Simplifying your Zakat calculation

Calculating your Zakat isn’t as difficult as you may think. We find that breaking your assets down into different categories makes the Zakat calculation process really simple.

We have broken down the calculation process into Zakatable assets (gold, silver, cash, savings, business assets etc.) and Deductible liabilities (money you owe, other outgoings due) so you can calculate the Zakat you owe easily.

The amount of Zakat you need to pay will be determined once you have calculated the value of your net assets. You then need to see whether your net assets are equal to, or exceed, the Nisab threshold.


Assets & Liabilities

Gold and Silver


Money


Business Assets


Short Term Liabilities



Using the Zakat calculator

Enter all assets that have been in your possession over a lunar year into the Zakat calculator. This will then give you the total amount of Zakat owed.

What is Nisab?

The nisab is the minimum amount of wealth a Muslim must possess before they become eligible to pay Zakat. This amount is often referred to as the nisab threshold.

Gold and silver are the two values used to calculate the nisab threshold. Therefore the nisab is the value of 87.48 grams of gold or 612.36 grams of silver.

Nisab Value (as of 21/03/2023)

Using value of silver (612.36 grams/52.5 tola) – approximately PKR 114,713

Using value of gold (87.48 grams/7.5 tola) – approximately PKR 1,473,000

Visit our Zakat page for an extensive list of Zakat FAQs. You can also watch this YouTube video series where scholars answer Zakat related questions.

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