Zakat is ONLY due on the amount that you have had for a year!    

If you have no value to enter then leave the default "0.00"

Enter your Cash Assets (Cash Kept at Bank, home, etc.)
Enter your Gold Assets (Please enter the value and Not the weight)
Enter your Silver Assets (Please enter the value and Not the weight)
Enter Credits (Money you have given to others as loan)
Enter Rental Income earned by you (If any)

Enter the value of Shares/Stocks/Bonds at current Market prices

Enter the value of Dividends received this year

Enter the Value of Business Stock (at hand paid for) at current Market prices

Enter the Value of Business Stock (in transit paid for) at current Market prices

Enter any other income (Provident Funds etc.)

 

 

Your Total Assets:

 
Enter Loans (Money you have taken as loan)

Your Loans are subtracted from Your Total Assets to give your Net Balance

 

This is Your Net Balance:
 
Enter the Current Market Price of Gold Per Gram

This value is multiplied by 87.48 (Grams) to give you Gold Nisaab

 
Enter the Current Price of Silver  Per Gram

This value is multiplied by 612.36(Grams) to give you Silver Nisaab

 

Nisaab for Gold:
Nisaab for Silver:

If your Net Balance is equal to or greater then either the Nisaab for Gold or Silver and you had this for whole 12 lunar months then Zakaat is due.

Zakat is ONLY due on the amount that you have had for a year!

PLEASE BEAR IN MIND THAT THERE IS A HUGE DIFFERENCE BETWEEN THE GOLD & SILVER NISAAB WITH SILVER NISAAB BEING MUCH MUCH LOWER! ZAKAAT IS DUE IF YOU EXCEED THE LOWEST ONE OF EITHER OF THE TWO!

 

 

 

Amount of Zakaat To Pay (2.5% of Total Amount)