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Zakat Calculator
Calculate your assets easily with current market rates and fulfill your obligation with confidence.
Frequently Asked Questions (FAQ)Market Rates
Cash and Bank Assets
Enter all cash assets in hand, safes, or bank accounts (EUR, USD, etc.). Savings in salary accounts are included.
Gold and Silver
Enter gold/silver owned for investment or as jewelry. Pay attention to entering the weights in 'Grams'. Jewelry in use is also included in the Nisab calculation.
Gold Assets (In Grams)
Investments
Enter current market value of stocks, funds, crypto, pension funds (principal only), and bonds in your selected base currency.
Trade Goods
Enter the *selling price* (not cost) of goods held for trade. Also add confirmed business receivables.
Liabilities
Enter only debts due immediately or within a year. Long-term installments (like mortgage/car loans) for future years are usually not deducted.
Summary
Your net wealth is below the Nisab threshold.
"Protect your wealth by giving Zakat."
(Hadith - al-Bayhaqi)
Frequently Asked Questions
What is the Nisab Threshold and how is it determined?
If the total value of your assets (EUR, USD, Gold, etc.) exceeds the current market value of 80.18 grams of gold, you are liable for Zakat. You can check the current Nisab threshold in our calculator above.
How is Zakat Calculated?
Our module works based on the Base Currency you select above (Euro, Dollar, etc.). Even if you enter assets in different currencies or gold, the system converts everything to your base currency using real-time cross rates and calculates the total liability.
Which assets are subject to Zakat?
- Gold and Silver: Regardless of form (jewelry, bars, etc.).
- Cash and Foreign Currency: Cash on hand or in bank accounts.
- Trade Goods: Goods intended for sale.
- Investments: Stocks, crypto assets, and other financial instruments.
Gold Zakat Calculation
For gold Zakat, the total weight of your jewelry or investment gold is considered. If the total exceeds 80.18 grams, 2.5% of its current market value is payable.
Our tool converts the gram input into your chosen currency using real-time gold prices and shows the Zakat amount. You can pay this amount in gold or its cash equivalent.
Foreign Currency Zakat (Dollar, Euro, etc.)
Currency savings are directly subject to the 2.5% rate. If you hold multiple currencies, their values are converted to your Base Currency using the day's exchange rate and summed up.
Our system handles all cross-rate conversions automatically, so you don't need to calculate each one individually.
Who can I give Zakat to?
Zakat can be given to the 8 categories mentioned in the Quran (the poor, the needy, debtors, wayfarers, etc.). It cannot be given to parents, spouses, or children, but can be given to needy siblings and relatives.
You can securely deliver your calculated Zakat through Diversity Europe to those in need worldwide, refugees, and victims in crisis zones.
Is this tool reliable and where are rates from?
Yes. Currency rates are sourced from the European Central Bank, and gold prices from international markets. Calculations are performed locally in your browser.
Your financial data is not stored on our servers, ensuring complete privacy.
How Does This Tool Work? (Step by Step)
The system works in 4 simple steps:
1. Input: Enter your gold, currency, or cash amounts into the relevant fields.
2. Update: The system fetches real-time gold and currency rates.
3. Conversion: It converts all assets (e.g., USD, Gold Coins) to your selected Base Currency (e.g., Euro).
4. Result: It deducts debts, checks if you exceed the Nisab threshold, and displays the 2.5% Zakat amount.
Have more questions?
Review our comprehensive guide for answers to all questions regarding Zakat, Nisab, and eligibility.
Review Zakat Guide| Gold and Silver | 0,00 TL |
| Cash and Bank Assets | 0,00 TL |
| Investments | 0,00 TL |
| Trade Goods & Receivables | 0,00 TL |
|
Total Gross Assets: 0,00 TL |
|
| Liabilities to Deduct | - 0,00 TL |
Diversity Europe | diversityeurope.org
This document is for informational purposes and does not constitute official financial advice.
