How to Calculate Zakat | A Really Simple Guide

Zakat calculation can be tricky, but in this video we have packed in pretty much everything you need to know to do your zakat inshAllah. Our Zakat Calculator link is below.

This is the IFG Zakat Calculator: http://islamicfinanceguru.com/calcula... (we don't take a penny in any admin fee, and you get a free portfolio health check while you're at it)

This is our detailed Zakat Guide and FAQ: https://www.islamicfinanceguru.com/ca...

A quick clarification which I should have made in the video at 04:12 - the mainstream hanafi position is to pay zakat on gold and silver that you wear as well. On this particular point we adopted the view of the other madahib. So go with what you are comfortable with.

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TIMESTAMPS
00:00 - Introduction
01:22 - What is zakat
02:27 - When do you have to pay zakat?
04:00 - What assets do you need to pay zakat on?
04:52 - Zakat on your business
05:12 - Zakat on stocks and shares
05:57 - Zakat on funds, mutual funds and pensions
06:20 - Zakat on property
06:36 - Zakat on crypto, cryptocurrencies, bitcoin
07:10 - Zakat on debts you are owed
07:18 - Zakat on money you owe
07:36 - the best place to calculate zakat
08:30 - What to look for in a charity before donating
10:30 - Giving Zakat to NZF or Islamic Relief
11:14 - Conclusions

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