Calculating Zakat correctly is an essential aspect of fulfilling this pillar of Islam. Our Zakat calculator simplifies this process by providing accurate calculations based on current Nissab values.
To use the calculator effectively, you need to account for all your Zakat-eligible assets, including cash, gold, silver, investments, business inventory, and other valuable possessions. From this total, you can deduct any immediate liabilities or debts.
The calculator then compares your net wealth with the current Nissab value. If your wealth exceeds the Nissab threshold and has been in your possession for a full lunar year (Hawl), the calculator will determine your Zakat obligation at the rate of 2.5% of your eligible wealth.
Our calculator updates the Nissab value daily based on current gold and silver prices, ensuring that your Zakat calculations remain accurate and in line with contemporary economic conditions.
By using a reliable Zakat calculator, you can ensure that you fulfill your religious obligation correctly, neither underpaying nor overpaying your Zakat.