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Zakat 🕑 7 min read 📅 Ramadan 2026

Zakat on Gold 2026: How to Calculate and Pay

If you own gold above the Nisab threshold, you must pay Zakat on it. Here is exactly how to calculate it.

Gold is one of the primary assets on which Zakat is obligatory. If you own gold — whether as jewellery, coins, or investments — you may owe Zakat on it.

The Gold Nisab Threshold

Zakat on gold becomes obligatory when you own 87.48 grams (approximately 7.5 tolas or 3 ounces) of gold or more. At 2026 gold prices, this equates to approximately £4,800-£5,200.

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Do I Pay Zakat on Gold Jewellery I Wear?

This is a matter of scholarly difference:

  • Hanafi school: Yes — Zakat is due on all gold, including jewellery worn regularly
  • Shafi'i, Maliki, and Hanbali schools: Generally no — gold worn regularly as personal adornment is exempt

If in doubt, many scholars advise paying Zakat on all gold to be safe.

How to Calculate Zakat on Gold

  1. Weigh all your gold (or have it valued by a jeweller)
  2. Determine the current market value per gram
  3. Multiply weight × price per gram = total gold value
  4. If total exceeds Nisab (87.48g), pay 2.5% of the total value

Example

You own 120g of gold. Gold price is £55/gram.

120g × £55 = £6,600. Zakat due = £6,600 × 2.5% = £165

Pay Your Zakat on Gold

Fulfil your Zakat obligation through our Zakat Distribution (Cash) project. 100% of your Zakat reaches verified eligible recipients.

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Muslims In Need Editorial Team

Expert Islamic knowledge combined with humanitarian experience. Charity Commission Registered No. 1158317.

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