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Zakat on Cash & Savings

Zakat on cash is 2.5% of what you hold, once your savings and other wealth pass the nisab and have been held for one lunar year. This calculator covers cash in hand, bank balances, fixed deposits and money set aside, in any currency. Enter your savings below.

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Gold, pure 24 carat
Silver, pure

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Net zakatable wealth
0
Below nisab
Silver nisab0
Gold nisab0
01Cash and bankEverything liquid on your zakat date0
Cash in hand
Current and savings accounts
Fixed depositsCapital only. Interest is not yours to keep or to pay zakat on.
Digital wallets and prepaid balances
Money set aside for a future purposeHajj savings, a wedding fund, a deposit. Still yours, still zakatable.
Foreign currency heldConverted into your currency
02GoldBy weight and carat, or by value0
By weight
Gold you ownPurity is applied automatically
A second holding, different carat
Of that, worn as personal jewellery
By value
Coins, bars or other gold you already valued
Weight allowances many scholars permit: deduct roughly 2% for stones set into jewellery and about 25% for kundan work, since the setting is not gold. Enter the adjusted weight above.
03SilverJewellery, utensils, artefacts, bullion0
Silver you own
Silver you already valued
Household silver counts in full: cutlery, crockery, trays and decorative pieces. It is not exempt for being in daily use.
04Investments and savingsShares, funds, pensions, crypto0
Shares held to tradeFull market value on your zakat date
Shares held long termEnter the zakatable share of the company's assets if you know it, otherwise use about 25% of market value as a common estimate.
Dividends received and still held
Mutual funds, unit trusts, sukuk
Pension or provident fund, your accessible balanceYour own contributions plus any portion you could withdraw today
CryptocurrencyMarket value on your zakat date
Takaful or insurance, surrender value
Government deposits and refundable securities
05Money owed to youOnly what you expect to actually recover0
Loans you gave to family or friends
Salary, fees or refunds due to you
Rental income received and still held
Leave out anything you have effectively written off. A doubtful debt becomes zakatable in the year it is actually repaid.
06BusinessStock in trade, receivables, payables0
Saleable stock, at landed cost
Damaged or dead stock, at scrap value
Raw materials and finished goods
Owed to you from credit sales
Business cash and bank balances
Less: owed to your suppliers
Less: bad debts written off
Partnership share
Your capital balance, last accounts
Loans you advanced to the firm
Your estimated profit since then
Less: your drawings this year
Premises, machinery, vehicles and fixtures carry no zakat. Only what you bought to sell, and the cash the business holds.
07PropertyHeld to sell, not to live in0
Land or property bought to resellCurrent market value
Not zakatable: the home you live in, however many you own for family use, and property you rent out. Rent you have already collected and still hold does count, and belongs in section 05.
08What you oweDeductible within the next 12 months0
Borrowed money and goods bought on credit
Loan and mortgage instalments due in the next 12 monthsOnly the coming year, not the whole outstanding balance
Rent, utilities and bills already due
Wages owed to staff
Tax due now or overdue
Do not deduct bills that are not yet due, long term debt beyond the next 12 months, or any interest element. Interest is not a debt Islam recognises for this purpose.
09Farm produceUshr, calculated separately0
Ushr is a separate obligation with its own rules. It falls due at every harvest, not once a lunar year, and its threshold is roughly 653 kg of the crop, not the cash nisab. It is kept out of the figure above and reported on its own.
Value of produce watered by rain or springs10%
Value of produce watered by pump, canal or well5%
Value of produce watered by both7.5%
10Grazing livestockPaid in animals, not in cash—
Livestock zakat is not a percentage of value. It follows fixed bands and is paid in animals. Any calculator that charges you 2.5% of your herd's worth is wrong. Enter your numbers and this will tell you what is actually due.
Sheep and goats, free grazing, over one year
Cattle and buffalo, free grazing
Camels, free grazing
Poultry, fish farms and stall fed animals raised to sell are trade stock, not grazing livestock. Put their value in section 06 instead.

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This is sadaqah, not zakat. Your zakat belongs to the eight categories entitled to receive it, and this does not count as one. Please pay your zakat to them separately.
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Free to use, kept free by people like you

If this helped, help it keep going

This calculator will always be free, with no ads and no account. Your gift keeps it online and supports the work behind it: building tools and media that serve the Muslim community, and supporting the person who maintains them.

