What I Own
(Zakatable Assets)
Easy Guide to Calculating Your Zakat
Calculating your Zakat is easier than you think. By categorizing your assets and liabilities, the process becomes straightforward. Our Zakat Calculator helps you determine your obligation by dividing assets into Zakatable assets (gold, silver, cash, savings, business assets) and deductible liabilities (debts, financial obligations).
To calculate your Zakat, first determine the value of your net assets. If this value equals or exceeds the Nisab threshold, you are obligated to pay Zakat at 2.5% of your total net assets.
How to Use the Zakat Calculator
Simply enter the assets you have owned for a full lunar year into our Zakat Calculator. The tool will automatically calculate your total Zakat obligation.
Zakat Fund UAE | Visit the UAE Zakat Fund to pay Zakat directly >>
What is Zakat?
A: Zakat is one of the Five Pillars of Islam and an essential act of worship. It requires giving 2.5% of one’s wealth to those in need. This applies to savings, investments, and business assets held for a full lunar year.
What is Nisab?
A: Nisab is the minimum amount of wealth a Muslim must possess to be eligible for Zakat. It is determined by the value of:
87.48 grams of gold
612.36 grams of silver
For 2025, the approximate Nisab values are:
Gold: $8,037.64
Silver: $613.15Is Zakat Based on Income or Savings?
A: Zakat is not solely based on income; it applies to accumulated wealth that meets or exceeds the Nisab. Every sane, adult Muslim must pay 2.5% of their qualifying assets, including:
Gold & Silver
Cash & savings
Business assets
Investments
Use our Zakat Calculator to check your eligibility and determine the exact amount you owe.How to Calculate Zakat on Cash?
A: Add up all cash in hand, bank accounts, and money owed to you.
Subtract any immediate debts or financial obligations.
If the remaining amount exceeds Nisab, pay 2.5% as Zakat.
Zakat should be calculated on all qualifying assets together, including gold, silver, business inventory, and investments.How to Calculate Zakat on Gold?
A: To calculate Zakat on gold:
Determine the total weight of gold you own.
Multiply the weight by the current market price.
Pay 2.5% of the total value as Zakat.
Zakat is generally payable on unused or excess gold rather than everyday jewellery.Which Assets Are Subject to Zakat?
A: Zakat is due on:
Gold & Silver
Cash & savings
Investments & business inventory
Agricultural produce
Personal belongings like clothing, household furniture, and one’s primary residence are exempt from Zakat.Who is Eligible to Receive Zakat?
A: The Quran specifies eight categories of people eligible to receive Zakat:
The poor – Those struggling to meet basic needs.
The needy – Those facing financial hardship.
Those in debt – Individuals burdened with financial liabilities.
Travellers in distress – Stranded or financially struggling travellers.
Zakat administrators – Those responsible for collecting and distributing Zakat.
New Muslims – Individuals embracing Islam in financial need.
Those striving in the cause of Allah – Supporting legitimate charitable causes.
Slaves seeking freedom – Assisting in freeing captives.
By paying Zakat, Muslims contribute to social welfare, poverty alleviation, and economic equity.How to Calculate Debts and Liabilities for Zakat?
A: Certain debts and liabilities can be deducted when calculating Zakat, including:
Debts payable within 12 months.
Up to 12 months’ worth of loan installments.
Arrears or overdue payments.
However, not all debts can be deducted, such as:
Future expenses or bills not yet due.
Long-term debts with no imminent payments.
Interest-based loans, as interest (riba) is haram in Islam.
For mortgages and student loans, only the next 12 months’ payable amount should be deducted from your total assets.
Understanding and calculating Zakat is essential for fulfilling this religious obligation. Our Zakat Calculator simplifies the process, helping you determine your exact contribution based on Islamic guidelines.
Ensure you calculate and pay your Zakat on time, supporting those in need and strengthening your faith.
Islamic Dates | Find out the important Islamic dates in UAE 2025, including Ramadan and Eid.
DISCLAIMER
This Zakat Calculator is provided as a general tool to assist users in estimating their Zakat obligations. The calculations are approximate and for informational purposes only. Users are advised to consult a qualified Islamic scholar or financial advisor for precise Zakat calculations.
