Understanding Zakat
The Third Pillar of Islam - A Guide to Islamic Charitable Giving
What is Zakat?
Zakat ('zakat al-mal'), the third pillar of Islam, is a compulsory 2.5% tax on wealth that is above the Nisab rate. It's paid annually towards certain charitable causes that are eligible for Zakat.
While Zakat can be paid in instalments, it's best to pay it all together to maximize the spiritual benefits.
Rate
Standard Zakat rate on wealth above Nisab threshold
Payment
Due on the anniversary of your last Zakat payment
Threshold
Minimum wealth amount that requires Zakat payment
Where to Give Zakat in 2026?
Discover the most impactful ways to distribute your Zakat this year. Our comprehensive guide covers eligible recipients, best practices, and trusted organizations in the United States.
Read Zakat Giving GuideZakat Calculator
Calculate your Zakat obligation based on your comprehensive net assets. Remember, Zakat is 2.5% of wealth above the Nisab threshold.
Current Nisab: $12,752.00
(3 troy ounces of gold)
Calculation Results
($2,125.00/oz × 3 oz gold)
Your wealth is below the Nisab threshold. No Zakat is due at this time.
Continue building wealth and check again next year.
Important Notes
• Zakat is calculated at 2.5% of net assets above the Nisab threshold
• Nisab is equivalent to 3 troy ounces of gold
• Only include assets held for a full lunar year
• Consult with a qualified Islamic scholar for complex situations
• This calculator is for guidance purposes only
Important: HalalWallet provides educational information and comparisons to help you explore halal financial options. We do not provide financial, legal, or religious advice. Product structures and Sharia compliance oversight vary by provider. Always verify halal compliance directly with providers and consult with qualified Islamic finance advisors or scholars for guidance on specific products and your individual circumstances.
Zakat Resources by Asset Type
Learn how to calculate Zakat on specific types of assets and get detailed guidance for your situation.
Calculator
Use our interactive Zakat calculator
Cash & Bank Accounts
Calculate Zakat on cash holdings
Stocks & Investments
Zakat on investment portfolios
Cryptocurrency
Zakat on crypto holdings
401k & IRA
Retirement account Zakat
Real Estate
Property investment Zakat
Business Assets
Business inventory & assets
FAQ
Common Zakat questions
Frequently Asked Questions
Common questions about Zakat and Islamic charitable giving
Need More Information?
Download our comprehensive Zakat handbook for detailed guidance on calculations, eligible assets, and Islamic principles of charitable giving.
Download Complete Zakat Handbook