# Zakat Calculator – Find your payable Zakat amount

Find Your Payable Zakat Amount on your total savings and assets for a complete your on October 4, 2023

**Find your payable Zakat amount**

**What is Zakat**

Zakat is an Islamic term for financial matters. All Muslims are required to pay the zakat amount on their savings and wealth of 1 year. The rate of Zakat is 2.5% of the total savings and wealth during a year. Zakat is mandatory for all Muslims and it is part of worship. It is due when a certain amount equal the worth of 7 tola Gold is saved over a period of one year

For example Mr. Ali has 1 Million rupees since last year then he have to pay 2.5% of that 1 Million rupees which is 25000 PKR.

Shukriya Alhamdulillah kaseera

Zakat is NOT MANDATORY on all Muslims

It is due when a certain amount equal the worth of 7tola Golf is saved over a period of one year

Correct the paragraph please