Zakat on property calculator

Zakat is a fortieth, 2.5%, of the wealth you hold on your zakat date, once a lunar year has passed since you first held the nisab ("a quarter of a tenth", in the letter of Abu Bakr, Sahih al-Bukhari 1454). It is due on the whole of that wealth, not only on the part above the nisab, and it goes to the people Quran 9:60 names, such as the poor, the needy and those in debt.

The nisab is 52.5 tola of silver (612.36 grams), the 200 dirhams of Sahih Muslim 979, or 7.5 tola of gold (87.48 grams), the 20 dinars of Sunan Abi Dawud 1573. At the jewellers' rates of 29 September 2026, Rs 6,558 a tola of silver and Rs 437,336 a tola of 24 karat gold, that is Rs 344,295 by silver and Rs 3,280,020 by gold. When you hold anything besides gold, the Hanafi rule adds everything together and measures it against the silver nisab, as that serves the poor better; when you hold gold and nothing else, the nisab is 7.5 tola of it by weight. Some scholars today use the gold nisab for cash as well, since silver has lost so much of its value, and the calculator lets you choose it.

Property carries zakat only as trade goods: a plot, house or shop bought with the intention of selling it is counted each year at what it would sell for (Sunan Abi Dawud 1562). Your own home, a plot kept for building it, and what you use yourself carry none (Sahih al-Bukhari 1463). Property held to earn rent carries none either; the rent does, once received, as part of your cash. In the Hanafi school the intention to sell must be there when you buy, so a plot bought with no firm plan, or one you inherited or were given, is not trade goods even if you later decide to sell, and its zakat falls on the money once it is sold. This is the view of fatwa institutions such as Darul Uloom Karachi and Jamia Uloom-ul-Islamia Banuri Town; some scholars count a plot held as an investment in any case, and the calculator lets you count it.

Debts you must pay now come off before the nisab test. For a long loan paid in installments, such as a home loan or a plot bought on installments, many scholars in Pakistan take off only the installments due over the coming year, not the whole balance. Money owed to you counts if you expect it back; zakat on it may wait until it is received, when the years it was owed are paid for together. Leave out a debt you do not expect to recover.

The zakat banks deduct on the first of Ramadan is separate. Under the Zakat and Ushr Ordinance 1980, banks take 2.5% from savings and profit-and-loss accounts holding at least the government's nisab, Rs 503,529 for the zakat year 1446-47 AH, notified on 17 February 2026. It looks at one account on one day, where your own zakat covers all you hold on your zakat date, so ask your scholar whether to count a bank's deduction against what this calculator shows. Zakat paid under the Ordinance is a deductible allowance on your income tax return (section 60, Income Tax Ordinance 2001).