, Complex debt structures, and Property assets (due to intention-based calculations).

Disclaimer: This calculator provides an estimate based on general Islamic guidelines. Consult a qualified Islamic scholar for precise Zakat calculation and religious guidance, especially for complex asset situations.