The Zakat calculator is a tool used to determine the zakat percentage a Muslim individual must pay based on their assets and liabilities. There are five pillars of Islam, and Zakat is one of them. Zakat is compulsory to pay for Muslims who are eligible enough. In this article we will try to answer the question, how to calculate zakat?
Zakat calculators in Pakistan are based on silver, gold, investments, savings, and debts. The calculator is made to calculate the correct percentages to fulfill religious obligations. This article will help you properly guide you on using zakat calculators in rupees and their benefits.
How to calculate zakat on Gold?
Zakat on gold and gold jewelry is compulsory for those who meet with Nisab, which refers to the wealth on which Zakat is mandatory. Zakat’s calculation of gold in Pakistan was calculated using the niqab, which is 87.84 (24 karat). If someone has more than the above-mentioned, Zakat is compulsory for them. Gold Zakat Calculator
Gold jewelry Zakat is calculated based on the market price of gold jewelry, not on the piece of jewelry. The cost of Zakat on Gold and Gold Jewelry is 2.5%, which means a person has to pay 2.5% of the total value of gold or gold jewelry. You can use our online zakat calculator to evaluate your zakat.
Zakat on Precious and Semi-Precious Stones
In Islam, Zakat is compulsory for specific wealth, such as gold, silver, and cash in hand. Many scholars debate Zakat on Precious and semi-precious stones. Some believe we must pay Zakat on these stones if they reach specific values.
These stones are also considered investments or trades that will allow Zakat to be implemented. If someone has these precious stones, they must get advice from a scholar and decide whether or not he has to pay for the Zakat on the stones.
Zakat on Silver
Zakat on silver is mandatory based on a specific amount of Nisab. The value of Zakat on silver depends on the market price of silver and silver jewelry. The amount that a Nisab has to pay based on silver is 2.5% of the total value of the silver.
How to calculate Zakat on Cash and Bank Balance
The major question that came in the mind is how to calculate zakat on cash? Zakat on cash and bank balances is also an important part of the religious aspect. To calculate the zakat price on cash and bank balances, one must have a larger amount than Nisab. The zakat percentage on silver is 2.5%. Zakat is more than a religious duty; it means purifying wealth by giving the amount of Zakat. The easiest way to calculate zakat is online zakat calculator tool. Zakat Calculator 2024
Zakat on Loan Given, Funds, etc
Zakat on loan is applicable if you have given a loan to someone and there is an exception for a loan return. You can add that loan return to wealth and calculate the amount of Zakat. If there are no expectations of loan return, then you don’t need to add your loan amount to total wealth.
If you have invested a specific amount in funds like mutual funds or stocks, Zakat will be calculated based on the market price of the stocks and investments. If the amount exceeds the Nisab price, then the amount of Zakat will be 2.5% of the total wealth, including the investment price. You can use any authentic zakat calculator online tool.
Zakat on Landed Property
Zakat is not compulsory on landed property like real estate until it’s been considered an investment. For residential properties like a house you live in, Zakat is not obligated on that property. If you invest in property, then the Zakat will apply to that property’s market price.
Zakat calculation in foreign countries
Zakat is not compulsory on landed property like real estate until it’s been considered an investment. For residential properties like a house you live in, Zakat is not obligated on that property. If you invest in property, then the Zakat will apply to that property’s market price. The base theme is always remanned same you can convert the results of zakat calculator into your currency. We have tried to make the Zakat Calculator tool easy to use, you can enter the amount in your local currency.
How to Calculate Zakat in Foreign Countries
The calculation principle for other countries is the same as that of Pakistan. A person with tremendous wealth, including gold, silver, and property, must pay the Zakat based on Nisab.
Zakat Calculation With Quran and Hadiths
Zakat is the most important pillar of Islam and a complimentary task of worship to purify your wealth. Zakat encourages the rich to help the poor enjoy their blessings. Calculating the right zakat amount is one of the most essential parts of fulfilling your worship. This article will help you get more information on the importance of zakat under the guidance of the Quran and Hadiths.
Understanding of Zakat with Quran And Hadiths
Zakat is the easiest way of worship, so here, we will understand its importance using the Quran and Hadith.
Conception of Nisab
The Quran does not mention a specific amount of zakat. The hadith sets the concept of the Nisab, which refers to a person having a specific amount to pay zakat. Our last prophet, Hazrat Muhammad (SAW), said, “There is no Zakat on wealth less than the value of five awqiya of silver” (Sahih al-Bukhari).
Awaqiya is an old unit used for measuring weight. Most scholars say that one-half of silver equals 85 grams of gold. However, this is not a fixed amount, as the current Zakat calculator is based on the current market price of gold, silver, and other metals.
Gold and Silver
Money
Business Assets
Immediate Liabilities
Zakat Calculation
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Zakat Prices
In the Quran, the amount of zakat percentage a person must pay is 2.5% of his savings. Zakat Calculator
“And establish prayer and give zakat and obey the Messenger – may Allah shower him with blessings and peace! – that you may receive mercy.” (Quran 24:56).
This verse of the Quran shows the importance of the zakat along with other worships like namaz.
Importance of Zakat Calculator in the current era
Calculate zakat: calculating the right amount of zakat in this complex financial era can be a bit confusing and tiring. Zakat calculators are tools that can be used for calculating the right amount of zakat as they are based on the current market theory of financials. These calculators are organized so that you just have to mention your assets and liabilities, and the amount that is obligatory on your wealth will be calculated easily.
Online Zakat Calculator Pros & Cons
Pros
You don’t have to calculate your amount of zakat manually
The accuracy of calculating zakat through a calculator, which is made for this purpose, is easy
You can escape from the risk of underpayment or overpayment
Using a Zakat calculator is a very convenient and time-saving process
You can calculate your zakat online anywhere, anytime.