This is sadaqah, not zakat. Your zakat belongs to the eight categories entitled to receive it, and this does not count as one. Please pay your zakat to them separately.
Give whatever you wish

You set the amount on PayPal's secure page. No minimum, no card details shared with us, and nothing you typed above travels with it.

Zakat due 0

Your zakat summary

Send it to yourself, or to whoever pays it with you.

The short answer

Zakat on cash is 2.5% of what you hold on your zakat date, once your total wealth passes the nisab and has been held for one lunar year. This includes cash in hand, bank balances, fixed deposits, and money set aside for any purpose. It is paid on savings, not income.

Is zakat due on cash and savings?

Yes. Cash is the most straightforward of all zakatable assets. Every unit of currency you hold is zakatable, whether it sits in your wallet, a current account, a savings account, a fixed deposit, or a digital wallet. The rate is 2.5%, applied to the total you hold on your zakat date, provided that total, together with your other wealth, is above the nisab and has been held for one lunar year.

Savings, not income: the key distinction

The single most common confusion about zakat is whether it applies to what you earn or what you keep. The answer is clear: zakat applies to held wealth, not income. You are not assessed on your annual salary. You are assessed on whatever remains in your possession on your zakat date. Someone who earns a large salary but spends it all owes no zakat on it, while someone who saves steadily owes 2.5% of those savings each year. This is why zakat is a tax on accumulated wealth rather than an income tax.

How to calculate zakat on cash

  1. Total all your cash. Add cash in hand, current and savings accounts, fixed deposits (capital only), digital wallets, and foreign currency converted to your currency.
  2. Add money set aside. Include savings earmarked for Hajj, a wedding, a house deposit, or any future purpose. It is still your wealth.
  3. Check against the nisab. Combined with your other assets, if the total is above the nisab, continue.
  4. Take 2.5%. That is your zakat on cash.
A worked example

Say you hold 6,000 in your current account, 9,000 in savings, and 5,000 set aside for Hajj. That is 20,000 in cash. If you owe 2,000 due this month, your net is 18,000, above the nisab. Your zakat is 18,000 × 2.5% = 450.

What counts as cash for zakat

  • Cash in hand and physical currency at home
  • Current and savings accounts at their full balance
  • Fixed deposits at their capital value (not the interest)
  • Digital wallets and prepaid balances
  • Money set aside for Hajj, weddings, deposits or any future plan
  • Foreign currency, converted to your currency at today's rate

Fixed deposits and interest

The capital in a fixed deposit or savings certificate is fully zakatable. However, any interest it earns is not lawfully yours to keep in Islam, and should be given away to the needy without expecting reward, not spent and not counted as part of your wealth. When calculating zakat, include the principal you deposited, not the interest accrued.

When is zakat on cash due?

Zakat on cash follows the same lunar-year rule as all wealth zakat. Once your wealth is above the nisab, you assess it on your zakat date each year. You do not track every payment in and out during the year; you simply look at what you hold on the day. To understand the threshold and timing, see Nisab Today.

Related pages

Cash is usually part of a bigger picture, so see also Zakat on Gold, Zakat on Shares and Crypto, or the full Zakat Calculator which combines everything.

Frequently asked questions

Is zakat due on savings or income?

On savings, not income. Zakat is paid on what you still hold on your zakat date, not on what you earned during the year. Salary spent carries no zakat; salary saved does.

How much zakat on cash?

Zakat on cash is 2.5% of the total you hold, provided your wealth is above the nisab and has been held for one lunar year. On 10,000 of savings, the zakat is 250.

Do I pay zakat on money saved for Hajj or a house?

Yes. Money set aside for a future purpose is still your wealth and still zakatable.

Is zakat due on a fixed deposit?

Yes, on the capital. The principal is zakatable at its full value. Any interest earned is not yours to keep and should be given away, not counted as wealth.

Do I pay zakat if I spend all my salary?

No. If you have no savings left on your zakat date, there is no cash to pay zakat on. Zakat is a tax on held wealth, not earnings.

This calculator gives a reliable estimate for ordinary situations and is not a substitute for a scholarly ruling. For complex finances, consult a qualified scholar.