Nisab threshold value: $

You are eligible to pay zakat

You are not eligible to pay zakat

Net zakat value: $Not calculated yet is below threshold

Gold Zakat Calculator

Our zakat calculator on gold makes it easy for you to determine what you should pay based on the nisab value of gold (87.48 grams).

Zakat is one of the five pillars of Islam that requires Muslims to pay a portion of their wealth to the poor and needy. All Muslims are obligated to pay zakat if their wealth exceeds the nisab threshold within a lunar year.

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How to Use Our Zakat Gold Calculator

The Holy Quran states that zakat is a sacred pillar of Islam and a way for Muslims to show their love for Allah while also assisting those in dire need.

To work out how much zakat to give on the gold you own, start by researching the market value of gold per gram to determine the nisab threshold. Then, add in the weight of the 24-carat, 22-carat, and 18-carat gold you own. You’ll also need to add the weight of all silver you own and the market price per gram.

Did you know?

More than 6 million people in 26 countries have benefitted from zakat and sadaqah since 2017 through the United Nations Refugee Agency’s Refugee Zakat Fund alone. This showcases the resounding impact your zakat can have on the poor and needy.

(Source: Islamic Philanthropy Report 2023).

What is the nisab?

It’s worth elaborating on the nisab to provide context as to who is eligible to pay zakat during special times of the year like Ramadan.

The nisab threshold is the amount of wealth Muslims have before being obligated to pay zakat. Anyone who possesses more than the nisab for a full lunar year must give up 2.5% of that excess to the poor, based on zakat rules.

The market value of the amount of gold shown below will determine the nisab amount owed: 87.48 grams of gold

Calculating the current nisab value depends on the market value of gold. Our zakat on gold calculator will require you to add the current market price per gram of gold to easily calculate the value of the zakat you owe.

Frequently Asked Questions

How is my zakat on gold calculated?

Use our gold zakat calculator to quickly determine how much zakat you owe on gold! Research the current market value of gold per gram to determine how much the value of your gold equates to (this will include gold bars, coins, jewelry, and digital gold).

Then, add the weight of all the silver you own and the market price per gram. Our zakat gold calculator will then calculate the value of 2.5% off your gold and silver to determine the amount of zakat you are obligated to pay.

How much is the nisab in U.S. dollars?

The nisab threshold is based on the current market value of 87.48 grams of gold. The nisab amount in U.S. dollars will vary, as the market value of gold fluctuates throughout the year.

When is zakat on gold due?

If your gold is held for one lunar year and exceeds the threshold of value, then zakat is due. If the gold and silver you own does not exceed the nisab threshold value, you may not need to pay zakat on gold.

How can I donate my zakat on gold?

You can donate your zakat on gold to an organization that assists the poor and needy, like a nonprofit organization, or give it to your mosque

What is excluded from zakat on gold?

Gold used for medical prosthetics and implants do not form part of your gold zakat.