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Zakat Calculator
Work out your zakat in under a minute. Enter what you own, deduct debts due now, and we apply the 85g gold nisab and the 2.5% rate. Everything stays in your browser — nothing is uploaded.
Educational estimate, not a fatwa or tax advice. This assumes the gold nisab and that a full lunar year (hawl) has passed on this wealth. Silver nisab (595g) yields a lower threshold — some scholars prefer it as more cautious. Rules on retirement accounts, investment property, and long-term debts differ by school; confirm specifics with your scholar.
Stop re-typing your portfolio every year
The Penny app calculates zakat directly from the portfolio you already track — live gold nisab, per-asset-class breakdown — and screens your stocks for halal compliance while it's at it.
Download Penny for iOSHow this calculator works
Zakat applies to wealth you have held for a full lunar year (hawl) above the nisab threshold. We use the gold nisab — 85 grams of gold at the price you set above — which is the threshold most commonly used for mixed modern wealth. The rate is 2.5% of your net zakatable wealth: liquid and investable assets, minus debts that are due now.
Cash, gold and silver, stocks, ETFs, crypto, and business inventory are zakatable. Your primary home, car, and personal belongings are not. Retirement accounts and investment property carry differing scholarly positions — the calculator leaves them to your judgment, and the FAQ below summarizes the main views.
Zakat FAQ
How is zakat calculated?
Add up your zakatable wealth (cash, gold and silver, stocks and funds, crypto, business inventory), subtract debts due now, and if the result meets the nisab threshold and you have held it for a lunar year (hawl), you owe 2.5% of it.
What is nisab and how much is it?
Nisab is the minimum wealth at which zakat becomes due: 85 grams of gold or 595 grams of silver, valued at today's price. At $2,800 per troy ounce of gold, the gold nisab is roughly $7,650 — it moves with the gold price.
Do I pay zakat on stocks and ETFs?
Yes — most contemporary scholars require zakat on stock investments. Traders commonly pay 2.5% on full market value; long-term investors follow differing positions on using market value or the company's zakatable (liquid) assets. When in doubt, paying on market value is the more cautious approach.
Do I pay zakat on my 401(k) or IRA?
Positions differ. Some scholars require annual zakat on the accessible balance (after penalties and tax), others only when funds become accessible. Ask your scholar — and either way, track the balance so the number is ready.
When do I pay zakat?
Zakat is due after your wealth has stayed at or above nisab for one full lunar year (hawl). Many people fix their zakat date in Ramadan for the extra reward and simplicity, but any consistent lunar-year anniversary is valid.
This tool is educational and is not a fatwa, tax, or investment advice. Last updated August 2026. Questions? Contact us.