Zakat Calculator
Work out your zakat in a minute. Enter your cash, gold, silver, shares and business stock, and the calculator applies today’s gold price to the nisab and shows the zakat you owe (2.5%). You can then pay it straight away through Elvefa’s Zakat campaign.
How to calculate zakat
Calculating zakat takes four simple steps — the same ones the calculator above follows:
- Add up your zakatable wealth on your zakat date: cash at home and in the bank, saved gold and silver, shares and investments, goods held for sale, and money others owe you that you expect to be repaid.
- Subtract debts that are due now — bills and instalments currently payable, not the full balance of long-term loans.
- Compare the result with the nisab. If your net wealth is below nisab, no zakat is due.
- Multiply your net wealth by 2.5% (or divide it by 40) once it is above nisab and a full lunar year has passed.
Example: you have $18,000 in the bank, $1,500 in shares and a $1,000 instalment due. Your net wealth is $18,500, which is above nisab, so your zakat is $18,500 × 2.5% = $462.50.
What is the nisab?
Nisab is the minimum amount of wealth on which zakat becomes due. It equals:
- 85 grams of pure (24k) gold, or
- 595 grams of pure silver.
Because the price of gold changes every day, the dollar value of the nisab changes too, so the calculator shows the current price of a gram of gold and lets you adjust it. Many people use the gold nisab; some scholars consider the silver nisab more cautious and better for the poor because it is lower, so more people pay zakat. You can choose either one. Learn more in Types of Zakat and their thresholds.
What to include in your zakat calculation
- Cash — at home, in current and savings accounts, and in digital wallets.
- Gold and silver — bars, coins and saved jewellery, counted by karat (21k gold, for example, is 21/24 pure). See Rulings on Zakat for Silver.
- Shares and investments — explained in Understanding Zakat on Stocks.
- Business stock — goods held for sale, at market value on your zakat date.
- Money owed to you — loans you have given that you expect to be repaid.
What is not subject to zakat?
There is no zakat on things kept for personal use: the home you live in, your own car, furniture, work tools and clothing. Crops and livestock have their own rules — see Zakat on agriculture.
When is zakat due?
Zakat is due when your wealth reaches nisab and stays there for a full lunar (Hijri) year — about 354 days. Many Muslims choose Ramadan as a fixed date to calculate and pay their zakat, and the majority of scholars allow paying it early, before the year is complete, once you have reached nisab.
Pay your zakat with Elvefa
Elvefa Association for Relief and Development delivers your zakat to eligible recipients — displaced families, orphans and people in poverty. After calculating, tap “Pay your zakat now” to go straight to the Zakat campaign with your amount filled in; your receipt is emailed to you. Elvefa is a US-registered 501(c)(3) tax-exempt nonprofit (EIN 37-2183692), so donations from US taxpayers are tax-deductible as allowed by law.
Zakat calculator FAQ
Do I pay zakat on gold jewellery I wear?
Scholars differ. The majority (the Maliki, Shafi‘i and Hanbali schools) hold that jewellery worn for permitted adornment is exempt, while the Hanafi school holds that zakat is due on it. Gold that is saved or held as an investment is zakatable by agreement. Enter what applies to you according to the opinion you follow.
Do I include my monthly salary?
Not when you receive it. Whatever remains in your hand or account on your zakat date is added to the rest of your wealth.
Do I deduct my whole mortgage or car loan?
Many contemporary scholarly bodies say to deduct only the instalment that is currently due, not the full outstanding balance of a long-term loan.
Should I use the gold or the silver nisab?
Both are valid. The gold nisab is higher; the silver nisab is lower, so it brings more people into paying zakat and benefits the poor more. Choose the basis you are comfortable with in the calculator.
Is my zakat tax-deductible in the US?
Yes. Elvefa is registered under 501(c)(3), so your donation is tax-deductible as allowed by US law, and you receive an official receipt after every gift.
This calculator is a guide for estimating your zakat. For special or complex cases, please consult a qualified scholar.