Eye-Opening Facts
Zakat Reference in Quran
- Elbakara | Ayat: 43
- Elbakara | Ayat: 110
- Almayida | Ayat: 55
- Tawbaa | Ayat: 11
- Al Hajj | Ayat: 41
- Al-Nur | Ayat: 37
- Al-Nur | Ayat: 56
- Alnaml | Ayat: 3
- Al Bayanah | Ayat: 5
Cons
Zakat calculators are tools that may not be accurate for some situations
For complicated financial calculations, try to consult with some scholar
Eye-Opening Facts
Zakat Reference in Hadith
- Sahih Bukhari | Chapter 24, 484
- Sahih Bukhari | Chapter 24, 524
- Sahih Bukhari | Chapter 24, 507
- Sahih Bukhari | Chapter 24, 502
- Sahih Bukhari | Chapter 24, 529
- Sahih Bukhari | Chapter 24, 533
- Sahih Bukhari | Chapter 24, 542
- Sahih Bukhari | Chapter 24, 539
Zakat on business invention and profit
The last prophet, Hazar Muhammad (SAW), said, “There is no Zakat on your merchandise until you sell it” (Sahih al-Bukhari). These hadiths explain that zakat is obligatory for the profit generated after selling inventory. The zakat will be calculated based on net profit, not on the total amount of the inventory.
Zakat on Gold ownership and Jewelry
Zakat is obligatory on excessive gold Jewelry. In a hadith of Sahi Bukhari, our Prophet Hazrat Muhammad (SAW) said, “There is no Zakat on a woman’s gold jewelry unless it is excessive.”
In this hadith, the term “Excessive“ is used, which varies depending on school opinion. If you have excessive Jewelry, you can consult a scholar.
Zakat on Agriculture
Zakat is not compulsory on all agricultural produce. In the Quran, a specific condition is mentioned.
“And give the zakāt due from it [i.e., the harvest] on the day of its harvest.“ (Quran 6:141).
In this verse, two main points are mentioned. The first one is that zakat is obligatory on harvested crops, not on crops in their growing stage. The second point is that the timing of the zakat is also based on the harvest time.
What is Zakat?
Zakat is the third pillar of Islam. It is a specific amount of price a wealthy person gives to their poor brother. This is obligatory worship and shows the responsibility of the rich towards their poor brothers.
What is the 2.5 Zakat Hadith?
The 2.5% rate is mentioned in the hadiths.
“Al-Bukhari (1454) narrated from Anas (may Allah be pleased with him) that Abu Bakr (may Allah be pleased with him) wrote to him this document when he sent him to Bahrain: “This is the obligatory charity that the Messenger of Allah (blessings and peace of Allah be upon him) enjoined upon the Muslims and that Allah enjoined upon His Messenger:… for silver, one quarter of one tenth.” “
How is zakat calculated?
The answer to the question how zakat is calculated. Normally zakat calculators in PKR are made for this purpose but you can also calculate the amount of zakat by using a manual formula which is “Total Assets – Total Liabilities = net worth for zakat”.
2.5% of net worth is a nisab for Zakat.
What is the Zakat on 1 tola Gold?
Zakat on Gold that you own is 2.5% of the total amount.
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Abu Dawud (1572) narrated from ‘Ali (may Allah be pleased with him) that the Prophet (blessings and peace of Allah be upon him) said: “If you have two hundred dirhams and one full year has passed, then five dirhams are due on them. You do not have to pay anything – i.e. on gold — unless you have twenty dinars; if you have twenty dinars and one full year has passed, then half a dinar is due on them, and if the number increases then work it out on this basis.” (Classed as sahih by al-Albani in Sahih Abi Dawud)
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What are the benefits of Zakat?
Zakat is an act of charity that brings you near to Allah. It helps the poor to survive in their tough time. Zakat not only helps the poor but also brings blessings to those who participate in this kind of act.
Who has the right to take Zakat?
Eight types of people can take zakat which are the poor, needy ones, collectors of Zakat, Covert Muslims, debtors, in the way of Allah, wayfarer, and the cause of slavery.
On which assets zakat is obligatory to pay?
Zakat is not obligated to pay for each asset. There are some assets you have to pay zakat on like livestock, silver and gold, trading assets, cash, and cash equivalents.
Can I have to pay Zakat monthly?
If a person is unable to pay the amount of zakat at one time then many scholars say that you can pay zakat in the form of installments which means every month.
How is Zakat calculated in 2025?
The Zakat Calculator will calculate the amount of zakat payable after the establishing the value of money you have. This calculation is the based on the assets and liabilities. Zakat Calculator will accumulate the Cash, Gold, Silver, Savings, Stocks, Investments, Business Zakat able assets and will deduct Personal Expense, Business Expense and the Money you owe.
How is Zakat calculated with an example?
The Zakat Calculator is working same as the following formula.
((Value of Gold + Value of Silver + Cash at home & Bank + Money owed to you + Savigs accounts (RRSP, Bonds, etc) + Stocks & Shares)
+
(Business Cash in hand + Value of finished goods inventory + Value of Materials + Value of account Receivable))
–
(Personal Expense + Business Expense + Money you owe)
=Total payable Zakat
How much is Zakat ul Fitr per person in Pakistan?
Zakat ul Fitr or Sadeh e Fitr for the year 2025 will be PRK 320 per person.
Zakat ul Fitr will be calculate on the basis of the price of 2 kg Weat Floor price. According to the accouchement, the minimum Sadaqah-e-Fitr will be 320 PKR for the year 2025.
Other than Pakistan calculation will be based on the USD that will be 2.6$ per person.
What is the Zakat amount in Canada?
The Zakat amount will remain the same in parentage that is 2.5% of your net assets.