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Zakat Guide 2026

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Zakat Guide 2026

Everything you need to know about calculating and giving your Zakat this year.

What is Zakat?

Zakat is one of the Five Pillars of Islam — an obligatory act of worship that purifies your wealth and helps those in need. Muslims who meet the nisab threshold must give 2.5% of their qualifying wealth annually.

Nisab Threshold 2026

Gold Nisab: ~£5,200 (87.48g of gold)

Silver Nisab: ~£450 (612.36g of silver)

Values fluctuate with market prices. Check current rates before calculating.

What Qualifies for Zakat?

  • Cash and bank balances
  • Gold and silver (including jewellery)
  • Stocks, shares, and investments
  • Business stock and inventory
  • Money owed to you (expected to be repaid)
  • Rental income

What Doesn’t Qualify?

  • Your primary home
  • Personal vehicle
  • Household furniture and items
  • Debts you owe (deduct from total)

Who Can Receive Zakat?

The Quran specifies eight categories of Zakat recipients (Surah At-Tawbah 9:60): the poor (al-fuqara), the needy (al-masakin), Zakat administrators, those whose hearts are to be reconciled, freeing slaves, those in debt, in the cause of Allah, and travellers in need.

How to Calculate Your Zakat

Step 1: Add up all qualifying assets

Step 2: Subtract any debts you owe

Step 3: Check if total exceeds nisab threshold

Step 4: Calculate 2.5% of total

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