Islamic Finance Calculators

Managing wealth in accordance with Islamic principles requires specific tools that account for Sharia-compliant financial structures. Our Islamic finance calculators help Muslims fulfill their religious obligations and make sound financial decisions without compromising on faith. Use the Zakat calculator to determine exactly how much you owe each year based on your total qualifying assets. Check whether your wealth meets the Nisab threshold using current gold and silver prices. Calculate Zakat Al-Fitr before Eid al-Fitr, determine Zakat due on gold holdings, or plan home purchases using a Halal mortgage model that avoids interest-based lending. Each tool follows established Islamic jurisprudence and provides clear, transparent results.

Frequently Asked Questions

How is Zakat calculated?

Zakat is 2.5% of your total qualifying wealth held for one lunar year, provided it exceeds the Nisab threshold. Qualifying assets include cash, savings, gold, silver, investments, and business inventory minus any debts owed.

What is the Nisab threshold?

Nisab is the minimum amount of wealth a Muslim must possess before Zakat becomes obligatory. It is defined as the value of 87.48 grams of gold or 612.36 grams of silver. The silver-based threshold is lower and more commonly used.

What is the difference between Zakat and Zakat Al-Fitr?

Zakat is an annual obligation on accumulated wealth above Nisab. Zakat Al-Fitr (Fitrana) is a smaller, fixed charity given before Eid al-Fitr prayers, typically equivalent to the cost of one meal per family member, meant to purify the fasting person and feed the needy on Eid.

How does a Halal mortgage differ from a conventional mortgage?

A Halal (Sharia-compliant) mortgage avoids interest (riba). Common structures include Murabaha (cost-plus financing), Ijara (lease-to-own), and Diminishing Musharaka (declining partnership). Our calculator models these payment structures so you can plan accordingly.

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