Work out the zakat due on your savings in seconds. Zakat is 2.5% of the zakatable wealth you have held for one lunar year — but only once your total passes the nisab threshold.
Zakat is due only if your wealth is at or above the nisab and has been held for one lunar year. To find your nisab: multiply today's gold price per gram by 85 (or silver price/gram by 595 and use the lower value). Educational tool — for rulings consult a qualified scholar.
Zakat purifies wealth at a rate of 2.5% per lunar year (hawl). It applies to your zakatable assets — cash in hand and bank, gold and silver, money owed to you that you expect back, trade inventory, and most liquid investments. Personal items you use (your home, car, clothes) are not zakatable.
Two conditions must both be met: your total must be at or above the nisab, and you must have held that wealth for a full lunar year. If both hold, you owe 2.5% of the total.
| Standard | Amount | How to value |
|---|---|---|
| Gold | 85 grams | gold price/gram × 85 |
| Silver | 595 grams | silver price/gram × 595 |
Most scholars recommend using the silver nisab (usually the lower value) so more wealth is purified and more reaches those in need.
2.5% of zakatable wealth held for one lunar year, if you are at or above the nisab.
Cash, gold, silver, receivables you expect back, trade goods, and most liquid investments. Your home and personal-use items do not count.
The silver nisab (595g) is usually lower, so using it purifies more of your wealth.