Nisab* (Gold Standard)
3 troy ounces of gold is approximately $6,770 as of April 2, 2024
ZAKAT CALCULATOR
MASJID ZAMZAM
ASSETS
Cash on hand
Balance Held in Bank Accounts (Checking, Savings & Business)
Resale Value of Shares (Stocks & Mutual Funds)
Resale market value of investment Property (Does not include the house you reside in)
Retirement Plans (Vested 401K & IRA)
Business Inventory (Wholesale Value)
Gold & Silver Jewlery (at Current Value)
Debts Owed to You (Money Lent to Others)
Accounts Receivable
TOTAL ASSETS
LIABILITES
Short Term Debts (That needs to paid within next 12 months i.e. credit card debt, debt to family and others)
Long Term Debt (1 month mortgage payment, 1 month car payment, 1 month student loan payment, etc)
Incurred Expenses for the Current Month (Rent, Utilities, etc)
Wages Due to Others for the current month (Personal or Business)
TOTAL LIABILITIES
TOTAL ZAKATABLE AMOUNT
ZAKAT TO BE PAID
Should be Empty: