by Areej Khan | Jan 1, 2023 1 2 3 Please select the options that you think may apply to you. If you're not sure about an option, select it anyway and more information will follow to help you decide. What I own Cash Money owed to me ISAs and trusts Gold and Silver Crypto Shares Business assets What I Owe Mortgage Utility bills Personal loans Overdraft Credit card Business liabilities Start Calculation My Cash Enter the amount of cash you have including money in your bank account(s), whatever the source (e.g. salary, rental income, benefits etc.). Cash in hand £ Cash in bank accounts £ + Add another field Money owed to me If you have lent money to someone and are confident it will be repaid, or you’ve sold something and are due to receive payment, you need to pay Zakat on these amounts. Loan £ Money expected from a sale £ + Add another field My Gold & Silver If you’re not sure how much your gold and silver is worth you can enter the weight in grams. One tola is equal to 11.7 grams. Gold Grams Amount £ + Add another field Silver Grams Amount £ + Add another field My shares If you own stocks and shares, Zakat is due on them. Enter the current market value of these investments below. Shares bought exclusively to resell for capital gain £ Shares bought for any other reason £ + Add another field My ISAs, Junior ISAs & Child Trust Funds Zakat is payable on ISAs and Child Trust Funds. It's important that you enter the full value of your investment and the calculator will do the rest. Stocks & shares ISA/CTF £ Cash ISA £ + Add another field My Crypto Enter the value of any cryptocurrencies you own in pounds. Cryptocurrency value £ + Add another field My business assets Business assets include cash, receivables (money owed to the business) and stock. Stock should be valued at the retail price. If you have bought property with the sole intention to resell, then include an estimate of the current value of your equity in the property. Cash £ Receivables £ Stock £ + Add another field Money I owe For long-term debts (e.g. mortgage), payments and bills, only enter amounts that are either due now or overdue. For businesses, any tax liabilities in relation to a prior financial year that are still to be paid can also be deducted. Mortgage £ Utility bills £ Personal loans £ Overdraft £ Credit card £ Business liabilities £ Continue All done! Here's a summary of the information you've provided and how much Zakat you need to give. What I have... £0.00 ...minus what I owe £0.00 is equal to: £0.00 Today's Nisab is: £0.00 So my Zakat (2.5%) is: £0.00 Would you like a copy of your Zakat calculation? Enter your email address above and we'll send you a copy for future reference. We'll also follow-up with information about other services provided by National Zakat Foundation. You can unsubscribe from these emails at any time. Continue × Save My Calculation To save your calculation, enter your email address and we'll send you a summary of your calculation so far and a link so you can continue where you left off. By using this calculation save feature, I agree to receive follow-up communication by email about the services provided by National Zakat Foundation. I understand that I will be able to unsubscribe from these emails at any time.
