Zakat is an Islamic obligation of 2.5% on net zakatable assets held for one complete lunar year above the nisab threshold. This calculator totals your cash, gold, silver, business stock, and receivables, deducts immediate debts, and checks whether your net assets exceed nisab — then calculates the Zakat due.
How to use: Enter your current values for each asset category. Use today's gold market price for any gold holdings. Enter only assets you've held continuously for the past lunar year — assets acquired in the last few months should be included only if you've held them through a full hawl (lunar year).
Calculate your annual Zakat obligation. Zakat is payable at 2.5% on net zakatable assets above the nisab threshold held for one lunar year.
Nisab (2026): approximately Rs. 85,000 (gold nisab equivalent). Consult a qualified Islamic scholar for rulings on complex asset types.
Understanding Nisab and Hawl
Nisab (the minimum threshold) is based on the value of 87.48 grams of gold or 612.36 grams of silver — whichever applies in your school of thought. The current gold-based nisab is approximately Rs. 85,000 (verify with current gold prices). Zakat becomes obligatory only when your net zakatable assets have exceeded nisab continuously for one complete lunar year (hawl). For complex asset situations — business ownership, agricultural income, retirement funds — consult a qualified Islamic scholar for the specific ruling.
Frequently Asked Questions
Yes — Pakistan's Zakat and Ushr Ordinance authorises banks to automatically deduct 2.5% from savings account balances on the first of Ramadan each year. To avoid automatic deduction (if you prefer to pay Zakat directly yourself), submit a Zakat Affidavit (CZ-50) at your bank branch before the deduction date each year.
No — owner-occupied residential property and personal use vehicles are not zakatable assets. Zakat applies to liquid wealth (cash, gold, silver), business inventory, and trade goods. Investment property (rented out) is not zakatable for the property itself, but the rental income accumulated as cash is.
There is scholarly disagreement on this. The Hanafi school (majority in Pakistan) holds that all gold — whether worn or stored — is zakatable above nisab. Some other opinions exempt regularly worn personal jewellery. Consult your local scholar for the ruling applicable to your practice.
Yes — paying in monthly instalments is permissible and often more practical. Calculate the total annual Zakat due on your lunar year anniversary date, then divide by 12 and pay monthly. This is common and widely accepted by scholars.