ICMG WOLLONGONG · ZAKAT

Zakat calculator

Zakat al-mal is 2.5% of the qualifying wealth a Muslim has held above the nisab for a full lunar year. Enter your figures below to work out what is due.

Today's prices

The nisab is the value of a set weight of gold or silver, so it changes with the metal price. The prices below are examples. Enter today's gold and silver price per gram (AUD) for an accurate threshold.

Gold price (AUD / gram)

Silver price (AUD / gram)

NISAB STANDARD

Silver · $979.78 Gold · $11,372.40

Silver sets the lower threshold, so more people reach nisab. Many scholars recommend it when you hold a mix of assets.

Your wealth

Cash and bank

Money in hand and in accounts

Gold

Value of gold you own (jewellery, coins, bars)

Silver

Value of silver you own

Investments and stock

Shares, crypto, funds, business stock for sale

Money owed to you

Loans you expect to be repaid

Deductions

Debts due

Debts and bills due now

Total assets $0.00

Less deductions $0.00

Net qualifying wealth $0.00

Nisab (silver) $979.78

No Zakat due right now

Your net wealth is below the silver nisab. Zakat becomes due once it stays above the nisab for a full lunar year.

This calculator is a guide to help you estimate your Zakat al-mal. It does not track the lunar year (hawl), and which assets qualify can vary by your situation and by scholarly opinion. For anything you are unsure of, please confirm with a qualified scholar.