Zakat Calculator

Who has to pay zakat?

Zakat is due on a Muslim adult who owns wealth equal to or more than the nisab for one full Islamic (lunar) year. The rate is 2.5% (one fortieth) of the zakatable wealth on the day the year completes.

What is nisab?

Nisab is the minimum amount of wealth on which zakat becomes due. It is set as 7.5 tola (87.48 grams) of gold or 52.5 tola (612.36 grams) of silver. When a person owns only gold, the gold nisab is used. When the wealth is mixed — cash, gold, silver and goods for trade — many scholars in Pakistan advise using the silver nisab, because it is lower and so more people pay zakat. Because gold and silver prices change every day, enter today's rates from your local market.

What is counted

• Gold and silver in any form, including jewellery, at today's value.
• Cash in hand and in bank accounts, including foreign currency.
• Goods and stock kept for sale, at their current sale value.
• Money lent to others that you expect to get back.
• Shares, savings certificates, prize bonds, and land or property bought with the intention to sell.

What is not counted

• Your home, car, furniture, clothes and household items for personal use.
• Tools, machines and shop fittings used in business.
• Property you live in or rent out (zakat is on the saved rent, not the building).

Zakat deducted by banks

In Pakistan, banks deduct zakat from savings accounts on the first day of Ramadan if the balance is above the nisab announced by the government, unless you have submitted a declaration (CZ-50) for exemption. If zakat was already deducted, subtract it from what this calculator shows. Zakat paid this way can also be claimed as a deduction in your income tax return.

This calculator follows the common Hanafi method and is for guidance. For special cases — business partnerships, agricultural produce (ushr), loans and pensions — ask a scholar you trust.