Calculate zakat for 2024 with our easy to use zakat calculator

How to calculate Zakat: Use our Zakat Calculator to see how much you owe this year.

To use our Zakat calculator, enter all the assets that have been in your possession over the course of a lunar year into the Zakat calculator. This will then give you the total amount of the Zakat you owe.

Breaking your assets down into different categories makes the Zakat calculation process easier. The process presented on the calculator is broken up by Zakatable assets which include 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 that appears will be what you need to pay.

Zakat, one of the Five Pillars of Islam, is a form of almsgiving treated in Islam as a religious obligation or tax, which, by Quranic ranking, is next after prayer in importance. As a religious obligation, it is deeply embedded in the Islamic faith, and its calculation is an essential practice for Muslims worldwide. With the advent of technology, the process has been simplified through the use of a Zakat Calculator, making it easier for Muslims to fulfill this crucial duty.

Learn how to calculate zakat, we make it simple

Calculating Zakat involves several steps and considerations to ensure one fulfills this religious obligation accurately. The process starts by evaluating all assets subject to Zakat, which include cash, gold, silver, business inventory, and other income-generating assets. The Zakat Calculator 2024 simplifies this task by providing a user-friendly interface where individuals can input their asset values, and the calculator will automatically compute the Zakat due.

To calculate Zakat, one must first determine the Nisab value, which is the minimum amount of wealth a Muslim must possess before they are liable to pay Zakat. This value is typically based on the current price of gold or silver. Once the Nisab is determined, Muslims who own wealth above this threshold must pay 2.5% of their total qualifying assets as Zakat.

Zakat calculator for gold: Use our gold zakat calculator to see what you owe

Gold is a significant asset in Zakat calculation due to its intrinsic value and common possession among Muslims. The Zakat Calculator on Gold simplifies the computation by considering the current gold prices and the weight of the gold owned. Whether you have gold in the form of jewelry, coins, or bars, the Gold Zakat Calculator allows you to input the total weight in grams or tolas and calculates the Zakat due based on the current gold Nisab value.

Zakat calculator for gold: Use our gold zakat calculator to see what you owe

Zakat on cash involves assessing all liquid assets, including money in bank accounts, savings, and even cash at hand. The UK Zakat Calculator provides an easy-to-use platform for UK residents, ensuring they can calculate their Zakat on cash accurately, taking into account any region-specific considerations.

To calculate Zakat on cash, one must sum up all liquid assets and apply the 2.5% rate. This includes checking and savings account balances, cash at home, and any other liquid assets. It is crucial to ensure that the total amount meets or exceeds the Nisab threshold for Zakat to be obligatory.