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We’ve come together with Islamic Relief UK to put together a comprehensive guide on paying Zakat on gold to help you with your Zakat calculation this Ramadan and beyond. First, what is Zakat and what does gold have to do with it? Zakat on gold requires Muslims to pay 2.5% of their gold holdings as zakat if the amount of gold they own meets or exceeds the minimum required amount, known as nisab. Zakat is a mandatory charity —2.5% of eligible wealth—to support those facing poverty, hunger, and crisis. It is a spiritual obligation and a path to barakah (blessings) in this life and the hereafter. Your Zakat in Action: Where to give your Zakat Ramadan Food Parcel Distribution – Bamako, Mali. Choosing where to give Zakat is important How many types of Zakat? Zakat al-Fitr is also referred to as ‘Fitrana’, it is a donation before the Eid al-Fitr prayer at the end of Ramadan. The purpose of Zakat al-Fitr is to enable poor people to celebrate Eid. Zakat al-Mal is also known as 'Zakat on wealth' or 'alms-giving'. An annual obligation is to give a portion of wealth including To calculate your Zakat payment for the year, check the current gold and silver market rate in your currency. The National Zakat Foundation updates its page daily with the current Nisab rate of both gold and silver. At the end of Ramadan, a special type of zakat is due — Zakat al-Fitr. These obligatory alms allow Muslims to cleanse their wealth after the fasting month while giving directly to the poor and needy. As with many elements of Islam, Zakat al-Fitr comes with a few rules. The third difference is when zakat ul-fitr and zakat are due. Zakat al-fitr is due as the sun sets on the last day of Ramadan, at the very latest. Zakat, on the other hand, is required to be paid after one lunar year if a Muslim’s wealth equals or surpasses the nisab value. The moment this wealth equals to or exceeds nisab, zakat is due. There is no specific time frame for when to pay Zakat, though many Muslims choose to make their donation during Ramadan to gain extra blessings. Who Can You Give Zakat To? Allah (SWT) has specified eight categories of eligible recipients for Zakat: The wayfarer – travellers in need. Your 10-Point Guide to Fulfilling Zakat This Ramadan 1. Understanding Nisab and Haul. Nisab is the minimum amount of wealth one must hold to be eligible to pay Zakat. This can be measured in gold (85 grams) or silver (595 grams). Haul is the lunar year that your wealth needs to exceed the Nisab. Picture it as an annual checkpoint to assess your We are here to guide you on How to Calculate Zakat. First, calculate Nisab which is 39198 PKR for this year as per the Pakistan Government. Determine the net worth of zakat by subtracting liabilities from zakat-able assets. Compare the net worth of Zakat with Nisab. Zakat on Gold and Silver. Zakat on gold should be calculated at 2.5% of the market value as on Zakat Due Date. Zakat is to be paid on silver in pure form or jewellery, utensils, decorative items and all household items including crockery, cutlery made of silver at 2.5% of the prevailing market rates. Your Gold Coast Ramadan Calendar for 1446/2025. The following Ramadan timetable for 2025 indicates the prayer times for Gold Coast. You can also find timetables for other cities listed down below. These timings have been verified by the Australian National Imams Council (ANIC), using the first Mithl for Asr. The Messenger of Allah, peace be upon him, said: “Islam is built upon five pillars: the testimony that there is no god but Allah, and that Muhammad is His servant and Messenger, the establishment of prayer, the giving of alms (zakat), the pilgrimage to the House (Hajj), and fasting during Ramadan.” [Sahih Muslim: 16] This article discusses giving Zakat during Ramadan and explains the allowable threshold (nisab) for Zakat. Zakat On Gold, Zakat On Silver, Silver Nisab, Gold Gold and silver are the two values used to calculate the nisab threshold. For 2025, the nisab is the value of 87.48 grams of gold or 612.36 grams of silver. Current nisab value (11 February 2025) Using value of silver (612.36 grams) – approximately $588. Using value of gold (87.48 grams) – approximately $7,498. How is Zakat calculated in 2025? The Nisab for Zakah on pure (24 karat) gold is 85 grams. To calculate Zakah on gold, the number of grams is multiplied by the caratage, then divided by 24. The resulting figure represents the pure, 24 karat gold. If that number reaches 85 grams or more, then Zakah must be given on it, at the rate of 2.5%. Enter the dollar value only. Gold and silver that you own in any form is subject to Zakat according to its weight value. Gold and silver can be valued by its weight and resale value by a jeweler or you can multiply the number of grams (of gold or silver) that you own by the current market value. The scholars warn against delaying the payment of Zakat for the purpose of giving it in Ramadan. However, Zakat payment can be brought forward if someone’s Zakat becomes compulsory shortly after Ramadan. This will allow the person to achieve the blessing of Ramadan Zakat without delay in payment. You can pay your Sadaqah and Zakat during Zakat is a Pillar of Islam to purify your wealth for Allah’s (SWT) will. Zakat Calculator #currentYear# helps you calculate and find your payable Zakat amount for the year. Many people choose to pay their Zakat al Fitr and Zakat during Ramadan because of the increased reward. Zakat must be paid on 2.5% of the value of the gold that you own. Find out how to calculate the Zakat you need to pay on your gold here.
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