Zakat on Gold Calculator
Calculate 2.5% zakat on your gold after checking its value against the nisab at today’s rates.
Disclaimer: this calculator is an estimate for guidance only — not a fatwa. Consult a qualified scholar for your situation. The silver nisab is 612.36 g; zakat applies to fully owned gold held for a full lunar year (hawl).
How zakat on gold is calculated
Zakat on gold becomes due when it reaches the nisab and a full lunar year (hawl) has passed. The nisab is 87.48 grams of pure (24K) gold, valued in Canadian dollars by multiplying by today\u2019s 24K per-gram rate \u2014 so the threshold moves with the market, and the calculator keeps it updated daily.
If your gold\u2019s value meets or exceeds the nisab, zakat is 2.5% of the total value. Lower-karat gold (22K, 18K) is valued at its own per-gram rate, while the nisab comparison uses the pure-gold content \u2014 the calculator handles this using the daily karat rates.
Scholars differ on matters like zakat on worn jewellery and on gold held for trade versus personal keeping, so the tool shows the numbers only \u2014 the ruling for your situation belongs to a qualified scholar. Remember to combine gold with your other zakatable assets (cash, silver) for the total.
Rates come from our market feed when available, otherwise clearly labelled indicative reference rates. Figures are estimates, not a fatwa.
Q1. What is the nisab for gold?
The gold nisab is 87.48 grams of 24K gold (equivalent to 85 grams by some measures). Zakat at 2.5% becomes due when your zakatable gold reaches this threshold and a full lunar year (hawl) has passed.
Q2. Is zakat due on gold jewellery I wear?
Scholars differ: the Hanafi school generally includes worn jewellery in zakatable wealth, while other schools may exempt personal-use jewellery. This calculator shows the numbers; consult a qualified scholar for your situation.
Q3. How is the nisab value calculated here?
We multiply 87.48 grams by today’s 24K per-gram rate from our market feed (or clearly labelled indicative reference rates when the feed is unavailable), so the nisab threshold in CAD stays current.
Q4. What about zakat on silver or cash savings?
The silver nisab is 612.36 grams, and cash savings are zakatable at 2.5% when they reach the nisab value. This tool covers gold only — combine all zakatable assets when calculating your total.