This free Zakat calculator supports both Hanafi and Shafi'i madhab rulings and covers gold, silver, cash, mutual funds, Gold ETFs, Sovereign Gold Bonds, fixed deposits, stocks, PPF, business assets, and property. Enter your assets below (or add your total portfolio value directly), select your school of thought, and get your exact Zakat amount. Download your results as a CSV report for your records. No login required.
Enter fresh values for each person to avoid carry-over mistakes.
School of Thought (Madhab)
Today's Metal Rates (editable)
24 Feb 2026 indicative
24 Feb 2026 indicative
Today's Nisab (Silver standard)
₹1,58,865
Gold: 85g × ₹16,135 = ₹13,71,475
Silver: 595g × ₹267 = ₹1,58,865
Hanafi: Zakat is due on ALL gold and silver — including jewelry worn for personal adornment (Al-Hidaya).
Zakat on principal. Interest (riba) should be given to charity separately.
Trading stocks held for short-term gains — 100% is zakatable
Dividend / buy-and-hold stocks — only 25% of value is zakatable
Current market value of Gold ETFs and Sovereign Gold Bonds
If you prefer, enter your total investment portfolio value here instead of itemizing above
Majority view: Zakat on rental income, not property value
Only if purchased with intent to resell for profit
Hanafi: Debts due within the year are deducted from zakatable wealth before calculating Zakat.
Zakat Due (2.5%)
₹0
Hanafi: Zakat is due on ALL gold and silver including personal jewelry (Al-Hidaya). Debts due within the year are deducted before calculating Zakat.
Zakat is one of the five pillars of Islam. Every Muslim whose net wealth is at or above the nisab threshold for one full Islamic lunar year (hawl, about 354 days) must give 2.5% of their zakatable wealth to eligible recipients. The word "Zakat" comes from the Arabic root meaning "to purify." Paying Zakat purifies your remaining wealth and helps redistribute resources to those who need them most.
Zakat is not charity (sadaqah). It is an obligation with specific rules about who pays, how much, and who receives it. The Quran identifies eight categories of Zakat recipients in Surah At-Tawbah (9:60): the poor, the needy, Zakat administrators, those whose hearts are to be reconciled, freeing captives, debtors, in the cause of Allah, and travellers in need.
The nisab is the minimum wealth threshold above which Zakat becomes obligatory. It is based on the Prophetic standard of 20 gold dinars (mithqal) or 200 silver dirhams. Converted to modern weight:
| Metal | Weight (majority) | Alternative weight | How it is derived |
|---|---|---|---|
| Gold (24K) | 85 grams | 87.48 grams | 20 mithqal × 4.25g or 4.374g per mithqal |
| Silver (pure) | 595 grams | 612.36 grams | 200 dirham weight converted to grams |
Because silver is far cheaper than gold, the silver-based nisab is much lower. Many scholars and organizations (including Islamic Relief, Muslim Aid, and the Fiqh Council of India) widely recommend using the silver standard so more people can contribute. However, scholars do differ, and many contemporary scholars prefer the gold nisab as a more cautious threshold.
The two most followed schools of Islamic jurisprudence in India differ on several Zakat rules. This calculator supports both. Here is how they compare:
| Rule | Hanafi | Shafi'i |
|---|---|---|
| Personal gold jewelry | Zakatable (Al-Hidaya) | Exempt (Al-Majmu', Imam Nawawi) |
| Debt deduction | Debts due within the year are deducted | No deduction allowed |
| Nisab check timing | Checked at start and end of hawl year | Must remain above nisab throughout the year |
| Zakat rate | 2.5% of net wealth | 2.5% of gross zakatable wealth |
| Trade goods | Zakatable at market value | Zakatable at market value |
In India, the Hanafi school is followed by a majority of Muslims, but Shafi'i is common in Kerala, parts of Tamil Nadu, and coastal Karnataka. If you are unsure which school to follow, consult your local imam or Zakat committee.
Mutual Funds: Use the current NAV (Net Asset Value) as the zakatable amount. For equity mutual funds, some scholars suggest applying Zakat only on 25% of the NAV because the rest is tied up in non-liquid company assets like machinery and buildings. The conservative approach (used in this calculator) applies Zakat on the full market value, which is the safer option.
Stocks and Shares: If you are an active trader and hold stocks for short-term gains, use the full current market value as the zakatable amount. For long-term dividend-focused holdings, scholars differ: some require Zakat on full market value, others only on the liquid portion of the company's assets. Consult your scholar for your specific case.
Gold ETFs and Sovereign Gold Bonds (SGB): Enter the current market value of your Gold ETF units or SGB holdings. Since these instruments track the price of gold, they are zakatable at their current market value (similar to stocks). Physical gold holdings are entered separately in the Gold & Silver section of the calculator.
Fixed Deposits: Zakat is due on the principal of your FD. Any interest earned is riba and should be given to the poor as a separate act of charity, without expecting spiritual reward. This position is held by Darul Ifta Deoband and several Indian Zakat committees.
PPF and EPF: The Public Provident Fund and Employee Provident Fund are locked-in accounts with withdrawal restrictions. Many scholars hold that locked funds are not in your effective possession and therefore not zakatable until you can actually withdraw them. Enter ₹0 in the calculator if you follow this view. Others require annual Zakat on the balance regardless of access restrictions.
