How to Calculate Zakat Step by Step: Cash, Gold and Savings

Choose one lunar-calendar date each year, for example the first of Ramadan, and calculate everything you hold on that date. Zakat is due only if your net zakatable wealth has been at or above the Nisab for a full lunar year. The Nisab is 87.48 grams of gold or 612.36 grams of silver in value.

Use the current local price of gold or silver to find the figure in rupees. The Nisab Calculator does the conversion. Which of the two you use for cash and savings is a point on which scholars differ, so follow the guidance of your own scholar or institution.

Typical zakatable assets are cash in hand and in bank accounts, gold and silver, business stock held for sale, money owed to you that you expect to receive, and the value of investments held to trade or earn. A home you live in, a car for personal use, clothes and household items are not zakatable. See what is Zakat for the wider rules.

Gold needs special mention. Many families hold jewellery, and scholars differ on whether jewellery worn regularly is zakatable. If you follow the view that it is, use the Gold Zakat Calculator. Savings in accounts go into the Cash Zakat Calculator.

Subtract debts that are due now, such as unpaid bills or instalments currently payable. If what remains is at or above the Nisab, your Zakat is 2.5% of it. For example, ₹8,00,000 of net zakatable wealth gives ₹20,000.

Pay Zakat to eligible recipients, directly or through a trusted organisation, and keep a record. The Zakat Calculator brings all asset types together in one place so nothing is missed.