This is a Best Zakat Calculator for Quick & Accurate Zakat Calculation anywhere and anytime
Zakat Calculator | Quick & Accurate Zakat Calculation
Our Zakat Calculator helps Muslims worldwide make quickly and easily zakat calculation. It supports almost all currencies, so you can calculate your zakat based on your local currency. Because if you dont know gold and silver prices then dont worry our zakat calculator give you nisab according to gold and silver price in your local currency. Our gold and silver prices data base updated every day.
Zakat is one of the five pillars of Islam and is mandatory for every Muslim. However, before paying zakat, you must know you are eligible or not, because there are some conditions and requirements.
Some people don’t have enough money, so zakat is not obligatory for them. First, calculate your income, bank accounts, and total expenses. Then, check if you fall into the category of those who must pay zakat. Our Zakat Calculator will be very useful for this purpose.
The beauty of Islam is that it does not burden any Muslim beyond their ability to pay. For example, if you do not have enough money to perform Hajj or pay zakat, Islam gives an exemption. In this article we provides a lot of information about zakat, including who must pay it, who should receive it, and the benefits of giving zakat.
The Zakat Calculator simplifies the process, which allows you to fulfill this important religious obligation with confidence.
Using the Zakat Calculator
To calculate your Zakat using our user-friendly calculator, follow these steps:
- Select your currency: Choose your local currency from the dropdown menu. The calculator supports a wide range of currencies to make it easy for you.
- Enter your assets: Input the values of your Zakat-eligible assets in the corresponding fields. These include:
- Cash at home
- Balance held in bank accounts
- Resale value of shares
- Merchandise and profits
- Gold and silver (at current value)
- Property held as investment
- Other income
- Deduct debts and expenses: Enter any outstanding debts or expenses you have in the “Deduct Debts” and “Deduct Expenses” fields. The calculator subtracts these from your total assets to determine your Zakat-eligible total.
- Check nisab: The calculator compares your Zakat-eligible total against the nisab (minimum threshold) for your chosen currency. If your total exceeds the nisab, you are obligated to pay Zakat.
- View your Zakat amount: The calculator instantly displays your Zakat amount, which is 2.5% (0.025) of your Zakat-eligible total. This real-time calculation ensures you always have an up-to-date figure as you input your assets and deductions.
By using our Zakat Calculator, you can easily determine your Zakat obligation without the need to perform manual calculations. The instant results and user-friendly interface make it simple for you to fulfill this important pillar of Islam accurately and confidently.
Key Points to Remember Before Calculating Zakat
Before you start calculating your Zakat, keep these important points in mind:
- Personal items: You don’t need to pay Zakat on things you use every day, like your clothes, house, car, and dishes. These are necessary for your daily life and are free from Zakat.
- Salary: If you earn 10 million a year but spend all it on your needs, you don’t have to pay Zakat on that money. Zakat only applies to the amount left over after you pay for your and your family’s necessary expenses.
- Business assets: If you own a business, you should be pay Zakat on the net worth of your business assets, such as inventory, cash, and money others owe you. But, you don’t need to pay Zakat on things you use to run your business, like equipment or machines.
- Retirement accounts: Islamic scholars have different opinions on your retirement accounts you should pay Zakat or not, like 401(k) or pension plans, every year or only when you take the money out. Talk to an Islamic scholar you trust to get advice for your specific situation.
- Inherited wealth: If you have received money as an inherit which is exceed nisab. You must pay Zakat on it if you keep it for one Islamic lunar year.
- Gifts and donations: You don’t need to pay Zakat on gifts or donations you receive as long as they don’t exceed the nisab.
- Intention: When you pay Zakat, ensure that you fulfill this religious duty for Allah’s sake. Make this intention before or when you pay your Zakat.
Keeping these points in mind lets you to correctly calculate your Zakat in accordance with Islamic teachings. If you have any questions or are unsure about something, consult an Islamic scholar who can provide specific advice for your situation.
How to Calculate Zakat Manually
To manually calculate your Zakat, first figure out your total eligible assets and subtract any outstanding bills or liabilities. Here’s a step-by-step guide:
- Identify your Zakat-eligible assets, such as gold, silver, cash, savings, and investments. Make sure to calculate the value of these assets on the day your Zakat is due.
- Add up the total value of your eligible assets. If you have assets in different currencies, convert them to a single currency for easier calculation.
- Subtract any outstanding debts or liabilities from your total assets. This may include loans, bills, or other financial obligations.
- Decide the nisab value based on your preferred calculation method (gold or silver). The nisab is the minimum threshold for Zakat eligibility. The gold nisab is 87.48 grams, while the silver nisab is about 612.36 grams.
- Compare your total eligible assets (after subtracting debts) to the nisab value. If your assets exceed the nisab, you are obligated to pay Zakat.
- Calculate 2.5% of your total eligible assets to determine your Zakat amount. For example, if your total eligible assets are $10,000, your Zakat would be $250.
Remember, these calculations provide a general guideline for determining your Zakat. It’s important to consult with a qualified Islamic scholar for personalized guidance.
By understanding how to calculate Zakat manually, you can ensure that you are fulfilling this important obligation accurately.
What is Zakat?
Zakat is a type of charity that Muslims with enough wealth must give to help the poor and needy. The word “Zakat” means “purification” or “cleansing” in Arabic. By giving Zakat, Muslims believe they are purifying their wealth and their souls.
The Quran mentions Zakat many times, showing its importance. For example:
“And establish prayer and give Zakat, and whatever good you put forward for yourselves – you will find it with Allah.” (Quran 2:110)
“Take from their wealth a charity by which you purify them and cause them increase, and invoke [Allah’s blessings] upon them.” (Quran 9:103)
The Prophet Muhammad (peace be upon him) also emphasized the importance of Zakat in many hadith:
“Islam is built on five pillars: testifying that there is no god but Allah and that Muhammad is the Messenger of Allah, performing the prayers, paying the Zakat, making the pilgrimage to the House, and fasting in Ramadan.” (Sahih al-Bukhari)
“Whoever is made wealthy by Allah and does not pay the Zakat of his wealth, then on the Day of Resurrection, his wealth will be made like a bald-headed poisonous male snake with two black spots over the eyes.” (Sahih al-Bukhari)
Muslims must pay Zakat if they have had a certain amount of wealth for a whole Islamic lunar year. This amount is called the “nisab.” In general, Muslims pay 2.5% of their eligible wealth as Zakat.
The Quran (9:60) tells us there are eight groups of people who should receive Zakat:
- The poor
- The needy
- Those who collect Zakat
- Those whose hearts are to be reconciled
- Those in slavery
- Those in debt
- Those in the cause of Allah
- The travelers
By giving Zakat, Muslims help those in need, make society fairer, and show their gratitude to Allah for the blessings they have received. It is a way to worship Allah and purify one’s wealth and soul.
Calculating Zakat: Gold or Silver?
When calculating Zakat, you can use either the current value of gold or silver to determine the nisab (minimum threshold).
The Prophet Muhammad (peace be upon him) mentioned, “There is no Zakat on less than five uqiyas of silver” (Sahih al-Bukhari).
One uqiya equals 40 dirhams, and 200 dirhams equal 52.5 tolas of silver, setting the silver nisab at 52.5 tolas.
The nisab for gold is 20 dinars, which equals 7.5 tolas. Scholars have differed on whether to use gold or silver for calculating Zakat. However, it is more preferable to calculate Zakat according to silver because it enables more people to give Zakat and helps a larger number of those in need.
Silver is more affordable and accessible to the majority of Muslims compared to gold, which is expensive and not possessed by many in significant quantities. By using silver as the basis for Zakat calculation, we ensure that the maximum number of Muslims can fulfill this important pillar of Islam and extend assistance to a wider range of beneficiaries.
The Quran emphasizes, “And from their properties was [given] the right of the [needy] petitioner and the deprived” (51:19),
highlighting the importance of giving Zakat to those in need, and using silver as the nisab allows us to better achieve this noble goal.
Do I pay Zakat on gold I wear?
No, you don’t pay Zakat on gold jewelry you wear regularly.
The Prophet Muhammad (peace be upon him) said, “There is no Zakat on jewelry that is worn” (Sunan Abu Dawud).
Zakat is only required on gold that you keep as savings or investment and that reaches the nisab (minimum threshold) of 7.5 tolas. If your gold jewelry is kept as savings and exceeds the nisab, you must pay Zakat on it. However, if you wear your gold jewelry consistently, it is exempt from Zakat.
Who Cannot be paid Zakat?
Zakat cannot be paid to certain individuals, as specified by Islamic teachings.
The Prophet Muhammad (peace be upon him) said, “Zakat is not permissible for the rich or the able-bodied” (Sunan Abu Dawud).
