Comprehensive Zakat Guide (Money, Stocks, Inheritance)
Calculating zakat differs based on the type of wealth — cash and savings, gold, stocks, or even an estate after death. This guide brings together the zakat and Islamic inheritance calculators in one place, each built on the ruling adopted by major fatwa authorities.
Guide steps
Start here to calculate zakat on your cash, savings, gold, trade goods, and debts — with an automatic gold vs. silver nisab comparison.
Have stocks? Their zakat differs based on your purchase intent — for trading (buying and selling) or long-term investment — calculate it based on your exact intent.
After a relative's passing, calculate the Islamic inheritance distribution among the core heirs (spouse, father, mother, sons, daughters) per Fara'id rules.
Quick tips
- Zakat is due if the wealth reaches the nisab (roughly equivalent to 85 grams of gold) and a full Hijri year (hawl) has passed on it.
- Zakat on trading stocks (buying and selling for quick profit) is calculated on their full market value, while long-term investment stocks are usually calculated only on the zakatable assets within the company — and the difference between the two intents matters a lot.
- The inheritance calculator here covers only the most common core heirs, and doesn't include complex cases (siblings, grandparents) that require a Sharia specialist's review.
- For any actual financial or inheritance case, consult a Sharia specialist or the Zakat, Tax and Customs Authority (Zakaty platform) to ensure correct application.
Frequently asked questions
Is zakat on stocks calculated every year or just once?
It's calculated every Hijri year on the amount present when the hawl completes, exactly like zakat on cash and savings.
Does the inheritance calculator replace a certificate of inheritance?
Not at all. This is only an educational, estimative tool for a simplified general understanding. Any actual, binding estate division requires an official certificate of inheritance from the Sharia court.