zakat calculator
Simplify Your Zakat Calculation
Determining your Zakat seems to be a difficult task. However, it isn’t as challenging as you might think of it. All you need to do is categorise your assets and liabilities in a way that makes it convenient for you to calculate Zakat. To make it even more convenient and quick, use our Zakat Calculator to find out how much you need to pay.
AWF Zakat Calculator has simplified the calculation by dividing assets into items to be considered to pay Zakat for (such as gold, silver, cash, savings, and business assets) and deductible liabilities (including debts and other outgoing payments). Using this breakdown, you can easily calculate Zakat.
Once you assess the value of your net assets, you can determine the amount of Zakat owed. It’s crucial to compare your net assets to the nisab threshold to find out whether Zakat is obligatory.
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Zakat Explained: Frequently Asked Questions
The Zakat percentage is 2.5% of your total wealth and assets. You can use our Zakat Calculator to determine how much you need to pay.
You can pay your Zakat to humanitarian causes like various initiatives Al-Wahab Foundation has been working on to provide relief to those in need. All you need to do is use the AWF Zakat Calculator, determine the amount you owe to pay, and proceed by choosing the cause to help the well-deserving.
The general rule is that debts are subtracted from one’s total wealth, and if the remaining amount still exceeds the nisab threshold, zakat is obligatory; otherwise, it is not.
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