Offering Zakat is one of five pillars of Islam. However, the amount of Zakat owed is often the subject of great discussion. So we have put together a very handy Zakat Calculator that will enable you to calculate your Zakat correctly.
Total Assets £0.00
Total Expenses £0.00
If your total assets minus you total liabilities is more than £4562.96* Zakat will be obligatory on you.
*Zakat is obligatory on all Muslims who are in possession of
surplus wealth for a full lunar year, exceeding the monetary value
of 87.48 grams of gold, which currently stands at £4562.96
(last updated 2023-03-20 12:00:35). This value fluctuates slightly
** Gold Price Taken from https://rapidapi.com/user/solutionsbynotnull