Calculate and track zakat for savings, gold, silver and investments
This App helps you to calculate Zakat on Cash, Gold Value, Silver Value, Investment Value of property or share.
Nisab: your asset is more than value of 87.48gm of gold or 612.36gm of silver. Nisab for Cash can be either Gold or Silver according to your local practice or living cost (silver is safer).
Maturity of Savings: Zakat is payable when your least value of savings attain 1 lunar year(~11days less than Gregorian).So it is possible that you will have different savings amount attaining maturity (1 year) at different time. This app helps to track the savings on monthly basis.
Maturity of Investment: For investment the value after 1 year (regardless of high or low) is considered as value to calculate zakat.
Adding monthly data: investment value need to be added every month to get proper assessment on 12th month. Previous month values will be copied to missing month. Entering 0 or empty for any month will lead to restart maturity count from next month.
Caution:
1. Nisab is not considered in calculation, its your responsibility to assess
2. Debt is excluded in some of the Fiqh, its your responsibility to decide based on your fiqh/tradition
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