Calculate and pay your zakat using the latest Nisab value
Using value of silver (612.36 grams) – approximately £224.61
Using value of gold (87.48 grams) – approximately £2,828.75
If you need to speak to an expert about your Zakat obligations, please do not hesitate to call us on 03000 121 121 and we will connect you to the right people to make giving your Zakat easy.
Zakat is one of the five pillars of Islam. Zakat is a means of purifying our wealth by giving a part of it to help those in need.
Allah (S) tells us in the Quran that Zakat should go to:
- The poor
- The destitute
- New Muslims facing hardship
- To free slaves
- Those who are unable to pay their debt
- In the path of Allah (S)
- Travellers who cannot afford to return home
All Muslim adults who are sane and possess the nisab (a minimum amount of wealth held for a year) should pay Zakat.
Nisab can be determined in terms of gold or silver – please see the Zakat calculator for details.
Although there are no specific guidelines in the Holy Qur’an on exact percentages to be given, the customary practice is to give 2.5% on your capital assets.
You don’t have to do lots of complicated maths to work out your Zakat payment, simply use our handy online calculator.
Assets included in the Zakat calculation are cash, shares, pensions, gold and silver, business goods and income from investment property.
Wealth fluctuates throughout the year and can go above and below the nisab. Zakat is only due if your wealth is in excess of the nisab at the end of a Zakat year.
Yes. Zakat can be paid monthly by setting up a regular monthly payment, such as a direct debit for our orphan sponsorship scheme.
If Zakat has not been paid in previous years, then you must make all attempts to calculate the amount and pay this.