Calculate your Zakat obligation step-by-step in British Pound
Enter all cash you have in hand, savings, and current accounts.
Include jewellery (worn or stored), coins, and bars.
Current market value of stocks, mutual funds, crypto, etc.
Only include property/stock held for trade โ not your personal home.
Voluntary contributions only โ not employer-mandated pension.
Immediate debts and liabilities that reduce your Zakatable wealth.
Based on 2.5% of your net Zakatable assets.
Zakat is one of the Five Pillars of Islam โ an annual obligation on every Muslim whose wealth exceeds the Nisab threshold. The rate is 2.5% of your total Zakatable assets minus liabilities, calculated on wealth held for one lunar year.
Assets that are Zakatable include cash, gold, silver, investments, business stock, and receivables. Your personal home, car, furniture, and clothing are exempt. Most scholars recommend using the silver Nisab threshold as it is lower and includes more people in the obligation.
Nisab is the minimum amount of wealth a Muslim must possess before Zakat becomes obligatory. It is equivalent to 87.48 grams of gold or 612.36 grams of silver. The monetary value fluctuates with metal prices.
