How to use the Zakat Calculator
- 1 Enter the gold and silver you own in tola, with today's rate per tola.
- 2 Enter your cash, bank balance and savings.
- 3 Enter business stock held for sale and money owed to you that you expect to receive.
- 4 Subtract debts due now, then read your zakat.
Worked example
2 tola of gold at Rs 425,636, Rs 300,000 in cash and Rs 50,000 of debts due. Gold is worth Rs 851,272, so zakatable wealth is Rs 1,101,272. That is above the silver nisab of Rs 307,335 (52.5 × Rs 5,854), so zakat at 2.5% is Rs 27,532.
Features
Nisab check
Uses 52.5 tola of silver, the nisab most Pakistani scholars recommend because it is lower.
All main assets
Gold, silver, cash, bank balances, business stock and receivables.
Debts deducted
Debts that are due now reduce zakatable wealth.
Today's rates
Enter the Sarafa rate for gold and silver from the day you calculate.
When to use it
Ramadan
Most people in Pakistan pay zakat in Ramadan; calculate it on your zakat date.
Gold jewellery
Work out zakat on household jewellery.
Shopkeepers
Include stock in trade at its sale value.
Bank deduction
Check whether you need to pay more or less than the bank deducts on 1 Ramadan.
Frequently asked questions
What is the nisab?
The minimum wealth on which zakat is due: 7.5 tola (87.48 g) of gold or 52.5 tola (612.36 g) of silver. When you hold mixed assets, the silver nisab is used, which is lower.
What is the zakat rate?
2.5% of zakatable wealth held for one lunar year above the nisab.
Is zakat due on household jewellery?
According to the Hanafi school, followed by most people in Pakistan, zakat is due on gold and silver jewellery whether worn or not. Other schools differ, so ask a scholar if unsure.
Is zakat due on my house or car?
No. Zakat is not due on the home you live in, your personal car, household goods or tools used for work. A plot bought for resale is zakatable at its market value.
Do banks deduct zakat?
Banks deduct 2.5% from savings accounts on the first of Ramadan if the balance is above the nisab announced by the government. You can submit a declaration to stop the deduction and pay it yourself.
Which debts can I subtract?
Debts that are payable now, such as unpaid bills, loans due and the current instalments of long-term loans. Future instalments are not deducted under most opinions.
Is zakat due on provident fund?
Most scholars say zakat is not due on provident fund money until you receive it, because you do not own it fully before then.
When should I calculate zakat?
On the same lunar date each year, your zakat anniversary, which is the date your wealth first reached the nisab. Many people choose 1 Ramadan for convenience.
Results are estimates based on the official rates linked above. Confirm important figures with the issuing authority or a qualified adviser before you act on them.
Reviewed by ToolsUnlocked Team · Last updated