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Worship18 Jan 20254 min read

Zakat: Your Annual Obligation Explained

A practical guide to understanding Zakat — who must pay it, how it is calculated, and why it matters.

What is Zakat?

Zakat is one of the Five Pillars of Islam. It is an obligatory form of charity requiring Muslims who meet a minimum wealth threshold (nisab) to give 2.5% of their qualifying wealth annually to those in need. It serves as both an act of worship and a mechanism for social welfare.

Who Must Pay Zakat?

Zakat is obligatory on every sane, adult Muslim whose net qualifying assets exceed the nisab threshold for one full lunar year. The nisab is equivalent to the value of 85 grams of gold or 595 grams of silver.

What Assets are Zakatable?

The following types of wealth are generally subject to Zakat:

Cash & Bank BalancesSavings, current accounts, and physical cash.
Gold & SilverIncluding jewellery above personal use thresholds.
InvestmentsShares, funds, crypto, and business inventory.
Debts Owed to YouMoney others owe you that you expect to receive.

Calculate Your Zakat

Use our free Zakat Calculator at zakat.nashrr.com to easily determine your Zakat obligation. It guides you through each asset category and accounts for deductible debts to give you an accurate figure.

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