Zakat Calculator: Cash, Gold and Savings
Add what you own, take off what you owe, and see whether you reach the nisab and how much zakat you would pay.
What we noticed
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How this calculator works
Zakat is 2.5% of your zakatable wealth if it reaches the nisab and you have held it for one full lunar year. The nisab is the value of 85 grams of gold, so it moves with the gold price. Enter today's price for one gram.
We add your cash, gold, silver, investments and money owed to you, then take off debts you must pay soon. If the total is at or above the nisab, zakat is 2.5% of it.
This is a guide, not a religious ruling. Scholars differ on some points, such as jewellery you wear and which debts to deduct, so ask a scholar if you are unsure.
Zakat basics (UAE Awqaf)
| Rate | 2.5% (one quarter of one tenth) |
|---|---|
| Gold nisab | 85 grams |
| Silver nisab | 595 grams |
| Cash and trade goods | Nisab equals the value of 85 grams of gold |
| Held for | One full lunar (Hijri) year |
Sources: UAE Awqaf: zakat calculation
Frequently asked questions
What is the nisab for zakat?
It is the smallest amount of wealth on which zakat is due. For cash and savings it equals the value of 85 grams of gold. For gold itself it is 85 grams, and for silver 595 grams.
How much zakat do I pay on savings?
2.5% of your zakatable wealth, if it is at or above the nisab and you have held it for one lunar year.
Do I pay zakat on gold jewellery?
Scholars differ on jewellery that is worn for personal use. Gold held as savings or investment counts. Ask a scholar about your own jewellery.
Do debts reduce my zakat?
Many scholars say debts you must pay soon can be taken off your wealth first. Scholars differ on the details, so ask yours if your debts are large.
Which gold price should I use?
Use the price of one gram of gold on the day you work out your zakat. UAE Awqaf publishes the nisab value each day on its zakat calculator.