Zakat is the third pillar of Islam: an obligatory annual almsgiving of 2.5% of the net wealth of a Muslim whose assets exceed the nisab for a full lunar year (hawl).

How much is the nisab in 2026?

The nisab is the minimum wealth at which zakat becomes due. It equals 87.48g of gold (about €8048 in 2026) or 612.36g of silver (about €674). Most scholars recommend the silver nisab: it is lower, and so more inclusive of the poor.

What is the zakat rate?

The rate is 2.5% (one fortieth) on monetary assets, gold, silver, bank accounts and liquid investments. Different rates apply to livestock, agricultural produce and minerals, set out in the works of fiqh.

Who are the recipients of zakat?

The Quran names 8 categories (Surah At-Tawbah, verse 60): the poor (al-fuqara), the needy (al-masakin), those employed to collect zakat, those whose hearts are to be reconciled (al-mu’allafa qulubuhum), the freeing of captives (fi-r-riqab), the indebted (al-gharimin), the cause of Allah (fi sabilillah), and the stranded traveller (ibn as-sabil).

Do I pay zakat on my main home?

No. Zakat does not apply to personal-use property: your main home, your car, clothing, furniture, jewellery worn daily. It applies only to productive or liquid assets: money, gold, silver, investments, trade goods, productive livestock.

How is zakat calculated on cryptocurrency?

Most contemporary scholars treat cryptocurrency (Bitcoin, Ethereum, etc.) as zakatable, like monetary assets. If you have held crypto for a year (hawl) and its value passes the nisab, add it to your wealth and apply the 2.5% rate.

2026 zakat calculator

Calculate your zakat in 2 minutes

A free, Shariah-compliant calculator. Zakat is 2.5% of your net wealth once it passes the nisab. Work out your exact zakat below.

Enter your wealth (€)

Your figures stay in your browser. Nothing is sent anywhere.

Cash and current account

Savings accounts (halal)

Gold owned (grams)

× 92€/g

Silver owned (grams)

× 1.1€/g

Halal investments and crypto

Debts due within the year

Net wealth0 €

Applicable nisab (silver, the more inclusive one)674 €

Liable?No (wealth below the nisab)

Your annual zakat (2.5%)

0 €

Gold and silver values are approximate (April 2026). For a precise calculation with live prices, multi-account tracking, crypto conversion and hawl management, use the BasiraLife app.

Advanced zakat calculation in BasiraLife

What is zakat?

Zakat (الزكاة) is the third pillar of Islam: an obligatory annual almsgiving for every Muslim whose wealth exceeds the nisab (the minimum threshold) for a full lunar year (hawl). The word itself means “purification” and “growth” — it purifies your wealth and grows its blessing (barakah).

The rate is 2.5% (one fortieth) of the net wealth on which zakat is due. It is distributed to the 8 categories of recipients named in the Quran (Surah At-Tawbah, verse 60): the poor, the needy, those who collect zakat, those whose hearts are to be reconciled, the freeing of captives, the indebted, the cause of Allah, and the stranded traveller.

Who must pay zakat?

Zakat is due from a Muslim who meets these 4 conditions:

✓Being Muslim
✓Being of sound mind and legally responsible
✓Holding net wealth at or above the nisab
✓Keeping that wealth for a full lunar year (hawl, about 354 days)

How is the nisab worked out in 2026?

The nisab is the minimum level of wealth below which no zakat is due. There are two possible nisabs:

Gold nisab

87.48 g

≈ €8,048 in 2026

20 authenticated gold dinars

Silver nisabRecommended

612.36 g

≈ €674 in 2026

200 silver dirhams — lower, and more favourable to the poor

What the scholars recommend

Most contemporary scholars — the European Council for Fatwa and Research among them — recommend taking the silver nisab as the reference threshold. It has historically been the lower of the two, so more people become liable and more of the poor benefit. It is the value BasiraLife uses by default.

Which assets are zakatable?

✓ Zakatable assets

• Cash and bank accounts (current and savings)
• Gold and silver (jewellery, bars, coins)
• Halal investments (compliant shares, Shariah funds)
• Cryptocurrency held for a year (Bitcoin, Ethereum, etc.)
• Trade goods (stock held for sale)
• Recoverable debts (loans you expect back)
• Productive livestock (per its own scales)

✗ Exempt assets

• Your main home
• Your personal car
• Clothing, furniture, household items
• Jewellery worn daily (depending on the madhhab)
• Tools of your trade (work computer, workshop…)
• Debts falling due within the year
• Unproductive land not held for sale

The 8 categories of recipients (Quran 9:60)

Allah says in the Quran: “Zakah expenditures are only for the poor and for the needy and for those employed to collect it and for bringing hearts together and for freeing captives and for those in debt and for the cause of Allah and for the stranded traveller.” (Surah At-Tawbah, verse 60)

1
Al-Fuqara (الفقراء)
The poor, who own little or nothing.
2
Al-Masakin (المساكين)
The needy, whose means fall short of their needs.
3
Zakat collectors
Those who collect and distribute the zakat.
4
Al-Mu'allafa Qulubuhum (المؤلفة قلوبهم)
Those whose hearts are to be reconciled, new Muslims among them.
5
Fi-r-Riqab (في الرقاب)
Freeing captives, or people held in a contemporary form of bondage.
6
Al-Gharimin (الغارمين)
Those in debt for a legitimate reason.
7
Fi Sabilillah (في سبيل الله)
For the cause of Allah: religious teaching, defence of Islam, pious works.
8
Ibn As-Sabil (ابن السبيل)
The traveller stranded and cut off from their means.

Track your zakat all year round

BasiraLife calculates your zakat automatically, tracks the hawl (lunar year), updates the nisab with the day’s prices, and manages 8 categories of sadaqah alongside it.

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