Zakat calculator calculates the amount to pay for Zakat for individuals.
Zakat Calculator Tips
Zakat or alms giving, is one of the five pillars in Islam and is a fixed proportion collected from the surplus wealth and earning of a Muslim.
It is obligatory upon any individual Muslim or organization that has completed the condition of Zakat or requirements based on:
- Nisab (The minimum amount of wealth is equivalent to 85g of market value of gold)
- Hawl (The minimum period of wealth retention is 1 lunar year)
The payment is 2.5% out of the total wealth deemed for Zakat.
For gold, it excludes women’s jewelry that is worn for adornment.