Millions of refugees are spending Ramadan away from home, facing poverty and daily struggles. You can bring relief and hope with your Zakat donation. Use our easy Zakat calculator to calculate your contribution quickly.
Our calculator considers assets such as gold, silver, cash, pensions, and business holdings, while also accounting for any personal or business debts.
Zakat is calculated based on your net assets over the last lunar year. Once your total meets or exceeds the Nisab threshold, you can determine the exact amount to donate zakat.
Zakat is one of the Five Pillars of Islam and a duty for every eligible Muslim whose wealth exceeds the Nisab.
It is calculated at 2.5% of your savings and assets held for one lunar year. Nisab values change with gold and silver prices, so accurate calculation is important.
We make it easy. Use our Zakat calculator UK to automatically determine your Zakat amount based on the latest Nisab for 2026.
For step-by-step instructions and examples, visit our comprehensive Zakat guide to learn exactly how to calculate and donate your zakat correctly.
Nisab is the minimum amount of wealth a Muslim must own to be liable to pay Zakat. It sets the eligibility threshold and is tied to the current value of gold and silver.
Silver Nisab – 612.36g of silver
Gold Nisab – 87.48g of gold
The Nisab is based on guidance from Prophet Muhammad (SAW). Historically, gold and silver values were equal, but today the silver Nisab is lower, allowing more Muslims to give Zakat.
NISAB VALUE (as of today)
Zakat is one of the Five Pillars of Islam. It is a fundamental part of a believer’s religious obligations. Zakat means purification in the literal sense. It is a means of worshipping Allah (SWT) by giving that which He has enjoined to those who are entitled. Zakat is the act of giving a set percentage of total wealth to the eligible each lunar year and is required of every sane adult Muslim whose accumulated wealth exceeds the current Zakat nisab value.
Paying Zakat is an act of worship. At Your Impact, we understand this wholeheartedly and strive hard to ensure your Zakat payment reaches the most vulnerable and needy communities in the world quickly and effectively.
The rules and regulations surrounding Zakat may seem complicated. It is important to understand the Zakat nisab value, when to pay Zakat, and to whom we can give it. Considering this, Your Impact has put together a brief guide around how to calculate Zakat – including the correct Zakat percentage of wealth to be paid and whether any Zakat tax is applicable in the UK.
The Zakat nisab value is the minimum threshold required for an individual to be eligible to pay Zakat in that specific lunar year. Your total overall wealth must meet or exceed the nisab value in order for you to be eligible to pay Zakat.
The most up-to-date nisab for gold and silver can be found at the top of the page.
The nisab value is related to the current values of gold and silver and guides us on how much is Zakat. The nisab principles were set in accordance with the teachings of Prophet Muhammad (SAW). The nisab value can be described as 612.36g of silver or 87.48g of gold. Originally, these values of silver and gold were equal, but in the current day and age, they have become different, with the silver nisab being significantly lower than its gold counterpart.
You can calculate the nisab value at any time by converting these weights into your local currency.
Your Zakat donation should amount to 2.5% of your total wealth accumulated over the year. As an example, if your total assets (after any debts owed) amounted to £10,000, then you would be required to pay £250 as Zakat.
When calculating your total wealth and assets, you must consider the following:
You can use Your Impact’s Zakat calculator for gold, silver, cash, and other assets to determine your overall wealth and subsequently work out how much Zakat you need to pay. Please note that any debts you currently have outstanding, including any form of a loan, are ineligible for Zakat, so they must be deducted from the overall total.
In the UK, tax can impact Zakat in a variety of ways, but there are Zakat rules to help if you have any queries.
Personal taxes like road and income tax are not exempt from Zakat. The only exception to this is when the taxes being paid are overdue, in which case they become a deductible debt, though this is a rare situation.
For self-employed people or business owners, filling in UK tax returns is an important part of the business. In this situation, many individuals will keep money in their bank specifically for when they fill in their tax returns. This figure being saved for tax is deductible from the Zakat total.
Cryptocurrencies held as investments are subject to Zakat (2018 fatwa).
Example: 1 Bitcoin valued at £35,000 on the Zakat due date → Zakat = £35,000 × 2.5% = £875.
Stocks and Shares
Include accessible pension funds in your Zakat calculation. Locked funds are Zakatable only when withdrawn.
As an obligatory act of worship, your Zakat donation should go towards helping Zakat-eligible individuals, as decreed by the Holy Quran. Zakat payments are divided between those most in need in the light of the Holy Quran:
Zakat is typically based on a full lunar year, and as such, most Muslims pay this towards the end of the year. While many choose to pay Zakat during Ramadan, Muslim scholars warn against delaying the payment of Zakat. Instead, Zakat should be paid as soon as it becomes obligatory after a whole year has passed since the possession of wealth.
However, Zakat can be given in advance. It is a good idea to pay Zakat in Ramadan to maximise the reward if someone’s Zakat has to become compulsory shortly after Ramadan.
Your Impact is an international organisation with almost 35 years of experience in assisting some of the most vulnerable people in the world. The majority of our campaigns and appeals are Zakat-eligible. Join hands with Your Impact and let your Zakat donations make a substantial difference to vulnerable lives across the world.
1. What is Zakat and who must pay it?
Zakat is an obligatory charity and one of Islam’s Five Pillars. Every eligible Muslim whose wealth exceeds the Nisab threshold must donate zakat to support the needy and purify their wealth.
2. How do I calculate Zakat?
Zakat is 2.5% of qualifying wealth held for one lunar year. Use our Zakat calculator UK to automatically calculate your amount, including cash, gold, silver, investments, and accessible pensions.
3. Where can I donate Zakat?
You can donate zakat online with trusted charities like Your Impact Foundation. Donations reach widows, orphans, the poor, and those affected by crises in the UK, Palestine, and other eligible regions.
4. Does cryptocurrency or stocks count for Zakat?
Yes. Digital assets, cryptocurrencies, trading shares, and accessible pensions are included in your Zakat calculation. Only dividends from investment shares are Zakatable, while locked funds are counted upon withdrawal.
5. What is the Nisab threshold?
Nisab is the minimum wealth a Muslim must have before Zakat becomes obligatory. It is linked to gold (87.48g) or silver (612.36g). Once your net assets meet or exceed Nisab, you must donate your zakat.
Your Impact Foundation is a faith-driven international NGO based in the UK, committed to supporting individuals and communities affected by natural disasters, conflict, poverty, hunger, illness, homelessness, injustice, and lack of education or economic opportunity.
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