IMRelief
Δ
For general use, you can use this Zakat calculator in any currency. However, to compare to the “nisab” threshold, calculations are in USD.
Zakat payable is 2.5% of the wealth one possesses, only once this wealth reaches the “nisab” threshold (which is equal to 85 grams of 24k gold). The nisab amount listed here is based on the latest available report to IMR (note: This number may change daily based on gold exchange rate).
Zakat is liable on gold, silver, cash, savings, investments, rent income, business merchandise and profits, shares, securities and bonds. Zakat is not paid on wealth used for debt repayment or living expenses such as clothing, food, housing, transportation, education, etc. Latest nisab update: March 2023.
Cash at Home + Bank SavingsUse lowest amount held for one yearGold and SilverCurrent Monetary ValueMerchandise & ProfitsResale value of shares, stocks, bonds, etc.Property Held as InvestmentExclude property intended for personal use or fixed assetsOther Incomee.g. Rent incomeTotal Earnings Before DeductionsPreviousNextTotal Earnings Before DeductionsDeduct DebtsDeduct ExpensesTotal Earnings After DeductionsZakat DueAt 2.5% of Zakat-eligible Earnings After Deductions
Because your Earnings After Deductions are below the Nisab Threshold.
Go to Homepage
Donate Your Zakat
Previous