Automated Zakat Calculator
Instant, Shariah-compliant calculation for GCC expats & professionals. Calculates your exact 2.5% obligation across QAR, AED, SAR, KWD, and USD.
Zakat on Cash & Bank Savings
Liquid wealth & Nisab threshold calculator
QAR 26,367.00
Zakat Obligation on Cash (2.5%)
QAR 1,125.00
Net Zakatable Cash: QAR 45,000.00
Your net liquid cash of QAR 45,000.00 exceeds the Nisab threshold (QAR 26,367.00). If held for one full lunar Hawl, pay QAR 1,125.00 to eligible recipients.
Scope of This Calculator & Juristic Assumptions
- Liquid Cash & Bank Accounts Only: This calculator computes Zakat strictly on bank accounts (current, savings, fixed deposits) and physical cash.
- Excluded Assets: Shares, ETF funds, business merchandise, real estate, and uncollected personal loans are deliberately excluded. Under contemporary standards (e.g. AAOIFI Standard 35), long-term equity investments are zakatable only on underlying liquid assets rather than 100% market value. Consult a qualified scholar for non-cash portfolios.
- Liability Deductions: Only liabilities immediately due (current bills, due rent, credit card balance) are deducted. Long-term debts (e.g. future mortgage principal) are not deducted here.
- Nisab Rates: Calculated against reference metal benchmarks. Check current local spot gold prices (24k) before making payments.
Frequently Asked Questions on Zakat
Should I use Gold or Silver Nisab?
Most classical and contemporary scholars recommend the Gold Nisab standard (85g) for paper currency and bank balances, as gold has retained consistent purchasing power. If you wish to be more generous to the poor, the Silver standard (595g) sets a lower threshold.
Do I pay Zakat on money sent home to family?
Money transferred to support dependent family members is living expenditure and is exempt from Zakat once spent. However, liquid funds remaining in your bank accounts at your annual Zakat date are subject to Zakat if above Nisab.