Zakat Calculator 2026 — Calculate What You Owe

Zakat (الزكاة) is the third pillar of Islam — an obligatory annual charity of 2.5% on qualifying wealth. It is due on gold, silver, cash, investments, and business inventory that has been held for one full lunar year (Hawl) and exceeds the Nisab threshold. Allah says: 'Take from their wealth a charity by which you purify and cleanse them.' (Quran 9:103)

Nisab is the minimum threshold of wealth above which Zakat becomes obligatory. It is based on either 85 grams of gold or 595 grams of silver. Most scholars recommend using the silver Nisab as it includes more people and is more in line with the Prophet's ﷺ practice. If your net zakatable wealth equals or exceeds the Nisab and has been held for one lunar year, Zakat is due.

The Hawl is the condition that zakatable wealth must have been in your possession for one complete Islamic lunar year (approximately 354 days). If your wealth drops below Nisab at any point during the year, the Hawl resets. Many scholars say you should calculate on the anniversary of when you first reached Nisab — typically Ramadan is a popular time.

There is a scholarly difference of opinion (Ikhtilaf) on this. The Hanafi school holds that Zakat is due on all gold and silver, including jewellery worn by women, if it reaches Nisab. The Shafi'i, Maliki, and Hanbali schools generally exempt jewellery worn for personal use. This calculator includes gold/silver by default — consult your scholar if you follow a madhab that exempts jewellery.

Only short-term debts due within the coming year are typically deductible. Long-term debts (like a mortgage) are generally not fully deductible — most scholars say only the current year's instalment can be deducted. Enter only debts that are due now or within the next year.

For stocks held as investments (not for trading), scholars differ: some say Zakat is only on the dividends; others say 2.5% on the current market value; others use the underlying zakatable assets of the company. The safest and most common modern fatwa is to calculate 2.5% on the current market value of all stocks and shares held for a year.

For employer pensions where you cannot access the funds, most contemporary scholars say Zakat is due only when you receive the money (upon retirement). For personal pension pots (SIPP, 401k) where you have some control, the dominant modern opinion is that Zakat is due on the portion you could theoretically access, at 2.5% per year.

The Quran specifies eight categories (9:60): the poor (Fuqara), the needy (Masakeen), Zakat administrators, those whose hearts are to be reconciled, freeing captives/slaves, debtors, those in the way of Allah (Fi Sabilillah), and stranded travellers (Ibn Al-Sabil). Zakat cannot be given to non-Muslim relatives, parents, children, or one's own spouse.