Calculate your Zakat in just a few steps – using current gold and silver prices. Further down, we explain which assets count and what to look out for.
Enter the assets you have owned for one lunar year (Hawl). We automatically calculate your Zakat of 2.5%.
The key basics at a glance – so you can calculate your Zakat correctly and with confidence.
Zakat is one of the five pillars of Islam and an obligation for every Muslim who meets the requirements. It amounts to 2.5% of zakatable wealth and purifies one's possessions. In the Quran, Zakat is often mentioned together with prayer.
Zakat is due from every adult Muslim who owns wealth that
Nisab is the minimum threshold above which Zakat becomes due. It corresponds to the value of 80.18 g of gold (24 carat). As the gold price changes constantly, our calculator automatically uses the current rate.
Hawl is the period of one lunar year (approx. 354 days). Zakat only becomes due once your wealth has stayed above the nisab threshold for this period. Many Muslims choose a fixed annual date for this – for example during Ramadan.
Debts that are due may be deducted from your assets.
The Quran (Surah at-Tawbah, 9:60) names eight groups who are entitled to Zakat:
When you donate your Zakat through Nezir Europe, we pass it on to people in need who belong to these groups.
Zakat becomes due as soon as your wealth has been above the nisab threshold for a full lunar year. It should then be paid as promptly as possible. Many Muslims pay their Zakat during Ramadan, as good deeds are especially rewarded in this month.
According to the Hanafi school, yes – gold and silver jewellery is treated like any other gold and silver. Other schools of law consider jewellery worn for personal use to be exempt from Zakat. Our calculator follows the Hanafi view.
Debts that are already due or will fall due shortly may be deducted from zakatable wealth. For long-term loans, such as a mortgage, the widely held view is that only the instalments currently due are deducted.
Shares held for trading are counted at their current market value. For long-term investments, scholars hold different opinions. If in doubt, we recommend using the current market value.
Zakat is an annual levy on wealth. Fitre (Zakat al-Fitr), on the other hand, is a fixed amount per person paid before the end of Ramadan or before the Eid prayer. More about Fitre
Zakat may not be given to parents, grandparents, your own children, grandchildren or your spouse, as you are already responsible for their maintenance. Needy siblings, uncles, aunts or other relatives, however, may receive Zakat.
The Zakat calculator is intended as a guide. For special financial circumstances or individual questions, please consult an imam or scholar you trust – or contact us.
Your Zakat reaches people who urgently need help – quickly, safely and reliably.
