Zakat Calculator Dubai 2024 — Gold & Silver
Calculate your Zakat on gold, silver, cash, and business assets using live Dubai gold prices. Includes Nisab threshold in AED.
Nisab Threshold Type
Gold & Silver
Cash & Bank Savings (AED)
Business & Other Assets (AED)
Deductible Debts (AED)
Only immediate debts (due within 12 months) are deductible
☪️ Islamic Guidance on Zakat
- Zakat is obligatory when your net wealth exceeds the Nisab threshold
- Wealth must be held for one full Islamic (lunar) year (Hawl)
- Zakat rate is 2.5% of your total zakatable wealth
- Gold and silver used as jewellery: opinions vary — consult your scholar
- This calculator is a guide. Always verify with a qualified Islamic scholar.
Summary
How to Calculate Zakat on Gold in Dubai
Zakat (زكاة) is one of the Five Pillars of Islam — a mandatory annual charity of 2.5% of a Muslim's accumulated wealth above the Nisab threshold. In the UAE, with one of the world's highest per-capita gold holdings, Zakat on gold is particularly significant.
Nisab Threshold in Dubai (2024)
The Nisab is the minimum amount of wealth a Muslim must have before Zakat becomes obligatory. There are two ways to calculate Nisab:
- Gold Nisab: 85 grams of 24K gold. At current Dubai prices (~AED 290/g), this equals approximately AED 24,650.
- Silver Nisab: 595 grams of silver. At current rates, this equals approximately AED 11,000–12,000.
Many scholars recommend using the silver Nisab as it is more inclusive and helps more Muslims fulfill their Zakat obligation.
Zakat on Gold Jewellery
There are different scholarly opinions on Zakat for gold jewellery worn regularly. The Hanafi school holds that Zakat is due on all gold regardless of use. The Shafi'i and Maliki schools have varying conditions. For gold jewellery held for investment or not regularly worn, Zakat is almost universally due. We recommend consulting your imam or Islamic scholar for your specific situation.
When to Pay Zakat
Zakat is due after one full Hawl (Islamic lunar year) of owning wealth above the Nisab. Many Muslims calculate and pay their Zakat during Ramadan for extra reward. In the UAE, major charities and mosques provide Zakat collection and distribution services.