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Zakat Calculator

Calculate your annual Zakat obligation based on Islamic principles.

Cash & Bank Balances

Investments & Assets

Liabilities

Total Zakat Due

₹0

Total Assets

₹0

Net Zakatable Wealth

₹0

Understanding Zakat

How Zakat is Calculated

Zakat = (Total Assets - Total Liabilities) × 2.5%

Only applicable if net wealth exceeds Nisab value (approximately 87.48 grams of gold).

What is Zakat?

Zakat is one of the five pillars of Islam, requiring Muslims to give 2.5% of their eligible wealth to those in need annually.

Zakatable Assets

  • Cash and bank balances
  • Gold and silver
  • Stocks and investments
  • Rental property income

Non-Zakatable Assets

  • Primary residence
  • Personal vehicles
  • Household items
  • Personal jewelry in use
  • Tools of trade

Important Notes

  • Zakat is calculated on assets owned for one lunar year
  • Assets must exceed Nisab value
  • Consider consulting an Islamic scholar for specific cases

Frequently Asked Questions

What is Zakat?

Zakat is one of the five pillars of Islam, requiring Muslims to give 2.5% of their eligible wealth to those in need annually.

How do I calculate Zakat?

Follow these steps:

  1. Enter your total assets, liabilities, and income.
  2. Click "Calculate Zakat" to see the results.
Is Zakat tax-deductible?

Yes, Zakat contributions are tax-deductible under Section 80C of the Income Tax Act.

What is the minimum age for Zakat?

The minimum age for Zakat is 18 years.

What is the maximum age for Zakat?

The maximum age for Zakat is 65 years.

What is the Nisab value?

The Nisab value is 87.48 grams of gold.