Zakat Calculator, Calculate Zakat
Zakat calculator: Zakat is one of the Five Pillars of Islam, mandatory for all Muslims. Zakat is a charitable contribution and is considered as a tax. Zakat is based on income and the value of all of one’s possessions. It is customarily 2.5% of a Muslim’s total income, savings and wealth above a minimum amount known as Nisab. If your Net Assets value exceeds the Nisab threshold, you are obliged to pay 2.5% of the Net Assets value as your Zakat.
ZAKAT CALCULATOR BY BREAST CANCER SUPPORT
Breast Cancer Support has made the process of calculating Zakat very simple. We are the only breast cancer charity within the UK that accepts Zakat donations for breast cancer patients in poor countries. Our Zakat Calculator tool does all the Zakat calculations for you. Please donate your zakat and make a difference. If you want to work out exactly how much Zakat you need to pay, you can use our Zakat calculator. All you need to do is put in a few numbers and our Zakat calculator will figure out your Zakat for you.
Can I Gift Aid my Zakat payment?
Yes! Gift Aid is a valuable tax concession that does not cost donors a penny. It enhances the value of donations made to registered charities by 25% and can be made by all UK tax payers.
It is simple to allow Breast Cancer Support to claim Gift Aid – just tick the box on the web page or form when you make a donation.