🕌 What is Zakat and Why is it Important?

Zakat is one of the five pillars of Islam — a mandatory act of worship that purifies wealth and helps support those in need. It is not just charity, but an obligation for Muslims whose wealth exceeds a minimum amount (known as Nisab).

According to Islamic teachings, eligible Muslims must give 2.5% of their qualifying wealth once a lunar year passes.

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💰 What Assets are Zakatable?

You must pay Zakat on the following:

• Gold and silver (jewelry or bullion)
• Cash in hand or bank
• Business inventory
• Savings and investments

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📏 How is Zakat Calculated?

Zakat is calculated as:

Total Zakatable Assets – Liabilities × 2.5%

For example:

• 50 grams of gold × current gold price
• 200 grams of silver × silver price
  • cash and bank savings
• = total wealth
• Then multiply by 0.025 to get your Zakat

You must own wealth above the Nisab threshold (approx. 85g of gold or 595g of silver) for a full lunar year.

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🌍 Why Use a Zakat Calculator?

Using a Zakat calculator makes your obligation easy and accurate, especially with live gold and silver prices. It helps:

• Avoid underpayment or overestimation
• Track your yearly Zakat consistently
• Understand your wealth in a transparent way

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📌 Final Note

Zakat is a right of the poor and a means of purification for the wealthy. Fulfill it with intention and precision — and make your wealth a source of barakah.