Understand the Nisab threshold, the difference between madhabs, and how to compute Zakat on jewelry and savings gold step by step.
Zakat on gold is due once your holdings exceed the Nisab and a full lunar year (Hawl) has passed. The Nisab is 85g of pure 24K gold, or alternatively 595g of silver (the silver standard is recommended by most contemporary scholars because it is lower and benefits more recipients).
The Hanafi school exempts jewelry that is regularly worn from Zakat, treating only investment gold as zakatable. The Maliki, Shafi'i, and Hanbali schools consider all gold (including worn jewelry) zakatable once the Nisab is met.
Convert all your gold to 24K-equivalent grams (multiply by purity ratio: 21K = 0.875, 18K = 0.75). If the total exceeds 85g, you owe 2.5% of its current market value.
Use the on-site Zakat Calculator to do this instantly with live prices.
85 grams of pure (24K) gold, or 595 grams of silver. Most contemporary scholars recommend the silver Nisab because it is lower and benefits more eligible recipients.
It depends on madhab. The Hanafi school exempts regularly worn jewelry. The Maliki, Shafi'i, and Hanbali schools require Zakat on all gold (worn or stored) once Nisab is met.
2.5% of the current market value of your zakatable gold, paid annually after one lunar year (Hawl) of ownership above Nisab.
Yes, but converted to pure 24K equivalent: multiply 21K weight by 0.875 and 18K weight by 0.75 before summing. If the total in pure gold exceeds 85g, Zakat applies.
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