National Savings Certificates (NSC) and Sukanya Samriddhi: Similar to PPF: if you cannot withdraw before maturity, many scholars exempt these from Zakat until the maturity date. Add the balance only if your scholar advises annual payment.
Direct portfolio entry: If you track your investments on apps like Groww, Zerodha, or INDmoney, you can enter your total portfolio value directly using the "Total Portfolio Value" field instead of itemizing each investment type above.
Primary residence: Not zakatable. Your home, regardless of value, is for personal use and exempt from Zakat across all schools of thought.
Rental property: The property itself is not zakatable. But rental income you receive and save over the year is added to your zakatable wealth. If you have ₹3,00,000 in rental income saved in your bank account, that amount joins your total zakatable wealth.
Property bought for resale: If you purchased a plot, flat, or building with the intent to sell it at a profit, the current market value of that property is zakatable. This is treated like business inventory (trade goods) in Islamic fiqh.
Agricultural land: Agricultural produce has a separate Zakat (ushr), which ranges from 5% to 10% depending on irrigation method. This calculator does not cover agricultural Zakat.
Gold is one of the primary assets on which Zakat is calculated. In India, where gold ownership is common (especially as jewelry for women), this is a question many families deal with every year.
Hanafi position: ALL gold is zakatable, including bangles, necklaces, earrings, and rings you wear daily. The weight in grams (net gold content based on purity) is multiplied by the current gold rate per gram. If the total value of all your gold (combined with other zakatable assets) exceeds the nisab, 2.5% is due.
Shafi'i position: Gold jewelry that you wear for personal use (not for investment or display) is exempt from Zakat. Gold coins, bars, and jewelry kept in a locker without being worn are zakatable.
Gold purity matters. If your jewelry is 22K (916 hallmark), the gold content is 91.6% of the total weight. For 18K (750), it is 75%. This calculator adjusts automatically when you select the purity.
After your calculation is complete, click the "Download CSV Report" button to save your Zakat breakdown as a spreadsheet-ready CSV file. The report includes every asset you entered, the calculated values (for instance, long-term stocks are shown at both the entered amount and the 25% zakatable value), liabilities, nisab status, and final Zakat due.
This is especially helpful for keeping records for your local Zakat committee, comparing year-over-year calculations, or sharing the breakdown with a family member or scholar for review. Open the CSV in Excel, Google Sheets, or any spreadsheet app.
List all zakatable assets: gold, silver, cash, bank deposits, mutual funds, stocks, business inventory, and rental income. In Hanafi fiqh, deduct liabilities (loans, EMIs, unpaid bills) from the total. If net wealth is at or above the nisab threshold and has remained so for one full Islamic lunar year (hawl), pay 2.5% of the net amount as Zakat.
Nisab is based on 85 grams of gold or 595 grams of silver at current market rates. With gold at approx. ₹8,600/g (24K), the gold nisab is about ₹7,31,000. Silver at approx. ₹267/g puts the silver nisab at about ₹1,58,865. Silver is widely recommended by many scholars and institutions, though scholars differ and many contemporary scholars prefer gold as a more cautious threshold. The calculator lets you switch between silver and gold nisab.
It depends on your school of thought. Hanafi: Yes, Zakat is due on ALL gold and silver, including jewelry worn regularly. This is the position in Al-Hidaya. Shafi'i: No, personal-use gold jewelry is exempt from Zakat. This follows Al-Majmu' by Imam Nawawi. Use the madhab toggle in the calculator above to see the difference.
Yes, Zakat is due on the principal amount of your FDs. The interest earned on FDs is considered riba (prohibited income) and should be given away to the poor separately, without expecting spiritual reward. This is the position of Darul Ifta Deoband and multiple Indian Islamic bodies.
Majority scholarly view: Zakat is due on rental income you received and saved over the year, not on the market value of the property itself. The one exception is property you purchased specifically for resale at a profit. In that case, Zakat is calculated on the current market value of the property.
Both values come from the Prophetic standard of 20 mithqal (gold dinars). The difference is in how scholars convert one mithqal to grams: 4.25g per mithqal gives 85g total, while 4.374g per mithqal gives 87.48g. Both are accepted scholarly positions. The 85g figure is more widely used.
Scholars differ. Since PPF and EPF funds are locked in and cannot be withdrawn before maturity (or only with penalties), many scholars hold that these balances are not zakatable until withdrawal. Others require annual Zakat on the current balance. If you do not intend to withdraw, enter ₹0 in the calculator.
Pick a fixed date in the Islamic (Hijri) calendar, such as 1st Ramadan or 1st Muharram. If your wealth has remained at or above the nisab for one full lunar year from that date, calculate and pay Zakat. Many Indian Muslims pay during Ramadan because good deeds carry extra reward in that month.
Zakat given directly to individuals is not tax-deductible. But if you pay Zakat through a registered charitable organization that has 80G registration, you may claim a tax deduction on the donated amount. Check the organization's 80G status before donating.
Yes, many scholars allow paying Zakat in monthly or quarterly installments, as long as the full amount is paid before or by the Zakat due date (your annual hawl date). Some scholars even allow paying Zakat in advance before the hawl is complete.
This calculator provides estimates based on standard Islamic jurisprudence (fiqh). For your specific situation, consult a qualified Islamic scholar or your local Zakat committee. Calculations are illustrative only.
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