- Use
this form to determine the amount of Zakaat due on your wealth.
- This
form does not cover all Zakaat able items but only the most common
ones.
- There
are many details needed in Zakaat calculation. You can refer to
a complete manual such as: The Calculation of Zakaat for Muslims
in North America by Dr. Monzer Kahf.
Due
Date: Immediately after on year starting from
- The
first day your acquired Nisab for the first time or
- The
day you paid Zakaat last year.
Item
Description:
| 1.
Cash on hand and in banks (deposit, savings, checking, etc.)
|
$_________ |
| 2.
Share, stocks, bonds securities-options, commercial papers,
ect. |
$_________ |
|
3.
Gold, silver and their certificates and men's jewelry.
|
$_________ |
|
4.
Business net worth private business or your share in partnership
(Total assets less liabilities)
|
$_________ |
|
5.
Real Estate (house occupied by you not included): Net Worth
= Total less mortgages and loans against real estate.
|
$_________ |
|
6.
Women's jewelry (that which is not worn)
|
$_________ |
|
7.
Value of cars more than the number of working persons in the
family.
|
$_________ |
Total
Zakaatable amount (add 1 through 7) $____________
Zakaat(Total amount * 0.025) $____________
Less any payments already made towards Zakaat $____________
Net Balance Due $____________
|