Zakat Calculator for Business Assets in Canada 2026
Calculate your Zakat on business assets in Canada for 2026. Free online calculator with real-time prices in CAD. Hanafi madhab guidelines. Accurate and scholarly verified.
🏢Business Assets Zakat Calculator
🇨🇦Canada · CAD
1Configuration
School of Jurisprudence (Madhab)
Nisab Threshold Basis
ℹ️ Gold: ~CA$123.00/g · Silver: ~CA$1.40/g (approximate — connecting to live prices...)
2Your Zakatable Assets
🥇 Gold
🥈 Silver
Bank accounts, savings, deposits, cash on hand.
Total market value of all crypto holdings.
Inventory + cash on hand + trade receivables. Exclude fixed assets (machines, furniture).
🏠 Real Estate
Primary residence is exempt (scholarly consensus). Zakatable below applies only to property held for resale or rental income.
Only the amount saved — not the property value itself.
3Debts & Liabilities
Debts due within the next 12 months may be deducted in the Hanafi madhab.
Only next 12 months of payments — not the total outstanding balance.
4Zakat Calculation Result
Enter your assets above to see your Zakat calculation.
Important Disclaimer
This calculator provides a general estimate based on commonly accepted scholarly guidelines. Zakat obligations can vary based on individual circumstances, madhab, and local scholarly opinions. Always consult a qualified Islamic scholar for a ruling specific to your situation. This tool does not constitute a fatwa or religious ruling.
About Business Assets Zakat in Canada
Calculate Zakat on your business inventory, receivables, and trading assets in Canada. Our calculator follows Hanafi madhab rules for business Zakat (urud al-tijara). All values in CAD.
Hanafi Madhab Rule
Inventory at MARKET (selling) value. Fixed assets (machines, premises) exempt. Debts deductible (12 months).
Source: Zakat Foundation of America (used by Canadian Muslims)
Frequently Asked Questions
What business assets are zakatable?
Zakatable business assets include: inventory at market (selling) price, business cash, and trade receivables. Fixed assets like equipment, buildings, and vehicles used in the business are NOT zakatable.
How is business Zakat calculated in Canada?
Zakat = (inventory at market value + business cash + receivables − deductible debts) × 2.5%. The Hanafi school allows deducting debts due within 12 months.
Is inventory valued at cost or market price?
All four madhabs agree: inventory is valued at market (selling) price on the Zakat date, not at cost price. This is based on the hadith of Samurah ibn Jundab (Abu Dawud).