Zakat Calculater

by

Zakat is one of the five pillars of Islam. It is mandatory for every eligible Muslim to pay 2.5% of their wealth to the needy. The Mknexa Zakat Calculator helps you easily calculate the exact amount you need to pay on your Gold, Silver, Cash, and Savings.

Zakat Calculator

Calculate 2.5% on your total wealth

1. Gold & Silver (Value in your Currency)
2. Cash & Savings
3. Business Assets
4. Liabilities (Debts to Pay)
Net Wealth: 0
Total Zakat Payable (2.5%)
0
Note: Zakat is only applicable if your net wealth exceeds the Nisab value (equivalent to 87.48g Gold or 612.36g Silver).

How is Zakat Calculated?

Zakat is calculated on your "Zakatable Assets" after deducting your immediate liabilities. The formula used in this calculator is:

(Total Assets - Total Debts) × 2.5% = Zakat Payable

What Assets are Included?

  • Gold & Silver: Jewellery, bars, or coins.
  • Cash: Money at home or in bank accounts.
  • Business Stock: Goods bought for the intention of resale.
  • Investments: Shares or property bought for resale (Trade).

Note: Personal items like your house (where you live), car, clothes, and furniture are NOT subject to Zakat.