We are working for a brighter world

Zakat Calculator Starting...

Loading current rates

Zakat Calculator

Calculate your assets easily with current market rates and fulfill your obligation with confidence.

Frequently Asked Questions (FAQ)

Market Rates

24K Gold: Loading... Current Data

Cash and Bank Assets

0,00

Gold and Silver

0,00

Gold Assets (In Grams)

Investments

0,00

Trade Goods

0,00

Liabilities

0,00

Summary

Gold & Silver:0,00 TL
Cash & Bank Assets:0,00 TL
Investments (Stocks, Funds):0,00 TL
Trade Goods & Receivables:0,00 TL
Total Gross Assets:0,00 TL
Liabilities to Deduct:- 0,00 TL
Net Wealth Value: 0,00 TL
Nisab Threshold (80.18g Gold)
Lower Limit:0,00 TL
Zakat Not Required

Your net wealth is below the Nisab threshold.

Remaining: 0,00 TL

Frequently Asked Questions

What is the Nisab Threshold and how is it determined?
The Nisab is the minimum amount of wealth required to be considered wealthy in Islam and thus obligated to pay Zakat. It is equivalent to 80.18 grams of gold or its monetary value in your chosen currency. If your wealth exceeds this amount after basic needs and debts, you have reached the Nisab.

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?
Zakat is calculated by deducting your immediate debts from the total value of your cash, gold, and other Zakatable assets. If the remaining net wealth exceeds the Nisab threshold, 2.5% (1/40th) of this amount is given as Zakat.

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?
Zakat is payable on assets that have the potential for growth ("Nema"). The main Zakatable assets are:
  • 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.
Your primary residence, car, and personal household items are exempt from Zakat. Only assets held for savings/growth should be entered.
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
Diversity Europe e.V.
ZAKAT CALCULATION REPORT
Date Created:
01.01.2024
Asset Details
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
Liabilities to Deduct
- 0,00 TL
NET WEALTH VALUE
0,00 TL
NISAB THRESHOLD
0,00 TL
ZAKAT PAYABLE
0,00 TL
Donate Zakat Easily
Scan the QR code to securely donate your calculated amount via Diversity Europe.