Smart Money

Zakat Calculator

Calculate your Zakat for 2026 — savings, gold, FD, stocks & business assets

By · Data reviewed: August 2026

* This calculator is for educational purposes only and does not constitute financial advice.

Zakat is one of the Five Pillars of Islam — an obligatory annual payment of 2.5% on eligible assets above the Nisab threshold. This calculator helps Indian Muslims determine their Zakat obligation by entering assets in INR, including savings accounts, Fixed Deposits (FD), gold jewelry, mutual funds, and business stock. Results are estimates for educational purposes; consult a qualified Islamic scholar for your specific situation.

Gold jewelry is one of the most common zakatable assets in Indian Muslim households. Gold Nisab is set at 85 grams of pure gold, and Silver Nisab at 595 grams of pure silver. The threshold in ₹ is calculated from the current gold or silver price each time you use the calculator. If your gold jewelry, coins, or bars exceed this threshold and have been held for one full lunar year, Zakat is due at 2.5% of the total value.

Fixed Deposits (FDs) in Indian banks are subject to Zakat on the principal balance. Stocks, mutual funds (equity and debt), and business inventory are all zakatable at their current market value. For small business owners, trade goods and stock-in-hand should be valued at cost or market price (whichever is lower). Rental income from property is zakatable, though the property itself is not.

The Nisab threshold determines whether Zakat is obligatory. In India, the Gold Nisab (85g of gold) is the most commonly used standard, and its value in ₹ is calculated from the current gold price each time you use the calculator. If your total zakatable assets — savings, FD, gold, stocks, mutual funds, business inventory — exceed this amount after deducting debts, you must pay 2.5% as Zakat. The Silver Nisab (595g of silver) is lower in value and makes more people eligible.

Zakat and Sadaqah both involve giving, but Zakat is fard (obligatory) while Sadaqah is voluntary. Every Muslim whose wealth exceeds the Nisab for one complete lunar year (Haul) must pay Zakat. The eight categories of Zakat recipients are defined in the Quran. Sadaqah can be given in any amount to anyone at any time.

To use this calculator, enter your assets in each category — cash at home, bank/FD balance, gold and silver values, stock portfolio, mutual funds, business inventory, and rental income. Subtract outstanding debts, select your Nisab type (Gold or Silver), and the calculator instantly shows your total zakatable assets and the exact Zakat amount due in ₹.

📊 How does this compare to a Nifty 50?

Popular Scenarios

Frequently Asked Questions

Is Zakat obligatory on gold jewelry?

Yes, most scholars agree that gold jewelry is subject to Zakat if its total value exceeds the Nisab threshold (85g of gold) and has been held for one full lunar year. This includes mangalsutra, bangles, chains, and all other gold items.

Do I pay Zakat on my entire savings or just the profit?

Zakat is due on your entire savings balance, including Fixed Deposits (FD) — not just the interest earned. If your total zakatable assets exceed the Nisab threshold after one full lunar year, you pay 2.5% on the full amount.

What is the difference between Gold Nisab and Silver Nisab?

Gold Nisab is 85 grams of pure gold. Silver Nisab is 595 grams of pure silver. The threshold in ₹ is calculated from the current gold or silver price each time you use the calculator. Silver Nisab is much lower in value, making more people eligible for Zakat. Most scholars recommend using Gold Nisab.

Can I pay Zakat in installments throughout the year?

Yes, many scholars permit paying Zakat in installments. Some Indian Muslims pay monthly to Zakat-collecting organizations. Calculate your total obligation at the start of your Zakat year and distribute payments accordingly.

Is Zakat due on money in a pension or retirement fund?

If you can access the funds (like EPF after leaving a job), Zakat is generally due. If it's locked (like NPS before maturity), many scholars say Zakat isn't due until withdrawal. Consult a scholar for your specific case.

Do I deduct my mortgage from Zakatable assets?

Most scholars say you can only deduct debts due within the current lunar year — like annual EMI payments — not the full remaining home loan balance.

Is Zakat due on Fixed Deposits (FD) in Indian banks?

Yes, Zakat is due on the principal balance of your Fixed Deposits. The full FD amount (not just interest) is zakatable if it has been held for one lunar year and your total assets exceed the Nisab.

How is the Nisab amount in Indian Rupees calculated?

Nisab is a weight, not a fixed rupee amount: 85 grams of gold or 595 grams of silver. To get the threshold in ₹, that weight is multiplied by the current gold or silver price, so the rupee figure moves with the market every day. The calculator does this from the live price each time you use it.

How does this compare to a SIP?

Compare your results to investing in a Nifty 50 at ~12% annually. Use this as a baseline to evaluate your investment decision.

See how compound interest grows your wealth over time with the Compound Interest Calculator

📊 Data source: Standard financial models. Prices and data in this article are reviewed and updated semi-annually. Last update: September 2026.

🕌 Zakat Calculator 2026: How Much Do You Owe?

Embed this calculator on your site

📊 Financial Planning

Created by Amiel Riss | SmartMoney77

Who Is This Calculator For?

Muslims calculating annual Zakat

You want to fulfil your Zakat obligation accurately. This calculator covers all zakatable asset classes — cash, gold, silver, stocks, business inventory, and rental income — with real-time Nisab thresholds based on current gold and silver prices.

First-time Zakat payers

You've reached the Nisab threshold for the first time and aren't sure how to calculate. This calculator walks you through each asset category, handles deductions, and shows whether your net wealth requires Zakat — and exactly how much.

People managing complex portfolios

You have assets across multiple categories — cash, investments, gold, and business inventory. This calculator aggregates everything, applies the correct deductions, and gives you one clear Zakat amount at 2.5%.

Related Tools