Gold Factory · Zakat

Zakat Rules

How the calculator works and the choices you make. This calculator is intended for Muslims assessing Zakat al-Mal.

Important: Zakat rules can differ between recognised Islamic schools of jurisprudence, particularly for the Nisab basis and personal-use gold or silver jewellery. Gold Factory does not choose a religious school for you. Select the method you follow, and seek guidance from a qualified scholar or imam if you are unsure.

1. Choose Your Zakat Method

Setting	Option	Explanation
Nisab basis	Silver	Uses the current market value of 612.36g of silver. This is commonly used in the Hanafi school.
Nisab basis	Gold	Uses the current market value of 87.48g of gold. This is commonly used by the other major Sunni schools.
Personal-use gold/silver jewellery	Include	Use this where your religious guidance requires personal-use gold and silver jewellery to be included.
Personal-use gold/silver jewellery	Exclude	Use this where your religious guidance exempts permissible personal-use jewellery.

Hawl: the calculator asks whether the applicable lunar-year (Hawl) condition has been met. If you are unsure, the result advises you to seek qualified religious guidance rather than stating a definitive amount due.

2. Gold and Silver

Enter the weight of gold you own and select its purity: 24ct, 22ct, 21ct, 18ct, 14ct or 9ct, in grams. The calculator values the gold using the current market price and the relevant gold content.

Silver: enter the silver weight and its fineness/purity so the calculator values only the silver content using the current silver market price.

Personal jewellery note: gold and silver jewellery may be treated differently depending on the school of jurisprudence followed. Diamonds, gemstones and platinum held as personal jewellery are not automatically included merely because they are jewellery; items held for trade or resale should instead be considered with business/trade assets.

3. Other Zakatable Assets

Cash held at home and money in bank accounts.
Savings and other cash balances.
Money owed to you that you reasonably expect to be repaid.
Business cash, stock, raw materials and goods held for trade or resale.
The zakatable value of shares, investments or pensions where applicable under the guidance you follow.
Rental income or other qualifying income that remains part of your wealth on the Zakat date.
Property or other assets held for trade or resale, where applicable.
Other zakatable wealth you have been advised to include.

Personal-use assets such as your main home, ordinary household belongings and a personal-use car are generally not entered merely because you own them. Property, investment and pension rules can be more complex, so seek qualified guidance where necessary.

4. Qualifying Liabilities

Enter qualifying debts or outgoings that may properly be deducted under the method you follow, such as amounts currently due or due in the short term.

Do not automatically deduct the full outstanding balance of a long-term mortgage or loan. The amount that may be deducted can depend on the applicable religious guidance and your circumstances.

5. Your Result

Your result shows each of these lines:

Gold & silver value
Other zakatable assets
Gross zakatable assets
Less qualifying liabilities
Net zakatable wealth
Selected Nisab threshold
Nisab status: above Nisab or below Nisab
Estimated Zakat due

If below Nisab: based on the figures entered and the Nisab method selected, your net zakatable wealth is below the selected Nisab threshold, so the calculator shows £0 Zakat due.
If above Nisab and Hawl is confirmed: the calculator applies 2.5% to the net zakatable wealth and shows the estimated Zakat due.
If Hawl is not confirmed: the calculator does not present a definitive religious obligation. It states that the Hawl condition has not been confirmed and recommends qualified religious guidance.

About This Calculator

Zakat is an Islamic obligation for eligible Muslims. This tool is designed to help with calculation, not to issue a fatwa or replace individual religious advice. Different circumstances can change what is zakatable and which deductions are permitted.

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Use current gold and silver prices to estimate your Zakat. No sign-up and no personal account required.