Calculate Zakat on assets you posses.

Zakat Calculator

Gold: - / g Silver: - / g Last updated: -
Nisab value -
-
Crypto assets (Enter values in USD)
Tokenized metals (Enter values in USD)
Total zakatable assets
-
Sum of all digital and traditional assets
Total deductibles
-
-
Net zakatable wealth
-
Total assets minus deductibles
Zakat due
-
-

Disclaimer: This tool is for indicative calculation only and does not trigger any automatic Zakat deduction from your Fasset holdings.

FAQs

Will the Zakat be deducted from my Fasset holdings?

The Zakat calculation is provided for guidance purposes only. Fasset does not perform automatic Zakat deductions.

Is there Zakat on precious stones like diamonds?

Zakat is not due on personal precious stones such as diamonds (i.e., items owned for personal use rather than trade).

Is there Zakat on my rental property?

Zakat is not due on the value of a rental property itself, because the property is not treated as a zakatable asset. However, any rental income that remains with you as cash on your Zakat date is zakatable, so Zakat is paid on the cash (including saved rental income).

Is the nisab subtracted from my total assets when calculating Zakat?

No. Nisab is a threshold test, not an allowance. If your net zakatable wealth reaches or exceeds nisab, Zakat is due on the entire net zakatable amount (not only the excess above nisab).

What is not subject to Zakat?

As a general rule, personal-use assets are not zakatable unless they fall into recognised zakatable categories. Zakat is typically assessed on:

  1. Gold and silver
  2. Cash and receivables
  3. Business assets (goods for sale/trade inventory)
  4. Investments in zakatable assets
  5. Crops and agricultural produce
  6. Livestock

Therefore, most personal items are not subject to Zakat, such as your home, car, phone, laptop, and household appliances, regardless of value.

Are stablecoins subject to Zakat?

Yes. Stablecoins that function primarily as payment tokens are treated as zakatable wealth, similar to cash, and are included at their value on your Zakat date.

If I buy crypto intending to sell later for profit, do I need to pay Zakat?

Yes. Crypto purchased with the intention of resale for profit is subject to Zakat. You pay 2.5% on the market value of your holdings on your Zakat date.

What about stocks held for the long term?

Zakat is due on the portion of a company’s underlying assets that are zakatable (such as cash, receivables, and trade inventory). Many scholars allow using an estimate if you cannot calculate precisely; a common estimate used is 25% of the share value to cover the zakatable portion.

Is Zakat paid on income?

Zakat is paid on what you own on your Zakat date. It is not paid on gross income earned during the year as “income”; rather, any income that remains with you as zakatable assets (such as cash) on your Zakat date is included.

Is Zakat payable on the wealth of children?

According to the Hanafi school, Zakat is not obligatory on the wealth of children who have not reached maturity. According to the Maliki, Shafi‘i, and Hanbali schools, Zakat is obligatory on a child’s wealth (typically paid by the guardian on the child’s behalf).

Is Zakat payable on a utility token (e.g., OWN) held long term without intention to resell?

No. If the token is held purely as a utility token and not for resale or trading, then Zakat is not due on it.