UAE Zakat Calculator

Who Needs a Zakat Calculator?

Zakat is an obligation upon every Muslim whose total wealth exceeds the nisab threshold for a full lunar year. This includes a wide range of people — from salaried professionals with cash savings in the bank to entrepreneurs holding business inventory and trade goods. If you own gold jewelry, silver, stocks, mutual funds, or cryptocurrency, a dedicated zakat calculator ensures you account for every category of zakatable wealth without error.

Many Muslims in the UAE hold diversified assets across multiple categories: a combination of cash in savings accounts, gold jewelry, investment funds, retirement accounts, and in some cases rental income from property. Manually calculating zakat across all these categories — while applying the correct debt deductions for mortgages, student loans, and credit card balances — is both complex and error-prone. Our zakat calculator automates this process by evaluating each asset class independently, applying the appropriate rules from your chosen school of thought, and arriving at a single payable zakat amount in AED or your preferred local currency.

New Muslims, first-time zakat payers, and those who have recently come into surplus wealth will find this tool especially valuable. Rather than navigating the nuances of gold nisab versus silver nisab, or debating whether retirement accounts like 401(k)s and IRAs count as zakatable assets, the calculator walks you through each step with clarity. It also serves as a reliable starting point before consulting a scholar for personalised guidance — particularly for complex cases involving business assets, debts, or mixed investment portfolios.

Categories of Zakatable Wealth

Islamic scholars across the Hanafi, Maliki, Shafi'i, and Hanbali schools agree on the major categories of wealth subject to zakaah. Cash and bank savings are the most straightforward — any amount held in checking, savings, or fixed-deposit accounts counts toward your total wealth. This includes money held in foreign currencies, which should be converted to your local currency at the current exchange rate for an accurate calculation.

Gold and silver have been central to zakat since the time of the Prophet (peace be upon him). The gold nisab of 87.48 grams and the silver nisab of 612.36 grams serve as the two benchmarks. Whether you own fine jewelry, bullion bars, coins, or gold held in bank vaults, all of it forms part of your zakatable assets. The treatment of personal-use jewelry differs between schools of thought — the Hanafi school requires zakat on all gold and silver jewelry, while other legal schools may exempt daily-wear pieces.

Stocks, shares, and investment funds are classified as zakatable wealth by many scholars today. The net asset value of your portfolio — after subtracting any margin debt — determines the zakatable amount. Similarly, sukuk and Islamic bonds are subject to the standard zakat rate. Business inventory and trade goods held for sale are valued at current market price, with fixed assets like equipment and your primary home excluded from the calculation. Cryptocurrency, though a newer asset class, is increasingly treated as zakatable surplus wealth by contemporary scholars, given its liquidity and store of value.

For assets like rental income, the treatment varies. Rental income that accumulates as cash savings becomes part of your total wealth. The property itself, if held as a long-term investment and not for resale, is generally not subject to zakat. In all cases, immediate debts — including credit card balances, personal loans, and mortgage repayments due within the year — may be deducted before determining whether your net assets exceed the nisab threshold.