Your Zakat due — 2.5% of qualifying wealth above nisab.

What is nisab, and should I use the gold or silver threshold?

Nisab is the minimum wealth threshold below which Zakat isn't obligatory. It's traditionally defined as the value of 87.48 grams of gold or 612.36 grams of silver. Because silver's price per gram is much lower than gold's, the silver-based nisab works out to a lower threshold — many scholars recommend using it for cash and mixed-asset wealth, since it means more eligible wealth in the community gets purified, though gold nisab is also a valid and commonly used standard. This calculator lets you choose either basis and enter current metal prices.

What counts as zakatable wealth?

Generally: cash and bank balances, gold and silver (personal jewelry treatment varies by school of thought), stocks and investments, business inventory and receivables. Short-term debts and liabilities due are subtracted before applying the 2.5% rate. Fixed personal assets you use rather than hold as wealth — your primary home, your car, household furniture — are typically excluded entirely. This calculator covers the common categories; consult a knowledgeable scholar for asset types not listed here or for school-specific rulings.

Does my wealth need to be held for a full year before Zakat is due?

Yes — the standard requirement is that your net qualifying wealth stays at or above nisab for one full lunar year (hawl) before Zakat becomes due on it. This calculator shows what would be owed on the wealth you enter as a snapshot; the hawl timing condition is a separate check you'll need to track yourself over the year.

Worked example: $5,000 cash + $2,000 gold/silver + $3,000 investments − $500 debts = $9,500 net zakatable wealth. Against a silver nisab (612.36g × $0.95/g ≈ $582), that's well above threshold, so Zakat due is 2.5% × $9,500 = $237.50.