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Zakat Calculator
Complete the simple form below to quickly calculate your zakat payment
The nisaab for cash money is pegged to the min amount in silver, You must pay zakat on any cash savings on or above the amount of £361.29 providing you have held it for 1 lunar year.
Gold Nisab
£4458.86 Based on the gold price of £50.97 per gram
Silver Nisab
£349.05 Based on the gold price of £0.57 per gram
The nisab is the minimum value of wealth one must possess in order to pay Zakat. It is defined as the value of 87.5g of pure gold or 625g silver. Most scholars favour the lower value (Silver) as it means that more people can pay Zakat and therefore there are more beneficiaries.
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