How to Use the ZakatEasy Calculator: Step-by-Step Tutorial

Calculating Zakat can feel overwhelming, especially when you have multiple types of assets to account for. The ZakatEasy Calculator was built to make this process simple, accurate, and completely free. This tutorial walks you through every step of using the calculator so you can determine your exact Zakat obligation in minutes.

Before You Start: What You Will Need

Before opening the calculator, gather the following information to ensure an accurate calculation:

• Bank statements — Current balances for all checking, savings, and fixed deposit accounts.
• Gold and silver inventory — Weight in grams (or tola/ounces) of all gold and silver you own, including jewelry.
• Investment portfolio — Current market value of stocks, mutual funds, ETFs, and other investments.
• Cash on hand — Physical cash at home or in a safe.
• Business inventory — Current market value of goods held for sale (if applicable).
• Outstanding debts — Amounts you owe in the short term, including credit card balances and personal loans due.

Having these figures ready beforehand will help you complete the calculation in just a few minutes without having to stop and look up information.

Step 1: Open the Calculator

Navigate to zakateasy.org in any web browser. The calculator works on desktop, tablet, and mobile devices. No account registration or sign-up is required — simply open the page and start.

At the top of the page, you will see the current Nisab threshold displayed, which is automatically fetched using live gold prices. This is the minimum wealth level above which Zakat becomes obligatory. The Nisab updates daily based on the gold market.

Step 2: Select Your Currency

ZakatEasy supports over 20 international currencies. The calculator automatically detects your location and sets the appropriate currency. If you need to change it, use the currency dropdown at the top of the calculator form.

Supported currencies include USD, GBP, EUR, INR, PKR, BDT, MYR, AED, SAR, and many more. All Nisab values and calculations are converted to your selected currency in real time using current exchange rates.

Step 3: Enter Your Cash and Savings

The first section of the calculator asks for your cash and bank holdings. Enter the combined total of:

• Physical cash in your wallet, home, or safe
• Checking account balances
• Savings account balances
• Fixed deposits or certificates of deposit
• Any other liquid cash equivalents

Combine all amounts into a single figure. If you have accounts in different currencies, convert them to your selected currency first or use separate calculations.

Step 4: Enter Your Gold and Silver

The gold and silver section allows you to enter your holdings in two ways:

• By weight — Enter the weight in grams. The calculator will multiply by the current market price automatically.
• By value — If you already know the monetary value of your gold or silver, enter it directly.

Use the toggle to switch between weight and value input. Remember to include all gold and silver you own, including jewelry, coins, bars, and decorative items. Under the Hanafi school of thought, personal jewelry that you wear daily is still subject to Zakat.

Step 5: Enter Investments and Other Assets

In the investments section, enter the current market value of all your investment holdings:

• Stocks and shares
• Mutual funds and ETFs
• Bonds and sukuk
• Cryptocurrency holdings
• Any other tradeable assets

For retirement accounts (such as 401k or IRA), scholars differ on whether they are zakatable. If the funds are accessible to you without penalty, most scholars consider them zakatable. If locked until retirement, you may consult a scholar for guidance.

If you own a business, enter the value of your business inventory — goods that are held for sale. Fixed business assets like equipment or property used in operations are not zakatable.

Step 6: Enter Your Liabilities

The liabilities section lets you subtract debts that reduce your zakatable wealth. Enter only immediate debts and obligations due within the current year:

• Credit card balances
• Personal loans due
• Unpaid bills and rent
• Any other short-term obligations

Long-term debts such as a mortgage or student loans are generally not deducted in full. Some scholars allow deducting only the current year's installment. ZakatEasy follows the common Hanafi approach of deducting immediate liabilities from total assets.

Step 7: Review Your Results

After entering all your information, click the "Calculate Zakat" button. The results panel will show:

• Total Assets — The sum of all your zakatable wealth (cash + gold + silver + investments).
• Total Liabilities — Your deductible debts.
• Net Zakatable Wealth — Total assets minus liabilities.
• Current Nisab — The minimum threshold based on live gold prices.
• Zakat Due — 2.5% of your net zakatable wealth (if it meets the Nisab).

If your net wealth is below the Nisab, the calculator will indicate that no Zakat is due. This means your wealth has not reached the minimum threshold for Zakat obligation.

Understanding the Calculation

The ZakatEasy calculator uses a straightforward formula that follows the Hanafi method:

Zakat = (Total Assets − Liabilities) × 2.5%

The Nisab threshold is calculated as:

Nisab = 87.48 grams × Current Gold Price per Gram

Because gold prices fluctuate daily, the Nisab changes accordingly. ZakatEasy fetches the latest gold price each time you open the calculator, ensuring your calculation always uses the most current threshold.

Tips for an Accurate Calculation

• Be thorough — Include all sources of wealth. Forgotten assets are one of the most common causes of underpaying Zakat.
• Use current values — For gold, silver, and investments, use today's market value, not the price you originally paid.
• Calculate on a consistent date — Many Muslims pick the 1st of Ramadan as their annual Zakat date. Consistency helps ensure you do not skip a year.
• Round up when uncertain — If you are unsure about an amount, it is better to slightly overestimate and give more than required.
• Recalculate if wealth changes significantly — If you receive or spend a large sum close to your Zakat date, recalculate to ensure accuracy.

Frequently Asked Questions

Is the calculator free to use?

Yes, ZakatEasy is completely free. There are no hidden fees, no premium features, and no account required. We believe Zakat calculation should be accessible to every Muslim.

How accurate is the gold price?

The calculator fetches live gold prices from reliable market data sources. Prices are updated multiple times throughout the day to ensure the Nisab threshold reflects current market conditions.

Can I save my calculation?

For privacy, ZakatEasy does not store any of your financial information. We recommend noting down your results or taking a screenshot for your records. Your data stays entirely in your browser and is never sent to any server.

What if I have assets in multiple currencies?

Select your primary currency in the calculator and convert all other holdings to that currency before entering them. The currency selector at the top of the calculator makes it easy to work in your preferred currency.