Zakat Calculator


Calculate your Zakat

Zakat Caculator

Bank Saving
Use lowest amount held for 1 year

+ Gold & Silver
Monetary value

+ Money owed to you
Deposits, loans you made

+ Resale value of shares, stocks, bonds, etc.

Total

2.5 % of zakat

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What is Zakat?

Zakat literally means 'to increase' in growth. It also means blessing, purification and commendation. Zakat is an obligatory act ordained by Allah to be performed by every able bodied Muslim. It is part of the wealth and property that Muslims must pay annually, to help the poor of their community. Zakat is one of the Five Pillars of Islam, mandatory for all Muslims. Zakat is not a charitable contribution, and is considered as a tax.

Zakat is based on income and the value of all of one's possessions. It is customarily 2.5% of a Muslim's total savings and wealth above a minimum amount known as nisab.


The Holy Qur'an (Sura Al-Tauba: 60) classifies the due recipients of zakat under the following eight categories.
"Zakat is for the poor, and the needy and those who are employed to administer and collect it, and the new converts, and for those who are in bondage, and in debt and service of the cause of Allah, and for the wayfarers, a duty ordained by Allah, and Allah is the All-Knowing, the Wise".
[Source: Guide to Zakat - By Dr. Abdul-Satar Abu Qhodda]