Zakat is meant to help the needy and should not be given to those who are financially stable or capable of earning a living.
Additionally, Zakat cannot be paid to one’s immediate family members, such as parents, children, or spouse, as it is the obligation of the individual to support them. Non-Muslims and those engaged in sinful activities are also ineligible to receive Zakat.
Can we give Zakat without telling?
Yes, you can give Zakat without telling the recipient. In fact, giving Zakat discreetly is considered more virtuous in Islam.
The Quran states, “If you disclose your charitable expenditures, they are good; but if you conceal them and give them to the poor, it is better for you” (2:271).
Giving Zakat privately helps maintain the dignity of the recipient and prevents them from feeling indebted or embarrassed. It also purifies the intention of the giver, ensuring that the act of giving is solely for the sake of Allah and not for seeking recognition or praise from others.
Can husband pay Zakat for wife?
Yes, a husband can pay Zakat on behalf of his wife, provided that she gives him permission to do so.
The Prophet Muhammad (peace be upon him) said,
“A woman may give charity from her husband’s wealth, without his permission, if he is not stingy” (Sahih al-Bukhari).
However, it is important to note that Zakat is an individual obligation, and the wife’s Zakat should be calculated separately based on her own wealth. If the husband pays Zakat on her behalf with her consent, it is considered as if she has fulfilled her obligation. Open communication and mutual agreement between the husband and wife are essential when deciding how to pay Zakat.
Can I give Zakat to my married daughter?
No, you cannot give Zakat to your married daughter. The Prophet Muhammad (peace be upon him) said,
“Sadaqah (charity) is not permissible for the family of Muhammad, for it is people’s impurities” (Sahih Muslim).
This rule applies to immediate family members such as parents, children, and spouses. Your married daughter is now financially supported by her husband, so he is responsible for her needs.
Giving her Zakat would not serve its purpose, which is to assist those in need outside of your immediate family. If she requires assistance, you can give her voluntary charity (sadaqah), though it will not count as your required Zakat.
At what age is Zakat compulsory?
Zakat becomes compulsory when a Muslim reaches the age of puberty and possesses wealth that meets the nisab (minimum threshold) for a full lunar year.
The Prophet Muhammad (peace be upon him) said,
“No Zakat is due on the property of a minor until he or she reaches the age of puberty” (Sunan Abu Dawud).
According to Islamic law, both boys and girls reach puberty at the age of 15. However, if a guardian manages a child’s wealth, the guardian is required to pay Zakat on the child’s behalf until the child reaches adulthood and can handle their own finances.
What are the three conditions of Zakat?
The three main conditions that make Zakat obligatory for a Muslim are:
- Islam: The person must be a Muslim. Non-Muslims are not obligated to pay Zakat.
- Nisab: The person must possess wealth that reaches the minimum threshold (nisab) for Zakat. The nisab for gold is 7.5 tolas (87.48 grams), and for silver, it is 52.5 tolas (612.36 grams). If a person’s wealth does not reach the nisab, Zakat is not mandatory.
- Hawl: The wealth must have been in the person’s possession for a complete lunar year (hawl). If you acquire wealth during the year and it doesn’t reach the nisab by the end of the hawl, you don’t have to pay Zakat.
If a Muslim meets these three conditions, they must pay Zakat. Zakat only applies to certain types of wealth, like gold, silver, cash, livestock, and crops. The rules and calculations may be different depending on the type of wealth.
What is the punishment for not paying Zakat in the Quran?
The Quran strongly highlight the importance of paying Zakat and warns those who do not comply with this obligation. In Surah At-Tawbah, the Quran states:
“And those who hoard gold and silver and do not spend it in the way of Allah – give them tidings of a painful punishment” (9:34).
This verse indicates that those who accumulate wealth without fulfilling the duty of Zakat will face severe punishment in the Hereafter. The Quran also describes the fate of those who withhold Zakat:
“On the Day when it will be heated in the fire of Hell and with it will be branded their foreheads, their flanks, and their backs. [It will be said], ‘This is what you hoarded for yourselves, so taste what you used to hoard’” (9:35).
This verse paints a vivid picture of the painful consequences for those who ignore Zakat. While the Quran does not specify a specific worldly punishment for failing to pay Zakat, it does state completely that failing to fulfill this obligation is a grave sin with serious spiritual consequences in the afterlife.