Entrust Your Zakat in Aldar Waqf!

Zakat is one of the Five Pillars of Islam and an essential obligation for eligible Muslims. Zakat serves as a means of purifying your wealth.

By giving zakat, you contribute directly to the welfare of the less fortunate, providing them with the basic necessities of life, such as food, clothing, shelter, education, and healthcare.

There are eight categories of people who are eligible to receive Zakat.

  1. The poor
  2. The needy
  3. Administrators of Zakat
  4. Those whose hearts have been recently reconciled
  5. Those who have been enslaved
  6. Those in debt
  7. In the cause of God
  8. Travelers (including refugees)

We’re committed to collecting and distributing Zakat in accordance with Sharia, and in an honest and ethical manner. Therefore, we have enlisted the expertise of some of the leading and most respected Islamic scholars to form an independent Zakat Advisory Board and uphold Aldar Waqf City Zakat Policy.

Zakat Calculator

Nisab (Updated on 25 February 2025)

Using the value of 87.47 Grams of 24K gold – approximately

Assets include money held in the bank, cash, property, jewellery or anything else of value. If any of the fields do not apply you can leave them blank.

Liabilities represent money that is owed to others.

Value of Jewellery
Most scholars are of the opinion that zakat should be paid on all gold and silver jewellery, whether it is worn or not.

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Cash in Hand or in Bank Accounts
Zakat is paid on any savings that you have had for one full year. Usually this means that you input the minimum that you have had in your account since you last calculated your Zakat one year ago. Include money at home or in hand.

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Investment & Share Values
If you don’t intend to sell the shares, then zakat is due on dividends you earn. However, if you are buying and selling shares, zakat is due on their current market value.

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Bank Deposit

Zakat is paid on any savings that you have had for one full year. Usually this means that you input the minimum that you have had in your account since you last calculated your Zakat one year ago. Include all your bank accounts, cryptocurrency, PayPal (and so on) balance. Any interest you have received at the bank is haram and must not be included.

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Stocks
If you are buying and selling investment certificates, zakat is due on their current market value.

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Money You're Owed
Most scholars are of the opinion that zakat should be paid on all gold and silver jewellery, whether it is worn or not.

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Personal Debt
Any unpaid rent, house payments, utility bills or money that you owe etc., that are due or overdue should be entered here.

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Business Debt
Any unpaid rent, property payments, invoices, staff salaries or money that you owe etc., that are due or overdue should be entered here.

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Your net wealth is less than the Nisab so no zakat is due.

Your total zakat due is

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