Zakat Calculator for Cryptocurrency in Canada 2026

Calculate your Zakat on cryptocurrency in Canada for 2026. Free online calculator with real-time prices in CAD. Hanafi madhab guidelines. Accurate and scholarly verified.

₿Cryptocurrency Zakat Calculator

🇨🇦Canada · CAD

1Configuration

School of Jurisprudence (Madhab)

Nisab Threshold Basis

⚖️Current Nisab: CA$833.00595g silver

ℹ️ Gold: ~CA$123.00/g · Silver: ~CA$1.40/g (approximate — connecting to live prices...)

2Your Zakatable Assets

🥇 Gold

Gold item 1

🥈 Silver

CAD

Bank accounts, savings, deposits, cash on hand.

CAD
CAD

Total market value of all crypto holdings.

CAD

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.

CAD
CAD

Only the amount saved — not the property value itself.

CAD

3Debts & Liabilities

Debts due within the next 12 months may be deducted in the Hanafi madhab.

CAD
CAD

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 Cryptocurrency Zakat in Canada

Calculate Zakat on Bitcoin, Ethereum, and other cryptocurrencies in Canada. Based on broad scholarly consensus that crypto is zakatable wealth. Get current values in CAD and calculate your 2.5% Zakat obligation.

Hanafi Madhab Rule

Treated as a commodity/asset (mal). Pay 2.5% on market value at hawl date if above nisab. Coins (BTC, ETH) always zakatable as monetary assets.

Source: Zakat Foundation of America (used by Canadian Muslims)

Frequently Asked Questions

Is Zakat due on cryptocurrency?

Yes. There is broad scholarly consensus that cryptocurrency is zakatable wealth (mal). This applies even among scholars who consider crypto trading impermissible — the asset is still zakatable.

How do I calculate Zakat on Bitcoin in Canada?

Convert your Bitcoin holdings to CAD at market value on your Zakat date. If the total exceeds nisab and you've held it for one lunar year, pay 2.5% as Zakat.

Are NFTs and utility tokens zakatable?

NFTs held as investments or for resale are generally zakatable at market value. Utility tokens purchased for personal use (not resale) may not be zakatable. Consult a knowledgeable scholar for specific token rulings.