Date: 27 May, 2025 / 29 Dhul-Qaʿdah 1446
Gold Nisáb: R167,940.84
Silver Nisáb: R11,760.74
Silver: R19.21/g (R544.47/oz)
Gold: R1,919.76/g (R59,711.34/oz)
Excludes VAT
The United Nations adopted the “Pact for the Future”, acknowledging the important role that culture plays in achieving sustainable development goals. This is a new milestone after the recent recognition of culture at the UNESCO’s MONDIACULT 2022, at the G20, and the G7 ministerial declarations.
Calculating your Zakat isn’t as difficult as you may think. We find that breaking your assets down into different categories makes the Zakat calculation process really simple.
We have broken down the calculation process into Zakatable assets (gold, silver, cash, savings, business assets etc.) and Deductible liabilities (money you owe, other outgoings due) so you can calculate the Zakat you owe easily.
The amount of Zakat you need to pay will be determined once you have calculated the value of your net assets. You then need to see whether your net assets are equal to, or exceed, the Nisab threshold.
Enter all assets that have been in your possession over a lunar year into the Zakat calculator. This will then give you the total amount of Zakat owed.
The nisab is the minimum amount of wealth a Muslim must possess before they become eligible to pay Zakat. This amount is often referred to as the nisab threshold.
Gold and silver are the two values used to calculate the nisab threshold. The nisab is the value of 87.48 grams of gold or 612.36 grams of silver.
Date: 27 May, 2025 / 29 Dhul-Qaʿdah 1446
Gold Nisáb: R167,940.84
Silver Nisáb: R11,760.74
Silver: R19.21/g (R544.47/oz)
Gold: R1,919.76/g (R59,711.34/oz)
Excludes VAT
Zakat is payable at 2.5% of the wealth one possesses above the nisab. Nisab, which is equal to 85 grams of 24k gold, is the minimum amount of wealth one must have before they are liable to pay zakat. *The nisab amount listed is based on the latest available report to us (note: This number may change daily depending on fluctuations in the gold exchange rate).
Zakat is liable on gold, silver, cash, savings, investments, rent income, business merchandise and profits, shares, securities and bonds. Zakat is not paid on wealth used for debt repayment of living expenses such as clothing, food, housing, transportation, education, etc.
Islamic Relief SA follows the practice agreed upon by most scholars, which states that collectors of zakat are one of the eight groups that are eligible to receive zakat. As such, Islamic Relief SA is eligible to use up to 12.5% of donations made to zakat-specific funds for core work, including administrative and operational functions. Finally, an important note: Please consider adding 2% to your total zakat donation when using a credit card—this will compensate for any transaction fees deducted from your donation by the credit card companies.
Important Note: While online Zakat calculators can be helpful tools, they should not be relied upon exclusively. Technical errors, incorrect data input, or differences in interpretation may result in inaccurate calculations. To ensure that your Zakat is calculated correctly and in accordance with Islamic principles, we strongly advise consulting a qualified Islamic scholar (ʿĀlim) or financial expert with knowledge of Zakat. This will help you fulfill your obligation properly and with peace of mind.
Assets include money held in the bank, cash, property, jewellery, or anything else of value. If any of the fields do not apply, you can leave them blank.
Liabilities represent money that is owed to others.
Notes:
* If Zakat is calculated in the Lunar Calendar, Zakat must be paid at the rate of 2.50% on Net Zakatable assets. For the Gregorian or English Calendar, the rate is 2.58% on Net Zakatable assets.
* This is a general guideline. However, for precaution, it is advisable to consult a knowledgeable scholar when calculating Zakat.
Gold: 87.48 grams
Silver: 612.36 grams
Gold Value in BDT: 612,360
Silver Value in BDT: 51,520
Excludes VAT
Zakat is payable at 2.5% of the wealth one possesses above the nisab. Nisab, which is equal to 85 grams of 24k gold, is the minimum amount of wealth one must have before they are liable to pay zakat. *The nisab amount listed is based on the latest available report to us (note: This number may change daily depending on fluctuations in the gold exchange rate).
Zakat is liable on gold, silver, cash, savings, investments, rent income, business merchandise and profits, shares, securities and bonds. Zakat is not paid on wealth used for debt repayment of living expenses such as clothing, food, housing, transportation, education, etc.
Islamic Relief SA follows the practice agreed upon by most scholars, which states that collectors of zakat are one of the eight groups that are eligible to receive zakat. As such, Islamic Relief SA is eligible to use up to 12.5% of donations made to zakat-specific funds for core work, including administrative and operational functions. Finally, an important note: Please consider adding 2% to your total zakat donation when using a credit card—this will compensate for any transaction fees deducted from your donation by the credit card companies.