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Zakat Calculator

Calculate annual Zakat on wealth and savings

Zakat Calculator

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Zakat is one of the Five Pillars of Islam — a mandatory annual charitable contribution of 2.5% on wealth held above the Nisab threshold for one lunar year. The Nisab is calculated as the value of 87.48g of gold or 612.36g of silver (whichever applies).

  1. 1Calculate total zakatable wealth: cash, savings, investments, gold, silver, business inventory
  2. 2Exclude: primary home, personal car, furniture, tools of trade
  3. 3If total wealth > Nisab and held for one lunar year: pay 2.5%
  4. 4Nisab 2024 (gold basis): approximately £4,000–£5,000 (fluctuates with gold price)
£20,000 savings above Nisab=Zakat due: £50020,000 × 2.5% = £500
Total wealth £8,000 (above Nisab)=Zakat: £200Paid once per lunar year if held for full year
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