Zakat is one of the five pillars and is owed annually on wealth that has been held for a full Hijri year, once it reaches the threshold (nisab). The standard rate is 2.5% of the zakatable assets after debts.
Nisab — the threshold
Two standards are accepted:
- Silver standard — approximately 595 grams of silver. This is the lower threshold and is what we use in the QiblaWeb calculator by default; it makes zakat reachable for more people, which most contemporary scholars prefer.
- Gold standard — approximately 85 grams of gold.
What counts as zakatable
- Cash and bank balances (after subtracting immediate debts).
- Gold and silver, including jewellery (with some scholarly difference about regular-use jewellery).
- Investments, shares, and tradable securities — typically the market value.
- Business inventory at cost or market value.
- Receivables you reasonably expect to receive.
What does not count
- Your primary residence.
- Personal-use vehicles, household furniture, and clothing.
- Tools or machinery used in business operations (the inventory does, the equipment does not).
The QiblaWeb calculator
The zakat calculator sums these inputs in your browser and applies 2.5%. We never receive your numbers — there is no fetch() to our server in the calculator code path. For complex situations (corporations, investment property, personal debts), confirm with a qualified scholar.
Source
Summarised from IslamQA — Conditions of zakat (retrieved 2026-05-09).