What is the zakat rate?

The zakat rate is 2.5% (1/40) of net assets that exceed the nisab threshold. This applies to gold, silver, cash, foreign currency, commercial goods, and investments after deducting due debts.

Which assets are subject to zakat?

Zakat applies to gold and silver (including jewelry), cash savings (TRY, USD, EUR), commercial goods held for trade, stocks and investment funds. Personal items like your primary residence, vehicle, clothing, and basic household goods are exempt.

Is zakat required on personal gold jewelry?

According to the Hanafi school of Islamic jurisprudence, which is predominant in Turkey, zakat is required on gold and silver jewelry regardless of whether it is worn or stored. However, different schools of thought may vary. Consult your local religious authority for guidance specific to your situation.

How is the zakat calculation period determined?

Zakat becomes obligatory after one lunar (Hijri) year has passed since your assets first reached the nisab threshold. The calculation is based on the value of your assets on the anniversary date.

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Q: What is the nisab threshold for zakat in 2026?

The nisab threshold for zakat is 80.18 grams of 24-karat gold, as determined by the Diyanet (Turkish Presidency of Religious Affairs). This amount is calculated using live gold prices to determine the current TRY equivalent.

Zakat Calculation Guide

What is Zakat?

Zakat is one of the five pillars of Islam and represents an obligatory annual charitable contribution. It requires Muslims who possess wealth above a minimum threshold (nisab) to donate 2.5% of their qualifying net assets to those in need.

How Nisab is Determined

The nisab threshold is set at 80.18 grams of 24-karat gold (or 561.2 grams of silver) as determined by the Diyanet (Turkish Presidency of Religious Affairs). This calculator uses live Kapalıçarşı gold prices to calculate the current TRY equivalent of the nisab, ensuring your calculation is always up to date.

Exempt Assets

The following are not subject to zakat: your primary residence, personal vehicle, clothing and basic household goods, tools used for your profession, and debts owed to you that are unlikely to be collected.

Important Notes

The zakat year is based on the lunar (Hijri) calendar, which is approximately 354 days. Gold jewelry prices shown here are based on raw gold weight and do not include craftsmanship value. For definitive rulings, consult your local religious authority or the Diyanet.

Frequently Asked Questions

What is the nisab threshold for 2026?

The nisab threshold is 80.18 grams of 24-karat gold. This calculator automatically calculates the current TRY equivalent using live Kapalıçarşı prices.

Is zakat required on gold jewelry that I wear?

According to the Hanafi school predominant in Turkey, zakat is required on gold and silver jewelry regardless of use. Other schools may differ. Consult your local religious authority.

How are debts handled in zakat calculation?

Due debts (those you owe and are payable now) are deducted from your total assets before checking the nisab threshold. If your net assets after debt deduction fall below the nisab, zakat is not required.

Data & Methodology

Gold and silver prices are sourced from Kapalıçarşı free market data. Nisab is calculated as 80.18 grams of 24-karat gold per Diyanet standards. Foreign currency conversions use live exchange rates. This tool provides reference calculations and is not religious or financial advice.

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