Why Zakat is Important?
Zakat is the third pillar of Islam and a means of purifying wealth and helping society. It brings blessings, removes greed, and supports the needy. Paying Zakat earns reward and brings barakah (blessing) to wealth.
Quran – Al-Baqarah 2:43
"And establish prayer and give zakah and bow with those who bow [in worship and obedience]."
"And establish prayer and give zakah and bow with those who bow [in worship and obedience]."
Quran – At-Tawbah 9:60
"Zakah expenditures are only for the poor and for the needy... an obligation [imposed] by Allah. And Allah is Knowing and Wise."
"Zakah expenditures are only for the poor and for the needy... an obligation [imposed] by Allah. And Allah is Knowing and Wise."
Hadith (Bukhari & Muslim)
"Whoever fulfills the needs of his brother, Allah will fulfill his needs…"
"Whoever fulfills the needs of his brother, Allah will fulfill his needs…"
Hadith (Tabarani)
"There is no wealth in which there is no Zakat, but it will become a means of destruction for its owner."
"There is no wealth in which there is no Zakat, but it will become a means of destruction for its owner."
Zakat Calculation Guide
- Who Must Pay Zakat? Every adult Muslim, sane, who owns wealth above the Nisab level for a lunar year.
- Zakatable Assets: Gold, Silver, Cash, Bank Savings, Business Inventory, Shares (for trading), and others.
- Nisab (2024): Gold: 87.48g | Silver: 612.36g
- List your gold, silver, cash, and other eligible assets.
- Subtract any immediate debts.
- Calculate value (enter current gold/silver rate below).
- If total assets ≥ Nisab value, pay 2.5% as Zakat.
Sample: If you own 100g gold (₹7000/g), 500g silver (₹80/g), ₹1,00,000 cash, ₹50,000 inventory, debts ₹30,000.
Total = (100×7000)+(500×80)+1,00,000+50,000−30,000 = ₹8,80,000
Zakat (2.5%) = ₹22,000
Total = (100×7000)+(500×80)+1,00,000+50,000−30,000 = ₹8,80,000
Zakat (2.5%) = ₹22,000
Zakat Calculator
Gold & Silver Rate Sources:
goodreturns.in |
goldprice.org
Dua for Barakah
اللهم بارك لي في رزقي و اجعلني من المزكّين
“O Allah! Bless my sustenance and make me among those who pay zakat.”
“O Allah! Bless my sustenance and make me among those who pay zakat.”
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