What is nisab? Today’s gold and silver value in £

Multiply the price per gram of pure metal by the nisab weight. This site uses 612.36g of silver and 87.48g of gold:

• Silver nisab = 612.36 × silver price per gram
• Gold nisab = 87.48 × gold price per gram

For example, at an illustrative £1.50 per gram of silver, silver nisab is £918.54. At £100 per gram of gold, gold nisab is £8,748. The panel above uses the dated reference price instead of these illustrations.

The hadith sets the thresholds as 200 dirhams of silver and 20 dinars (mithqal) of gold. Converting those coins to modern weights gives 612.36g and 87.48g in the convention this site uses. Another widely used conversion gives 595g of silver and 85g of gold, about 3% lower. Both are recognised; follow one coherent method rather than mixing weights from different calculators.

Our calculator defaults to silver and offers gold. Silver produces a much lower threshold, so more people meet it, and many UK organisations use it for cash and mixed wealth. Some scholars apply the gold standard, particularly when wealth is held only in gold. The choice depends on the assets held and the approach you follow.

Mixed wealth, jewellery and alloys may need more specific treatment. Ask a qualified scholar when the difference changes your liability.

No. Nisab is a threshold, not an allowance. If the relevant conditions are met, the usual 2.5% applies to your whole net eligible balance. With £5,000 of eligible savings above nisab, Zakat is £5,000 × 2.5% = £125 — not 2.5% of the amount above nisab. If net eligible wealth is below the threshold, no Zakat on wealth is due for that year.

Use the price on your Zakat date: the lunar anniversary of when your wealth first reached nisab. For an earlier date, use a price for that date rather than today’s — see the 2026 month-by-month nisab table. For current valuations, compare with a reliable dealer’s quote and record the source.

Not on its own. Zakat on wealth is due when eligible wealth at or above nisab has been held for a lunar year (the hawl) and the other conditions of ownership are met. Schools differ over temporary dips below nisab and new wealth received during the year. The calculator asks you to confirm your anniversary but cannot verify your financial history.