Zakat Calculator for Gold in Nigeria 2026

Calculate your Zakat on gold in Nigeria for 2026. Free online calculator with real-time prices in NGN. Maliki madhab guidelines. Accurate and scholarly verified.

⚜️Gold Zakat Calculator

🇳🇬Nigeria · NGN

Live Market Price

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1Configuration

School of Jurisprudence (Madhab)

Nisab Threshold Basis

⚖️Current Nisab: NGN 11,475,000.0085g gold

ℹ️ Gold: ~NGN 135,000.00/g · Silver: ~NGN 1,530.00/g (approximate — connecting to live prices...)

2Your Zakatable Assets

🥇 Gold

Gold item 1

🥈 Silver

NGN

Bank accounts, savings, deposits, cash on hand.

NGN
NGN

Total market value of all crypto holdings.

NGN

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.

NGN
NGN

Only the amount saved — not the property value itself.

NGN

3Debts & Liabilities

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

NGN
NGN

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 Gold Zakat in Nigeria

Calculate your Zakat on gold in Nigeria using our free online calculator. Get real-time gold prices in NGN, check the nisab threshold (85g of pure gold), and determine your exact Zakat obligation. Our calculator follows Maliki madhab guidelines as practiced in Nigeria.

Nisab Threshold

85g of gold

Maliki Madhab Rule

Worn jewelry exempt, stored/investment gold is zakatable.

Source: Supreme Council for Islamic Affairs Nigeria

Frequently Asked Questions

What is the nisab for gold Zakat in Nigeria?

The nisab for gold Zakat is 85 grams of pure gold (24k). This is equivalent to approximately 7.5 tola or 2.73 troy ounces. The monetary value changes with market prices — use our calculator for the current nisab in NGN.

Do I pay Zakat on gold jewelry I wear in Nigeria?

It depends on your madhab. In the Maliki school (predominant in Nigeria), worn jewelry is EXEMPT from Zakat. All schools agree that stored/investment gold is zakatable.

How much Zakat do I pay on gold?

The Zakat rate on gold is 2.5% of the total value of your pure gold holdings above the nisab threshold (85g). The gold must have been in your possession for one complete lunar year (hawl).

Can I combine gold and silver to reach nisab?

In the Hanafi madhab, yes — gold and silver values are combined to reach nisab. In the Maliki, Shafi'i, and Hanbali schools, gold and silver are calculated separately.