Work out zakat on business assets instantly with clear inputs, formula shown and shareable results.
Business zakat is generally assessed on trading assets — cash, receivables and inventory held for sale — less liabilities falling due, with fixed assets used in the business excluded. If the net figure equals or exceeds the nisab and has been held for a lunar year, the customary rate is 2.5%.
Net zakatable assets
Net = Cash + Receivables + Tradeable inventory - Short-term liabilities
Zakat due
Zakat = Net zakatable assets x 2.5%, if net >= nisab
Indicative calculation using commonly applied rules. Treatment of receivables, bad debts, work in progress, the nisab basis and the lunar-year condition differ between schools of jurisprudence. Consult a qualified scholar or zakat authority.
Generally no — premises, machinery and vehicles used in the business are excluded. Property or equipment held for resale is inventory and is included.
Most scholars use current market selling value at the zakat date rather than historical cost.