This Zakat calculator helps you work out the Zakat due on your wealth in taka. Enter your zakatable assets, subtract debts that are due now, and compare the result with the nisab based on today’s gold or silver price.
How Zakat is calculated
- Add up zakatable wealth: cash, bank balances, gold, silver, business stock, investments and recoverable money owed to you.
- Subtract debts and dues that are payable now.
- If the net amount is at or above the nisab and has been held for one lunar year, Zakat is 2.5% of it.
What is nisab?
Nisab is the minimum amount of wealth on which Zakat becomes due. It is traditionally set at 52.5 tola/bhori (about 612.36 g) of silver or 7.5 tola/bhori (about 87.48 g) of gold. Because the silver nisab is lower, many scholars recommend it so that more people benefit; others prefer the gold nisab. Precious-metal prices change daily, so enter the current price per bhori — in Bangladesh you can check the rate published by BAJUS or your local market.
Example
If your net zakatable assets are Tk 2,00,000 and silver costs Tk 2,000 per bhori, the silver nisab is Tk 1,05,000. Your wealth is above nisab, so Zakat due is Tk 5,000.
Frequently asked questions
Is Zakat due on the house I live in or my car?
Generally no. Personal-use items such as your home, furniture and car are not zakatable, though opinions differ on some assets such as jewellery in regular use.
Disclaimer: scholars differ on some Zakat rulings. For your specific situation, please consult a qualified Islamic scholar.