Zakat Calculator Saudi Arabia
Zakat is the third pillar of Islam, representing a mandatory charitable contribution of 2.5% on accumulated wealth. However, calculating exactly what you owe across cash, investments, gold, and silver can quickly become complicated.
Our free online Zakat Calculator simplifies the math. By allowing you to input the current, real-time market prices of gold and silver, this tool accurately determines your Nisab threshold and calculates your exact obligatory contribution in seconds.
Zakat Calculator
Calculate your mandatory 2.5% contribution accurately
Current Gold Price (Per Gram)
Current Silver Price (Per Gram)
How to Use the Zakat Calculator
We have designed this tool to handle the three most common categories of wealth that require calculation. Simply toggle between the tabs above depending on what you need to calculate:
1. Wealth & Money
Use this comprehensive mode to calculate Zakat on your total liquid assets. Enter your cash on hand, bank savings, the current value of your stocks and investments, and money that is owed to you. Be sure to subtract your short-term debts (money you must pay off this year) to get your true Net Eligible Assets.
2. Gold Only
If you are only calculating Zakat on gold you own (such as investment bars or coins), use this tab. Enter the total weight in grams. The calculator will automatically check it against the 85-gram Nisab threshold.
3. Silver Only
Use this tab to calculate Zakat on silver assets. Enter your total weight in grams. The calculator will check it against the 595-gram silver Nisab threshold and calculate the 2.5% owed based on the current silver market price you entered.
Understanding the Nisab Threshold
You are only required to pay Zakat if your total net wealth equals or exceeds a minimum threshold, known as the Nisab.
During the time of Prophet Muhammad (PBUH), the Nisab was set at 20 Mithqals of gold or 200 Dirhams of silver. Today, Islamic scholars translate this standard into modern metric weights:
The Gold Nisab: 85 grams of pure gold.
The Silver Nisab: 595 grams of pure silver.
Because the monetary value of gold and silver changes daily, our calculator allows you to enter the current market price per gram. This ensures your Nisab calculation is 100% accurate on the exact day you decide to pay your Zakat.
Frequently Asked Questions (FAQs) About Zakat
1. What is the standard percentage for Zakat?
For standard liquid wealth, cash, business inventory, and precious metals, the mandatory Zakat rate is 2.5% (or 1/40th) of your total eligible wealth.
2. What is the Hawl?
The Hawl is the Islamic lunar year (approximately 354 days). You are only required to pay Zakat on wealth that you have owned and maintained above the Nisab threshold for one full Hawl.
3. Do I use the Gold or Silver Nisab for cash?
This is a matter of Islamic jurisprudence. Historically, the value of 85g of gold and 595g of silver were roughly equal. Today, silver is much cheaper. Many modern scholars recommend using the Silver Nisab for cash because it is lower, meaning more people will pay Zakat, which benefits the poor. However, using the Gold Nisab is perfectly valid and widely accepted.
4. Do I have to pay Zakat on the house I live in or the car I drive?
No. Zakat is not due on personal items used for basic living, including your primary residence, your personal vehicle, furniture, or clothing. It is only due on wealth that has the potential to grow.
5. Do I pay Zakat on my salary?
You do not pay Zakat on your salary the day you receive it. You only pay Zakat on the portion of your salary that you have saved and held onto for an entire Islamic year (the Hawl).
6. Are 401(k)s, IRAs, and long-term stocks subject to Zakat?
Yes, but the calculation depends on your intent. If you hold stocks for dividend income (long-term investment), you generally only pay Zakat on the dividends earned. If you are actively trading stocks for capital gains, you must pay 2.5% on the total market value of the portfolio on your Zakat anniversary date. (Consult a scholar for complex retirement accounts, as penalties for early withdrawal may alter the calculation).
7. Can I deduct my debts before paying Zakat?
Yes. You should deduct outstanding short-term debts that are due immediately or within the current lunar year. However, long-term debts (like a 30-year mortgage) should not be deducted in full; you may only deduct the upcoming year’s worth of payments.
8. Do I pay Zakat on my wife’s jewelry?
There is a difference of opinion among Islamic scholars regarding gold and silver jewelry intended for personal, everyday use. The Hanafi school requires Zakat on all gold and silver regardless of use, while the Shafi’i, Maliki, and Hanbali schools state that personal use jewelry is exempt. All agree that jewelry bought specifically as an investment or store of wealth is subject to Zakat.
9. Can my standard taxes replace Zakat?
No. Income taxes and property taxes paid to a government fulfill a civic duty, but they do not fulfill your religious obligation of Zakat. Zakat must be calculated separately and distributed to specific categories of eligible recipients outlined in the Quran.
10. What happens if my wealth dips below the Nisab during the year?
If your total wealth drops below the Nisab threshold at any point during your Hawl, your “Zakat clock” resets. You do not start counting a new Hawl until your wealth reaches the Nisab threshold again.