Calculate yourZakat

In order to calculate Zakat, your wealth exceeding the Nisab threshold is taken into consideration; your Zakat will equate to 2.5% of this. This wealth covers loans, debts, shares, stocks, investments, silver, gold, and savings. The home in which you live and the monthly costs of such won’t be included, nor will the car that you drive. However, additional vehicles and properties will be counted within this.

In order to calculate your Zakat, you can use our Zakat calculator for 2022 so that you can guarantee that your donation is correct. Contribute your Zakat with Orphans in Need today.

The Nisab threshold is the minimum amount of wealth you must hold to be considered eligible for Zakat and is calculated on the current price of silver to the weight of 612.36 grams and gold to the weight of 87.48 grams.

As the value of silver and gold fluctuates daily, the Nisab threshold value for Zakat also changes regularly. Current prices for gold and silver are available from your local jewellers or official gold bullion seller.

It’s most common to use the silver Nisab threshold to calculate your Zakat as this provides the greatest amount of help to communities living in poverty or without food. Your local imam or scholar will advise whether you should use the Nisab value for gold or silver.

Zakat translates to “that which purifies” and is among the Five Pillars of Islam. Not only is this donation designed to aid those in need, but also purify your wealth.

The Prophet Muhammad (PBUH) was responsible for administering the rules surrounding Zakat. These rules include who is eligible for Zakat and how much Zakat needs to be paid. Despite various interpretations, the standard structure is as follows:

Those eligible to receive Zakat are defined as;

– Fakir, the poor

– Miskin, the hungry

– Amil, those who distribute Zakat

– Riqab, those living in slavery

– Gharmin, those living in unmanageable debt

– Fisabilillah, those who fight in Allah’s SWT name

– Ibnus Sabil, stranded travellers who are without support

– Muallaf, new joiners of the faith or friends of the Muslim community

The Zakat you pay will depend on how much excess wealth you have minus your responsibilities.

Zakat is paid after excess wealth has been held for a full Hawl (Islamic year).

Zakat is calculated as 2.5% of wealth outside of our daily means.

The support of destitute orphans and widows is a cause for which Zakat is applicable and highly recommended. £360 will support an orphan child for an entire year. This will provide them with shelter, food, clothing, medical care and an education. However much your Zakat is calculated to, it can make a huge difference to the lives of helpless orphans.

If you have any questions regarding Zakat or need any help in calculating how much you need to give, call our team on 0207 100 8866 and we’ll be more than happy to help.

There is no set date in which you must donate your Zakat – your timeframe will be dependent on the time in which your wealth crossed the Nisab threshold. Once a full Hawl has finished, your Zakat year will commence.

In the instance that a full Hawl has finished, you can make a payment during Ramadan, whilst ensuring that no later responsibilities will be hindered by a premature payment.

No. Buildings of any kind aren’t deemed acceptable forms of Zakat.

No. A family member who is dependent on you can’t receive your Zakat, as you’re already obliged to support them.

A husband can’t donate his Zakat to his wife, as he’s obliged to support her. However, if a husband is listed under am eligible category, his wife can donate her Zakat to him.

Since uncles and aunts aren’t obliged to support nephews and nieces, and vice versa, an eligible uncle or aunt can receive Zakat.

No. A family member who is dependent on you can’t receive your Zakat, as you’re already obliged to support them.