| Zakat Calculator | |||||
| (Use Only YELLOW cells to fill Values. Please refer to the Appendix Sheet for more explanations on Each Section) | |||||
| Weight in GMS | Price/Gm | Estimated Value | Zakat Payable | ||
| 1 | ZAKAT ON GOLD | ||||
| 24 Carat Gold/Jewelry | .00 | - | |||
| 22 Carat Gold/Jewelery | .00 | - | |||
| 18 Carat Gold/Jewelry | .00 | - | |||
| Other Gold Valuables. (Pls insert the Current Estimated Value) | - | ||||
| 2 | ZAKAT ON PRECIOUS STONES | ||||
| Calculate the nett Market Value of the Precious stones like Diamonds, Rubies, Etc. and add them to the Estimated Value Column | - | ||||
| 3 | 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 | .00 | - | |||
| 4 | ZAKAT ON CASH IN HAND /BANK | Actual Value | |||
| Cash in Hand | - | ||||
| Cash in Bank in Savings Accounts | - | ||||
| Cash in Bank in Current Accounts | - | ||||
| Cash held in Fixed Deposits | - | ||||
| 5 | ZAKAT ON LOANS / INVESTMENTS/ FUNDS/ SHARES, ETC | Actual Value | |||
| 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. Take their market value on the date of calculation | - | ||||
| Government Security Deposits, ADRs, etc | - | ||||
| Investment in Private Chits, Funds, etc | - | ||||
| Other Sources of Wealth | - | ||||
| 6 | ZAKAT ON LANDED PROPERTY | Estimate Value | |||
| Landed Property held as an Investment / Business (Estimate the current Maket Value) | - | ||||
| 7 | 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 | .00 | - | |||
| 8 | 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) | |||||
| NETT TOTAL WORTH CALCULATED | .00 | - | |||
| 9 | ZAKAT ON AGRICULTURAL PRODUCE | Value of 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 | - | ||||
| 10 | ZAKAT ON ANIMALS & POULTRY & FISH FARMING | Total Value | |||
| Animals/ Birds more than 6 months Old - @ 1 Animal or Bird PER 40 either in Kind or Value of the same. | - | ||||
| 11 | 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 | .00 | .00 | |||
| TOTAL ZAKAT PAYABLE | .00 | ||||