Reviewed quarterly and updated when provider data, product availability, or pricing changes.
Calculate Your Zakat in Minutes
Simple & Clear
How Zakat Works
Four simple steps to fulfill your obligation with confidence.
Check Nisab
Determine if your total wealth exceeds the minimum threshold (based on gold or silver value).
Calculate 2.5%
Add up all eligible assets - cash, investments, gold, business - and subtract debts.
Verify Hawl
Ensure your wealth has been above Nisab for one full lunar year (354 days).
Pay Your Zakat
Distribute to eligible recipients. Many pay during Ramadan for multiplied rewards.
Full Asset-by-Asset Breakdown
Enter each asset category for a precise calculation. Zakat is 2.5% of eligible wealth above the Nisab threshold.
Your Zakat Due
₦0
Net Assets
₦0
Start Entering Assets
Open a section and enter your assets
Get Zakat Reminders 🌙
Ramadan reminders, Zakat tips, and halal finance insights.
This calculator provides estimates for guidance. Consult a qualified Islamic scholar for complex situations. Nisab values are based on live metal prices and may fluctuate.
Important: HalalWallet provides educational information and comparisons to help you explore halal financial options. We do not provide financial, legal, or religious advice. Product structures and Shariah compliance oversight vary by provider. Always verify halal compliance directly with providers and consult with qualified Islamic finance advisors or scholars for guidance on specific products and your individual circumstances.
Zakat by Asset Type
Detailed guides for calculating Zakat on each type of asset you own.
Zakat Calculator
Full interactive calculator with live Nisab thresholds
Cash & Savings
Current and savings accounts, cash, and committees
Stocks & Investments
Shares, ETFs, mutual funds & portfolios
Cryptocurrency
Bitcoin, Ethereum & digital assets
Real Estate
Investment properties, rental income & land
Business Assets
Inventory, receivables & business cash
Zakat FAQ
Common questions about Zakat obligations
Zakat Deep-Dive Guides
Zakat on Cash and Savings →
Bank balances, cash at home, and contribution schemes like adashe and esusu.
Zakat on Shares and Funds →
NGX shares, Islamic fund units, and how purification differs from Zakat.
Zakat on Property and Land →
Trading intent vs personal use: when plots and buildings are zakatable.
Zakat on Business Assets →
Inventory, receivables, and business cash for traders and SMEs.
Zakat FAQ →
Nisab, hawl, distribution, and the questions Nigerians ask most.
Where to Give Zakat
Whether you give through a State Zakat Board, a trusted Islamic charity, or directly to eligible recipients, our FAQ covers how Zakat collection and distribution actually work in Nigeria, and what to check before giving privately.
🤲 Read the Zakat FAQYour Halal Finance Journey
After calculating your Zakat, explore Shariah-compliant options for investing, home financing, and banking across Nigeria, from non-interest savings accounts to Fund VI pensions.
Related Halal Finance Guides
Continue your halal finance journey with these resources.
Halal Investing →
Compare Shariah-compliant investment platforms
Halal Bank Accounts →
Interest-free current and savings accounts
Halal Retirement Planning →
Plan for retirement the halal way
Halal Home Financing →
Shariah-compliant mortgage options
Business Financing →
Shariah-compliant business loans
Zakat FAQ →
Common questions about Zakat in Nigeria answered
Frequently Asked Questions
Common questions about Zakat and Islamic charitable giving
Need More Information?
Download our comprehensive Zakat handbook for detailed guidance on calculations, eligible assets, and Islamic principles of charitable giving.
Download Complete Zakat HandbookQuick Answer
Zakat is a compulsory 2.5% annual levy on wealth held above the Nisab threshold for a lunar year, one of the five pillars of Islam. Nigerian banks do not deduct Zakat automatically; calculating and paying it is your own responsibility. Several Sharia-implementing states run voluntary State Zakat Boards. Use our free naira calculator for cash, gold, shares, funds, property held for trade, and business assets.
Key Takeaways
- Zakat rate is 2.5% on wealth above Nisab: 87.48g of gold or 612.36g of silver by weight.
- No Nigerian bank deducts Zakat automatically; self-calculation covers all your assets.
- State Zakat Boards in Sharia-implementing states collect and distribute Zakat on a voluntary basis.
- Zakat falls due on the lunar anniversary of crossing Nisab; Ramadan payment is customary, not required.
- Our free calculator covers all major asset categories in naira.
Sources and review process
This page is reviewed against HalalWallet editorial standards and source documentation.
Reviewed by: HalalWallet Editorial Team
Last reviewed: 2026-03-06
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