Explore our collection of 150+ developer tools, PDF editors, and image converters. Everything runs locally in your browser.
Ubify Financial Advisory Board
FINANCIAL ANALYSTS & CPA REVIEWERS
About This Tool
Zakat is an obligatory 2.5% wealth purification payment required from adult Muslims whose qualifying net assets equal or exceed the Nisab threshold over a lunar year. This calculator provides a straightforward accounting framework covering cash, gold, silver, and trade inventory, subtracting short-term deductible liabilities.
The calculator compares your net wealth against the classical silver Nisab standard (the market value of 612.36 grams or 52.5 tolas of silver). If your net wealth meets or exceeds this threshold, your Zakat liability equals 2.5% (one-fortieth) of your qualifying balance.
### A Real Example Using default inputs: - Liquid Cash: 500,000 - Gold: 20 grams at 23,000/g = 460,000 - Silver: 100 grams at 280/g = 28,000 - Business Assets: 200,000 - Outstanding Debts: 50,000
Total Net Wealth: (500,000 + 460,000 + 28,000 + 200,000) - 50,000 = 1,138,000. Silver Nisab Threshold: 612.36 g * 280 = 171,460.80. Because 1,138,000 exceeds 171,461, Zakat is payable: 1,138,000 * 0.025 = 28,450.
### How Your Data Is Processed All asset summations, nisab comparisons, and percentage calculations occur 100% client-side in your web browser. Your private financial assets, gold holdings, bank balances, and debts are calculated strictly in device memory and never transmitted to remote servers.
How to Use
- 1
Enter your cash on hand and in bank accounts.
- 2
Input your gold and silver weights in grams alongside local price per gram.
- 3
Add any business inventory value and subtract short-term deductible debts.
- 4
Review the calculated Nisab threshold and resulting 2.5% Zakat payable amount.
Frequently Asked Questions
What is the silver Nisab threshold standard?
The classical silver Nisab is equivalent to 52.5 tolas or 612.36 grams of pure silver. If your net zakatable wealth reaches this value, Zakat becomes due.
What is the percentage rate for Zakat on wealth?
The statutory rate on zakatable liquid wealth, precious metals, and commercial inventory is 2.5% (1/40th) per lunar year.
Are my private financial balances sent to an external server?
No. All accounting formulas evaluate strictly in your local browser runtime without network storage.