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Zakaat Calculator

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Zakaat Calculator

The Zakaat Calculator is a dedicated tool designed to assist with transparent and structured wealth assessments based on Islamic finance principles. This script dynamically references live gold and silver prices, applies Nisab thresholds, and evaluates whether Zakaat is obligatory based on the user’s net worth.

Core Features

Live market data: Automatically fetches daily gold and silver prices (TVC:GOLD & TVC:SILVER).
Nisab thresholds: Choose between the gold standard (85g) or silver standard (595g) to set the eligibility baseline.
Flexible inputs: Enter your current holdings across gold, silver, investments, and cash.
Automated calculation: Compares your total net worth against the selected Nisab threshold and calculates the payable Zakaat at a customizable percentage (default 2.5%).
Clear visualization: Results are displayed in a structured on-chart table for full transparency, including thresholds, holdings, total net worth, and final Zakaat due.

Practical Use
This tool is built for individuals who want a precise, real-time view of their Zakaat obligations. By combining faith-based calculation rules with live market data, it ensures accuracy and ease of use.

Note
This indicator is designed for educational and personal financial planning purposes. It may also be used for broader applications such as donations or calculating contributions towards charitable causes. Always consult with qualified scholars or financial advisors for personal guidance.

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