Guideline of the colors used in this calculator: Added to your zakat payable Deducted from your zakat payable
ZAKAT ON
GOLD
Wt in gms
Price
Value
Zakat
24 Carat Gold/Jewelry
22 Carat Gold/Jewelery
18 Carat Gold/Jewelry
Other Gold Valuables. (Pls insert
the Current Estimated Value)
ZAKAT ON
PRECIOUS STONES
Calculate the net Market Value of
the Precious stones like Diamonds, Rubies, Etc.
and add them to the Estimated Value Column
ZAKAT ON
SILVER
Include Household Silver Utensils, Artefacts,
and Jewelery. For Utensils, usually the silver
is 90% pure so take 90% of the total weight
ZAKAT
ON CASH IN HAND /BANK
Cash in Hand
Cash in Bank in Savings Accounts
Cash in Bank in Current Accounts
Cash held in Fixed
Deposits
ZAKAT ON
LOANS / INVESTMENTS/ FUNDS/ SHARES, ETC
Loans Receivable from
Friends and Relatives
Investment in Govt
Bonds
Provident Fund Contribution
to date.
Insurance Premiums
including bonus up to date
Value of Shares (stocks)
including Dividends.
Government Security
Deposits, ADRs, etc
Investment in Private
Chits, Funds, etc
Other Sources of Wealth
ZAKAT ON
LANDED PROPERTY
Landed Property held
as an Investment / Business (Estimate the current
Maket Value)
ZAKAT
ON BUSINESS
Value of Saleable
Stock
Value of Damaged /
Dead Stock
Amount Receivable
from Credit Sales
LESS: Amount Payable
to Suppliers (Credit taken from suppliers for
stocking goods)
LESS: Bad Debts
TOTAL VALUE OF STOCK
ZAKAT ON
SHARE IN PARTNERSHIP FIRMS
Capital Balance as
per Last balance Sheet
Loans Advanced by
you to the Firm as of Date
LESS: Withdrawals
made by you during the current Year.
Accumulated Profit
from the date of Balance Sheet to this Date (Estimate
the Profit Value as it is difficult to get exact
figures in the middle of Accounting Year)
NET TOTAL WORTH CALCULATED
ZAKAT ON
AGRICULTURAL PRODUCE
Produce Dependent
on Rain Water - @ 10% of product (crop) in Value
or Kind
Produce totally dependent
on Artificial Irrigation like Canal, Tank, Borewell,
etc. - @ 5% of Produce (crop) in Value or in Kind
Produce dependent
Partially on Rain Water and Partially on Artificial
Irrigation - 7.5% of the Produce Value or in Kind
ZAKAT ON
ANIMALS & POULTRY & FISH FARMING
Animals/ Birds more
than 6 months Old - @ 1 Animal or Bird PER 40
either in Kind or Value of the same.
GENERAL
LIABILITIES - You need to deduct your direct Payables
or Liabilities which are not deducted above
Loans taken from from
Friends / Relatives
Loans Taken from Banks
/ Institutions
Income Tax / Wealth
Tax Payable
TOTAL LIABILITIES
TOTAL ZAKAT PAYABLE
