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Zakat Calculator
Calculate Your Islamic Wealth Tax with Live Gold & Silver Prices
Your inputs are saved in your browser so you can return and edit later. (Turn off to prevent saving. Use private/incognito mode for completely private sessions.)
Which of the following do you have? (Select all that apply)
💵 Cash & Bank Accounts
Cash, savings, chequing accounts, digital wallets
📈 Investments
If your investment can be sold and converted into cash, some or all of it is usually included.
For CAD only: This includes accounts such as TFSAs, non-registered investment accounts, and RESPs. For RESPs, include only your personal contributions, excluding any government grants or incentives.
Cash-like / Short-Term Investments
Investments you can convert to cash (stocks, ETFs, crypto, mutual funds, gold ETFs). Enter the amount you could sell these for today. Estimate if needed.
Long-Term Shares / ETFs / Mutual Funds
If you are holding ETFs or shares as a long-term investment, then Zakat is due on your proportionate ownership of the Zakatable assets of the companies in which you have invested.
Normally this is done by finding out which stocks you own, how many shares you own, and then using the company balance sheets to work out roughly what the Zakatable assets are in each firm.
If it is difficult for you to determine this, simply take 25% or 30% of the current market value of your portfolio as an estimate proxy for the Zakatable assets of the underlying companies.
🏦 Retirement/Tax-Deferred Accounts
If you control the investment OR can withdraw it, it is usually included. If it is locked AND inaccessible, it is usually excluded.
Cash-like / Short-Term Investments
Crypto, trading accounts, ETFs, mutual funds, cash, gold ETF
Long-Term Shares / ETFs / Mutual Funds
For long-term investments, a default adjustment of 30% is used in the calculation. This is an estimate, and users can adjust it if needed.
Retirement accounts are usually pre-tax. When funds are withdrawn, taxes or penalties may apply.
🏢 Property & Fixed Assets
Only property bought to resell or trade. Do NOT include your home or long-term rental property value.
🪙 Gold
⚪ Silver
Jewelry, bars, coins (stones and gems excluded)
💼 Business Assets
Include business cash, inventory, and unpaid invoices you expect to collect
💰 Money Owed to You
Include money you expect to receive back, such as personal loans you are confident will be repaid
What do you owe? (Select all that apply)
💳 Money You Must Repay
Credit card balances, loan payments due within next 12 months. Exclude interest.
📅 Upcoming Payments (Next 12 Months)
Bills and debts due within 12 months (rent, utilities, taxes). For mortgages, include only principal portion due in next year. Exclude interest.
🏢 Business Liabilities
Overdue rent, bills, salaries, business loans