Zakat FAQ

The Nisab threshold is based on 85 grams of gold or 595 grams of silver. The monetary value changes with market prices. Our calculator uses real-time gold and silver prices to determine the current Nisab in your chosen currency.

Most scholars recommend using the silver Nisab as it results in a lower threshold, allowing more people to participate in giving Zakat.

Zakat is obligatory charity with specific rules about who must pay, how much, and who can receive it. It is one of the Five Pillars of Islam.

Sadaqah is voluntary charity with no minimum amount or specific recipients. It can be given at any time and in any amount.

The 2.5% rate (1/40th of wealth) for cash, gold, silver, and trade goods is established in Islamic jurisprudence based on Prophetic traditions. Agricultural produce and livestock have different rates. This rate balances helping those in need while not overburdening the giver.

Zakat becomes due once your wealth has been above the Nisab threshold for one complete lunar year (Hawl). Many Muslims choose to pay during Ramadan for increased blessings, but you can pay whenever your Hawl is complete.

Some Muslims use a fixed annual date (like the 1st of Ramadan) to simplify tracking, calculating Zakat on all wealth held at that time.

Scholars have different opinions on this matter:

• Hanafi school: All gold and silver is zakatable regardless of use.
• Maliki, Shafi'i, and Hanbali schools: Generally exempt jewelry worn regularly within customary amounts.

Consult a scholar for guidance specific to your situation and school of thought.

No. Personal assets used for daily living such as your primary residence, personal vehicle, furniture, and clothing are not subject to Zakat. Only surplus wealth beyond your basic needs is zakatable.

However, if you own properties as investments or for rental income, the income and trade value may be zakatable.

There are two main approaches:

• For trading stocks: Calculate 2.5% of the market value at your Zakat due date.
• For long-term investments: Some scholars say to pay on dividends only, while others recommend paying on the full market value. The more cautious approach is to pay on the full value.

Most contemporary scholars agree that cryptocurrency holdings are zakatable. They are treated similarly to cash or tradeable assets. If you hold cryptocurrency for investment, calculate 2.5% of its value at your Zakat due date.

Many scholars allow you to deduct immediate debts (due within the year) from your total wealth before calculating Zakat. Long-term debts like mortgages are typically not fully deductible, though you may deduct the portion due within the coming year.

Different schools have varying opinions, so consult a scholar for your specific situation.

While Zakat is ideally paid in full when due, if paying the full amount would cause hardship, some scholars permit paying in installments. It's best to consult a scholar and ensure the full amount is paid within a reasonable timeframe.

You cannot give Zakat to dependents you are obligated to support (spouse, parents, children). However, you may give Zakat to other relatives who qualify as recipients, such as siblings, cousins, aunts, or uncles, if they meet the eligibility criteria.

Our calculator uses real-time spot prices from reliable market data sources, updated regularly. For historical calculations, we use archived price data from the selected date.

Yes! Use the "Copy Share Link" button to generate a URL that preserves all your entered values. You can bookmark this link or share it across devices.

Use the currency you're most comfortable with or the currency you'll use to pay your Zakat. All assets are converted to your chosen base currency for the final calculation.