| Weight in Grams | Price/Gm | Estimated Value | Zakat Payable | ||
|---|---|---|---|---|---|
| 1 | ZAKAT ON GOLD (2.5%) | ||||
| 1a | 24 Carat Gold/Jewelry | ||||
| 1b | 22 Carat Gold/Jewelry | ||||
| 1c | 18 Carat Gold/Jewelry | ||||
| 1d | Other Gold Valuables. (Pls insert the Current Estimated Value) | ||||
| 2 | ZAKAT ON PRECIOUS STONES (2.5%) (Please refer to notes) | ||||
| Calculate the nett Market Value of the Precious stones like Diamonds, Rubies, Etc. and add them to the Estimated Value Column if they are purchased for commercial purpose. | |||||
| 3 | ZAKAT ON SILVER (2.5%) | ||||
| Include Household Silver Utensils, Artefacts, and Jewelery. For Utensils, usually the silver is 90% pure so take 90% of the total weight | |||||
| 4 | ZAKAT ON CASH IN HAND /BANK (2.5%) | Actual Value | |||
| 4a | Cash in Hand | ||||
| 4b | Cash in Bank in Savings Accounts | ||||
| 4c | Cash in Bank in Current Accounts | ||||
| 4d | Cash held in Fixed Deposits | ||||
| 5 | ZAKAT ON LOANS / INVESTMENTS/ FUNDS/ SHARES, ETC (2.5%) | Actual Value | |||
| 5a | Loans Receivable from Friends and Relatives | ||||
| 5b | Investment in Govt Bonds/ Mutual Funds/ etc | ||||
| 5c | Optional Provident Fund balance | ||||
| 5d | Cash Value of Takaful Policies | ||||
| 5e | Value of Shares (stocks) including Dividends. Take their market value on the date of calculation | ||||
| 5f | Government Security Deposits, ADRs, etc | ||||
| 5g | Investment in Private Chits, Funds, etc | ||||
| 5h | Investment in Cars Business etc. | ||||
| 6 | ZAKAT ON LANDED PROPERTY (2.5%) | Estimate Value | |||
| 6a | Landed Property held as an Investment / Business (Estimate the current Maket Value) | ||||
| 6b | Zakat on Rentals Coming from Property (Any amount remaining after Deducting for all expenses) | ||||
| 7 | ZAKAT ON BUSINESS (2.5%) ---------- (STOCK-IN-TRADE) | ||||
| 7a | Value of Saleable Stock | ||||
| 7b | Value of Damaged / Dead Stock | ||||
| 7c | Amount Receivable from Credit Sales | ||||
| 7d | LESS: Amount Payable to Suppliers (Credit taken from suppliers for stocking goods) | ||||
| 7e | LESS: Bad Debts | ||||
| TOTAL VALUE OF STOCK ( 7a+7b+7C-7d-7e) | |||||
| 8 | ZAKAT ON SHARE IN PARTNERSHIP FIRMS (2.5%) | ||||
| 8a | Capital Balance as per Last balance Sheet | ||||
| 8b | Loans Advanced by you to the Firm as of Date | ||||
| 8c | LESS: Withdrawals made by you during the current Year. | ||||
| 8d | 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 | |||||
| 11 | GENERAL LIABILITIES - You need to deduct your direct Payables or Liabilities which have not been deducted earlier - Usage of the loan should have been on Zakatable Wealth only. | ||||
| 11a | Loans/ Debts which are to be paid back | ||||
| 11c | Income Tax / Wealth Tax Payable (which is already counted towards your wealth) | ||||
| TOTAL LIABILITIES | |||||
| TOTAL ZAKAT PAYABLE | |||||
Disclaimer: This calculator gives a useful idea for assessment of zakat on some of the assets, but Zakat and Ushr department cannot guarantee the correctness of calculations made via this calculator. Persons wishing to deposit their zakat with Provincial Zakat Fund Punjab are welcome to contact the Administrator Zakat Punjab 2-Court Street Lahore for assistance in calculating and depositing their zakat.