Zakat Calculator
Simplifying your Zakat calculation
Calculating your Zakat isn’t as difficult as you may think. We find that breaking your assets down into different categories makes the Zakat calculation process really simple.
We have broken down the calculation process into Zakatable assets (gold, silver, cash, savings, business assets etc.) and Deductible liabilities (money you owe, other outgoings due) so you can calculate the Zakat you owe easily.
The amount of Zakat you need to pay will be determined once you have calculated the value of your net assets. You then need to see whether your net assets are equal to, or exceed, the Nisab threshold.
Using the Zakat calculator
Enter all assets that have been in your possession over a lunar year into the Zakat calculator. This will then give you the total amount of Zakat owed.
Zakat Scholar: Providing specialist advice
We understand that calculating your Zakat can be daunting, and even confusing. Therefore, we work with a dedicated Zakat scholar during Ramadan to provide a specialised advice service. This service allows you to speak directly to a learned scholar via email or telephone.
Please note: the Zakat scholar is only available during Ramadan from 3 to 8pm (Monday to Friday only). The scholar can therefore only call back during these time periods.
What is Nisab?
The nisab is the minimum amount of wealth a Muslim must possess before they become eligible to pay Zakat. This amount is often referred to as the nisab threshold.
Gold and silver are the two values used to calculate the nisab threshold. Therefore the nisab is the value of 87.48 grams of gold or 612.36 grams of silver.
Current Nisab threshold (as of 06/04/2022):
- Using value of silver (612.36 grams) – approximately £366.80
- Using value of gold (87.48 grams) – approximately £4,139.55
Visit our Zakat page for an extensive list of Zakat FAQs. You can also watch this YouTube video series where scholars answer Zakat related questions.
Scholar Verified
We ensure our content is reviewed and verified by qualified scholars to provide you with the most accurate information. This webpage was last reviewed by Sheikh Saalim Al-Azhari.
Page last reviewed: 17 January 2022
Next review due: Within 12 months