Comprehensive Islamic Wealth Calculator · Multi-Asset · Live Prices
⚠ Personal home & vehicles are not zakatable. Enter only investment/rental properties and the zakatable portion (typically rental income, or full value if held for resale).
Only deduct debts that are immediately due or due within the current lunar year. Long-term mortgages are generally deducted only for the installment due this year.
Which assets are zakatable? Islamic finance principles explained
All cash savings held for one lunar year (hawl) that exceed the Nisab threshold are fully zakatable at 2.5%. This includes savings accounts, fixed deposits, and cash at home.
Gold and silver are zakatable when they meet their own Nisab: 85g gold or 595g silver. The zakatable amount is their full current market value at 2.5%. Personal jewellery rules vary by madhab.
Most contemporary scholars treat crypto held for investment/wealth as zakatable at 2.5% of its current market value. Crypto used for transactions may be treated differently. Consult your scholar.
Shares held for capital gain are zakatable on their current market value. Shares in a business may require a deeper zakatable asset calculation. Dividend stocks: zakat on current value + dividends received.
Personal home is NOT zakatable. Rental income is zakatable. Property held for resale: full value is zakatable. REITs and investment property: zakatable on the investment portion.
Business inventory (goods for sale) is fully zakatable at market value. Business profits and receivables are zakatable. Fixed assets used in production (machinery, buildings) are generally not zakatable.
Personal home, personal vehicles, household furniture, and clothing are NOT zakatable. These are assets for personal use and consumption, not wealth accumulation.
Pension funds accessible to you are generally zakatable on the accessible amount. Funds locked until retirement: scholars differ — some say zakat when received, others say annually. Follow your scholar's guidance.
The Hawl (Lunar Year) Requirement: Zakat is only obligatory on wealth that has been in your possession for one complete Islamic lunar year (approximately 354 days) AND remains above the Nisab at both the beginning and end of that year.
Which Nisab to use? The gold Nisab (85g) generally yields a higher threshold. The silver Nisab (595g) is lower and means more people become liable. Most scholars today recommend the silver standard as it is more inclusive and ensures more Muslims fulfil their obligation.