Zakat Calculator
Calculate your net Zakat obligations on gold, silver, cash reserves, and commercial inventory by entering your current wealth valuations and valid financial deductions. Instantly compute your exact annual obligation using verified Nisab thresholds and seamlessly channel your contributions to support high-impact educational welfare programs through READ Foundation.
Frequently Asked Questions
Get quick, Shariah-backed answers to your Zakat calculation, Nisab, and asset questions. Learn how your contribution directly transforms children’s lives through education.
What is Zakat and who is required to pay it?
Zakat is an obligatory pillar of Islam required from every adult Muslim of sound mind whose net wealth meets or exceeds the minimum Nisab threshold for one full lunar year. It serves as a spiritual purification of wealth and a systematic means of supporting vulnerable members of society.
What is the Nisab threshold and how is it determined?
Nisab is the minimum benchmark of qualifying wealth a person must possess before Zakat becomes due. It is equivalent to either 87.48 grams (7.5 tola) of gold or 612.36 grams (52.5 tola) of silver. To determine eligibility, your total cash, precious metals, and business stock are evaluated against the current market value of these standard weights.
Which assets are eligible for Zakat calculation?
Zakat applies to wealth categorized as growth assets held across the lunar year. This includes cash in hand or bank accounts, gold, silver, investments, stocks intended for trade, and business inventory. Assets used strictly for personal living, such as your primary home, personal car, furniture, and daily clothing, are entirely exempt.
Is Zakat due immediately when wealth reaches the minimum threshold?
Commercial stock and merchandise intended for sale are evaluated at their current wholesale market value on the date of calculation, rather than their original purchase cost. Raw materials and finished goods are included, while business capital equipment, such as machinery, office furniture, store fixtures, and delivery vehicles are exempt.
How does READ Foundation utilize Zakat contributions?
READ Foundation channels 100% Shariah-compliant Zakat directly into educational welfare projects. Contributions cover school tuition fees, books, uniforms, classroom supplies, and essential learning support for verified orphan and vulnerable students, empowering them toward long-term self-sufficiency.
Can Zakat be given directly to support orphan education?
Yes. Deserving orphan students who lack financial support fall directly under the Quranic categories of Al-Fuqara (the poor) and Al-Masakin (the needy). Utilizing Zakat funds to cover their school tuition, books, uniforms, and educational welfare is fully Shariah-compliant.